Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
American Airlines Crash Another Blow to Insurers
Nov 14 2001 // Insurance companies reportedly face $200 million in claims from the New York City plane crash on Nov. 12, an unwelcome blow for insurers still struggling with major losses from the Sept. 11 attacks. According to Reuters...
Silverstein Claims Pair of Losses in WTC Disaster
Nov 12 2001 // The man who held the master lease on the World Trade Center is standing by his claim that the loss of the Twin Towers on Sept. 11 was two losses, not one, despite the call by insurer Swiss Re that there was only one loss...
Ohio Director Sues New York-Based Company
Nov 8 2001 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer Credit General Insurance Company (CGIC), sued New York-based AmTrust Financial Group and its subsidiaries...
NY, NJ Agents Offer Halloween Safety Tips
Oct 31 2001 // The presidents of the Professional Insurance Agents of New York (PIANY) and of New Jersey (PIANJ), John Bailey and Steve Reichman, have both issued warnings to parents to observe certain basic safety rules for their trick...
NYSID Now Offers On-line Complaint Filing
Oct 30 2001 // The New York State Insurance Dept. announced that consumers can now file insurance complaints against companies, agents, brokers and others holding State licenses on its Web site. “The on-line complaint form was...
NY Psychologist Charged with Insurance Fraud
Oct 30 2001 // Local police have arrested Barbara Sternberg, a licensed psychologist in Yorktown Heights, on charges of insurance fraud, grand larceny and falsifying business records, following an investigation by the New York State...
NAII Lauds NY Court Ruling on Settlement Reimbursements
Oct 24 2001 // The New York State Court of Appeals recently ruled that insurance companies must treat settlements that “are not linked by a common origin” separately, and cannot combine them in order to tap into reinsurance...
NY, NJ Agents Offer Winter Safety Tips
Oct 23 2001 // The presidents of the Professional Insurance Agents of New York (PIANY) and of New Jersey (PIANJ), John Bailey and Steve Reichman, have issued bulletins warning consumers of potential fire hazards, and offering safety tips...
Taking Advantage of Tragedy: Some Individuals Turn to Fraud
Oct 22 2001 // The amount of pain and suffering that people have to deal with in the normal course is already there, then it’s compounded when people show their worst side at times like this,” said John Eager, senior director...
Insurers Pay to Rebuild NY Amidst More Fraud Warnings
Oct 15 2001 // While State and Federal Funds will be called upon to help rebuild lower Manhattan after September’s terrorist attacks, the insurance industry is already at work to help thousands of businesses and individuals begin...
Financial Toll Mounts From Sept. 11 Tragedy, Lessons Emerge
Oct 15 2001 // The financial and human losses from the events of Sept. 11 continue to haunt insurance companies across the country and for that matter, the world. Following the tragedies that impacted New York City, Washington, D.C., and...
New Focus On Business Interruptions Coverage
Oct 15 2001 // The destruction of the twin towers of New York’s World Trade Center and the sealing off of a large portion of lower Manhattan brought hundreds of business activities to a standstill, from the local newsstand to giant...
Taking Advantage of Tragedy: Some Individuals Turn to Fraud
Oct 15 2001 // The amount of pain and suffering that people have to deal with in the normal course is already there, then it’s compounded when people show their worst side at times like this,” said John Eager, senior director...
NAII Suggests Claims Handling Strategies for Damages Connected to Terrorism Attacks
Oct 11 2001 // The National Association of Independent Insurers (NAII) outlined five specific recommendations to help victims and insurers expedite the claims process and streamline the financial recovery from terrorist attacks and other...
AAA Gives Traffic Safety Awards to NYC, NY, NJ Communities
Oct 9 2001 // The American Automobile Association has recognized the traffic safety efforts of a number of communities across the country. Locally it cited New York City, White Plains and Garden City, as well as New Jersey’s...
A Look at Invoking War Exclusions
Oct 8 2001 // The destruction of the World Trade Center on Sept. 11, was a disaster from a variety of points of view. President Bush is right: it was the embodiment of evil, as are most terrorist attacks on civilians. It is also a...
New Focus on Business Interruptions Coverage
Oct 8 2001 // The destruction of the twin towers of New York’s World Trade Center and the sealing off of a large portion of lower Manhattan brought hundreds of business activities to a standstill, from the local newsstand to giant...
How to Help: Who’s Doing What in the Insurance Industry
Oct 8 2001 // America has witnessed an outpouring of help after the tragic events of Sept. 11. Following is a list of national and regional facilities and some of the efforts made by insurance organizations to assist in the relief...
NAIC Reassures Congress in Aftermath of Terrorist Attacks
Oct 2 2001 // National Association of Insurance Commissioners (NAIC) President and Kansas Insurance Commissioner Kathleen Sebelius told Congress that the American insurance industry is financially able to withstand the pressures created...
NAIFA Joins Coalition, Takes Steps to Respond to Sept. 11 Tragedy
Oct 1 2001 // The National Association of Insurance and Financial Advisors (NAIFA) announced further steps it is taking in response to the terrorist attacks on New York City and Washington, D.C. NAIFA has joined other leading industry...
