Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Rising Loss Estimates Heighten Concern for the Stability of Some Insurance Sectors September 28, 20
Sep 28 2001 // In light of rising estimates of losses from the World Trade Center tragedy, some sectors of the insurance industry could suffer significant damage to their financial stability, according to a new assessment by Weiss...
Serio Assures Congress Industry Can Manage NY Disaster, Pays Tribute to Neil Levin
Sep 28 2001 // Gregory V. Serio, the Superintendent of the New York State Insurance Department told the House Financial Services Committee that: “While none of us will ever be the same as a result of the events of September 11th, I...
Zurich Reestablishes NY Offices
Sep 28 2001 // Zurich North America, the U.S. subsidiary of the Zurich Financial Services Group, announced that it has completed the relocation of its offices from the damaged One Liberty Plaza building in downtown Manhattan to a number...
NAIC Donates $10,000 to Honor Former NY Ins. Superintendent Lost in Disaster
Sep 27 2001 // In an act of remembrance, the National Association of Insurance Commissioners (NAIC) President and Kansas Insurance Commissioner Kathleen Sebelius announced the association is donating $10,000 to the Neil D. Levin...
American Financial Group Issues Preliminary Estimate on Recent New York City Tragedy September 25, 2
Sep 25 2001 // American Financial Group Inc. issued a preliminary estimate of its expected losses from the terrorist attacks of September 11, 2001. Based on information available at this time, AFG estimates that its pre-tax losses after...
Insurance Leaders Meet with President Bush to Discuss State of Industry
Sep 25 2001 // In a recent White House meeting, Independent Insurance Agents of America (IIAA) CEO Robert A. Rusbuldt and other industry leaders reassured President Bush that insurance agents and companies are well-positioned to handle...
Sept. 11, 2001: Terrorist Attacks Strike America
Sep 24 2001 // Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the twin 110-story towers collapsed. The crashes occurred minutes apart just before 9 a.m., and...
Frontier Pacific Conserved Due to Findings of Insolvency
Sep 24 2001 // The struggles continue for Frontier Insurance Company Inc., which reached an agreement in August with the New York State Insurance Department to enter into voluntary rehabilitation. Its wholly owned subsidiary, San...
How To Help: Who’s Doing What in the Insurance Industry
Sep 24 2001 // America has witnessed an outpouring of emotion and a desire to help after the tragic events of Sept. 11. Following is a list of national facilities and some of the efforts made by insurance organizations to assist in the...
True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured
Sep 24 2001 // “The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men and, through cooperation, his ability to find greatness.” —Minoru Yamasaki (1912-1987),...
IIAA Establishes Industry Disaster Resource Website
Sep 21 2001 // The Independent Insurance Agents of America’s (IIAA) Virtual University has established an insurance industry resource page to explain the insurance implications of the recent tragedies in New York and Washington...
Workers’ Comp Insurers to Play Integral Role in Tragedy’s Aftermath
Sep 19 2001 // As the heroic rescue and recovery efforts in the wake of the Sept. 11 terrorist attacks continue, workers’ compensation insurers will have an important role in repairing the economic damage resulting from the...
Aon Provides Update to Clients and Stockholders
Sep 19 2001 // Aon Corp. recently issued the following statement to its clients and stockholders from Chairman and CEO Patrick G. Ryan: “The shocking events of last Tuesday have had a dramatic impact on the world. Our primary focus...
St. Paul Re’s New York Operations Continue from Morristown, N.J.
Sep 18 2001 // The New York City operations of the reinsurer St. Paul Re — based at 195 Broadway, one block from the World Trade Center, and evacuated in the events of Sept. 11 — are continuing from the company’s...
Insurance Vital to Rebuilding New York Says III
Sep 17 2001 // In a written statement Insurance Information Institute head Gordon Stewart called insurance “vital to society,” and indicated that “without insurance, it would be impossible to recover from this disaster....
Displaced NY Companies Search for Office Space
Sep 17 2001 // Tuesday’s tragedy wiped out 20 percent of downtown New York’s Office space, and an even larger number of technologically sophisticated facilities, leaving displaced companies scrambling to find temporary...
Seabury Smith Employees in New York Safe
Sep 17 2001 // Des Moines-based Seabury & Smith, a program management firm, and parent company Marsh Inc., which bought the West Des Moines-based Kirke-Van Orsdel Inc., confirmed the safety of 500 employees Tuesday, including most...
IIAA, New York Association Establish America’s Survivor Relief Fund
Sep 17 2001 // The Independent Insurance Agents of America (IIAA) and the Independent Insurance Agents Association of New York (IIAANY) have established a relief fund to benefit victims and surviving family members of individuals who...
Terrorist Attack Paralyzes Economy; Insurers Face Largest Catastrophe Ever
Sep 17 2001 // The coordinated terrorist attacks in New York’s lower Manhattan and Washington, D.C., last week targeted indisputable symbols of American prestige and military power: the World Trade Center and the Pentagon. The...
Collection at Conference & Expo 2001 for Victims of Terrorist Attack
Sep 14 2001 // In light of the horrendous tragedy in New York, the American Agents Alliance will be taking a collection at Conference & Expo 2001 to benefit victims and their loved ones. This collection will be taken on Sunday,...
