Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Proposes Guidance for Insurers on Financial Risks of Climate Change
Mar 25 2021 // The New York State Department of Financial Services (DFS) has issued proposed guidance for regulated insurers on managing the financial risks of climate change. The proposed guidance comes after a circular letter was...
New York Regulator Issues Second Enforcement Action Under Cyber Rules
Mar 23 2021 // The New York Department of Financial Services’ (DFS) second enforcement action to date under its cybersecurity regulation underscores the importance of promptly investigating potential cybersecurity events. It also...
Insurance Technology: InsurTech NY Winners; $3M in GloveBox; Hippo’s Claims Partners; AXIS-Elpha Cyber Service
Mar 22 2021 // The Winners Are InsurTech NY announced the winners of its 2021 Early-Stage InsurTech Competition at the InsurTech Spring Conference on March 10. The winners received prizes worth $200K in total. Winners were selected by...
Firefighter Trainee Dies After Being Stricken in Upstate New York
Mar 17 2021 // A 21-year-old man who suffered a medical emergency during firefighter training in upstate New York died nine days after being stricken. Peyton Morse died at Guthrie Hospital in Sayre, Penn., according to fire officials. He...
New York Regulator to Collect, Publish Insurer Diversity Data to Promote Transparency
Mar 16 2021 // The New York State Department of Financial Services (DFS) is calling on its regulated insurers to prioritize diversity of leadership and says it will begin collecting and publishing diversity data from insurers this year...
New York Suit Against EPA Over GE’s Hudson River Cleanup Dismissed
Mar 16 2021 // A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019 decision that General Electric had completed a Hudson River dredging remediation...
New York Issues Letter to Regulated Entities Regarding Microsoft Exchange Breach
Mar 12 2021 // The New York Department of Financial Services’ (DFS) Cybersecurity Division issued a March 9 letter to regulated entities regarding the recent Microsoft Exchange breach in which thousands of organizations were...
Settlement Reached in New York Teen Athlete’s Training Drill Death
Mar 9 2021 // The mother of a high school football player who died in New York after a 400-pound log fell on him during a military-style training drill has settled her lawsuit over the teen’s death for a seven-figure sum,...
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State
Mar 8 2021 // The New York State Department of Financial Services (DFS) has issued new guidance for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance the regulator has issued on...
One80 Intermediaries Acquires New York’s Edward E. Hall and Company
Feb 26 2021 // One80 Intermediaries has acquired Edward E. Hall and Company (EE Hall). Terms of the deal were not disclosed. One80 is a national wholesale broker, program manager, third-party administrator (TPA), warranty and...
New Members Appointed to New York State Insurance Advisory Board
Feb 24 2021 // The New York State Department of Financial Services (DFS) has appointed members to serve a three-year term on the New York State Insurance Advisory Board. Members of the board include representatives of the insurance...
Allianz Global Corporate & Specialty Promotes Fioretti in New York
Feb 24 2021 // Allianz Global Corporate & Specialty (AGCS) has named Katie Fioretti as regional head of portfolio steering for financial lines in North America, effective immediately. She assumes the role from Alessandro Carriglio,...
Nine Injured, Two Seriously, in Explosion at New York City Residence
Feb 23 2021 // Authorities said nine people were injured, two seriously, after an explosion Thursday at a three-story New York City residence that blew out windows and sent a door flying into power lines. The report of an explosion on...
High Street Insurance Partners Acquires New York’s Badge Agency
Feb 23 2021 // Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc. Founded in...
New York Court Finds Insurer Not Responsible for Theater’s COVID-19 Losses
Feb 17 2021 // The Supreme Court of the state of New York, Nassau County, has dismissed a movie theater’s claims that its insurer is responsible for covering its COVID-19 related losses and that its insurance brokers were negligent...
New York Attorney General Sues Amazon Over COVID-19 Shortfalls
Feb 17 2021 // New York Attorney General Letitia James sued Amazon.com Inc on Tuesday over its handling of worker safety issues around the COVID-19 pandemic at two warehouses, just days after the retailer filed its own lawsuit seeking to...
New York Woman Arrested for Insurance Fraud in Obtaining $200K of iPhones
Feb 12 2021 // A Bronx, New York, woman has been arrested and charged with fraudulently obtaining more than $200,000 worth of iPhones from an insurance company. Rosanna Lucrecia Cruel Blanco, 39, was charged by criminal complaint with...
Amazon Sues New York Over COVID Workplace Safety, Firing Lawsuit
Feb 12 2021 // Amazon.com Inc. on Friday sued New York’s attorney general to stop the state from filing its own lawsuit over the online retailer’s early response to COVID-19, including its firing of activist Christian...
New York Man Pleads Guilty to Insurance Fraud Following Hit-and-Run Accident
Feb 9 2021 // A New York man has pleaded guilty to insurance fraud after being involved in a hit-and-run incident with a parked car in Hoboken, New Jersey. On Wednesday, February 3, 2021, Richard Hamedl of West New York pleaded guilty...
Judge Orders Release of New York Data on Long-Term Care Deaths
Feb 8 2021 // A state judge ordered New York’s Department of Health to release records about nursing home residents who died of COVID-19 in a ruling that said the agency’s failure to do so already was a...
