Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Officials Begin to Assess the Damage as Smoke Clears, Casualties Mount
Sep 13 2001 // Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being...
Majority of Aon Employees Safe, Company Reports
Sep 13 2001 // “The vast majority of our 1,100 employees who worked in the World Trade Center have been reported as safe,” Stephen Ban, senior vice president of marketing/communications in Chicago, told Insurance Journal....
RLI Expects Limited Losses, Is Fully Operational
Sep 13 2001 // RLI Corp. executives said that the company does not expect a significant number of insurance claims from Tuesday’s attacks in New York City and Washington, D.C. The company has a limited number of risks in these...
NY Reg 68 Auto Insurance Reforms Stay Blocked
Sep 11 2001 // An Appellate Court in New York has blocked the implementation of the automobile insurance reforms contained in Regulation 68, which were due to go into force on September 1.(See IJ Website Sept. 5) Justice Peter Tom...
Insurance Stocks Pummeled in International Trade, NYSE Will Not Resume Trade Wednesday September 11
Sep 11 2001 // The New York Stock Exchange indicated that it would not resume trade on Wednesday. Reuters reported that U.S. stock markets had been shut down in the wake of terrorist attacks on New York’s World Trade Center and the...
RLI Corp. World Trade Center Office Closed
Sep 11 2001 // RLI Corp.’s New York City office, housed in the North Tower of the World Trade Center, has closed due to this morning’s damage to that building. All RLI personnel operating from that office have been accounted...
Terrorist Acts Strike New York and Washington
Sep 11 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...
IIAA Expresses Condolences, IIAANY Coordinates Agent Community Response
Sep 11 2001 // The Independent Insurance Agents of America (IIAA) released a statement expressing its heart-felt condolences to the victims and their families. IIAA and the Independent Insurance Agents Association of New York (IIAANY)...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 10 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
S&P GIVES FRONTIER ‘R’
Sep 10 2001 // On Aug. 28, Standard & Poor’s assigned its ‘R’ financial strength rating to Frontier Insurance Co. after the New York State Insurance Department and Frontier reached an agreement for Frontier to...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
S&P Assigns Frontier Insurance Co. ‘R’ Rating
Aug 29 2001 // Standard & Poor’s assigned its “R” financial strength rating to Frontier Insurance Co. after the New York State Insurance Department and Frontier reached an agreement for Frontier to enter into...
NAII Seeks Corrections in NY Insurance Fraud Bill
Aug 23 2001 // The National Association of Independent Insurers warned that several loopholes in recently passed legislation by the New York State Assembly (AB 8654-D), aimed at correcting abuses in the State’s no-fault auto...
Insurer Files Cell Phone Coverage Lawsuits
Aug 20 2001 // According to Mealy Publications, a trio of insurance coverage lawsuits related to cell phone personal injury litigation have been filed in recent weeks. Zurich-American Insurance Co. on July 23 filed actions in New York...
New York Investigation Nets Fraud Charges
Aug 17 2001 // New York State Insurance Department Superintendent Gregory Serio, along with host of other agencies, announced the filing of charges against 67 individuals allegedly involved in a major insurance fraud ring. Criminal...
Willis and Lockton Cos. Come to Resolution
Aug 15 2001 // Willis Group Holdings Limited and Lockton Companies Inc. announced that Willis of New York has won against Lockton Companies Inc., Gary Giulietti, Warren McGrath, Richard Leveroni and John Lumelleau in the Southern...
N.Y. to Require Speedier Processing of Injury Claims After Auto Accidents
Aug 13 2001 // The New York Insurance Department is taking a major step to help reduce insurance fraud by adopting a regulation requiring speedier processing of injury claims after an auto accident, according to the NAII. According to...
NAII Says Legislative Inaction Threatens Insurance Market; No-Fault Fraud Still Rampant August 10,
Aug 10 2001 // According to the National Association of Independent Insurers (NAII), rather than address the rampant no-fault fraud that costs New York consumers over a billion dollars each year, the legislature yesterday allowed several...
AIA Disagrees with NY Assembly’s Refusal to Extend Insurance Laws
Aug 9 2001 // The New York State Assembly’s decision to allow crucial sections of the state insurance law to expire is bad news for consumers, according to the American Insurance Association (AIA). These actions cancel the few...
New York Broker Arrested For Alleged Sale of Bogus Policies
Aug 7 2001 // New York State Insurance Department Superintendent Gregory V. Serio along with Queens District Attorney Richard A. Brown, New York City Police Department Bernard B. Kerik, and New York State Worker’s Compensation...
