Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State
Feb 4 2021 // The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance...
New York Undercounted Nursing Home Deaths by Thousands, Attorney General Says
Feb 3 2021 // New York may have undercounted COVID-19 deaths among nursing home residents by thousands, the state attorney general charged in a report Thursday that dealt a blow to Governor Andrew Cuomo’s oft-repeated claims that...
Making Waves: How New York Became a Leader in State Cyber Regulation
Feb 2 2021 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell spoke with Elizabeth Blosfield during the most recent episode of the Insuring Cyber Podcast about how she has always seen New York as a...
The Hilb Group Acquires New York’s Rampart Brokerage Corporation & Afilliates
Feb 2 2021 // The Hilb Group LLC (THG) has completed its 100th acquisition by acquiring New York-based Rampart Brokerage Corporation & Affiliates (RBC). The effective date of the acquisition was December 1, 2020. Headquartered in...
New York’s NFP Hires Beaudette as Senior Vice President
Jan 26 2021 // NFP, a New York, New York-based insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual solutions, has hired Daniel Beaudette as a senior vice president. Beaudette...
New York Court: Uber Drivers Are Employees Eligible for Unemployment Insurance
Jan 25 2021 // The New York Supreme Court, Appellate Division, Third Judicial Department held at the end of December that Uber drivers can be considered employees eligible for benefits such as unemployment insurance. The finding upheld...
Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition
Jan 22 2021 // The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent...
N.Y. Court Takes Contrary Position on Insurers’ Right to Recoup Defense Costs
Jan 21 2021 // It has long been understood that under New York law, an insurance company may recoup defense costs paid on behalf of an insured once it has been ultimately determined that there was no coverage in connection with the...
Smith Brothers Insurance Acquires New York-Based Shank & Falvey Insurance
Jan 11 2021 // Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook. The acquisition expands Smith Brothers’ footprint in...
Flooding Brings New Woes to New York City Church Hard-Hit by COVID-19
Jan 7 2021 // A Lutheran church in New York City already reeling from the COVID-19 deaths of more than 60 members of the congregation has suffered a new trauma: Severe flood damage from the rupture of a major municipal water main. The...
Two Businesses, Owners Charged with Fraud Against New York State Insurance Fund
Jan 5 2021 // Two businesses and their owners have been charged with fraud against the New York State Insurance Fund (NYSIF). Manuel Sanchez and his business Lagos Construction have been charged with grand larceny and other crimes for...
The Hilb Group Acquires New York’s Hiram Cohen & Son Inc.
Dec 30 2020 // The Hilb Group LLC (THG) has acquired New York-based Hiram Cohen & Son Inc. (HCS). The transaction became effective on December 1, 2020. HCS, founded in 1919, is still operated by descendants of Founder Hiram Cohen,...
New York Reaches Deal on Cleanup at Long Island Aerospace Site
Dec 30 2020 // New York has reached an agreement with defense contractor Northrop Grumman and the U.S. Navy on a $406 million plan to clean up a massive plume of underground contamination left from Long Island’s heyday as a hub of...
Former N.Y. Corrections Officer Pleads Guilty to Stealing Unearned Wages
Dec 29 2020 // A former New York State Department of Corrections and Community Supervision (DOCCS) officer has pled guilty to forging paperwork falsely claiming military service so that he could take time off. Kyle Bouille, of Corning,...
Owner to Rebuild After Upstate New York Sports Dome Collapses Under Snowfall
Dec 23 2020 // The owner of a sports complex in the upstate New York city of Binghamton says he plans to rebuild after its air-supported dome collapsed under this week’s record-breaking snowfall. No one was injured when one of the...
Risk Strategies Acquires New York’s FBA National
Dec 18 2020 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired FBA National, a specialist in developing employee benefits solutions that align with an organization’s goals and...
The Hilb Group Acquires New York’s Moran, Moran, & Dauphin Inc.
Dec 17 2020 // The Hilb Group LLC (THG) has acquired New York-based Moran, Moran, & Dauphin Inc. (MMDI). The transaction became effective on November 1, 2020. Founded in 2006, MMDI operates as a full-service agency primarily...
Marshall & Sterling Insurance to Acquire New York’s Jaeger & Flynn Associates
Dec 17 2020 // Marshall & Sterling Insurance, a 100% employee-owned company, has entered into an agreement to acquire Jaeger & Flynn Associates Inc. (JFA), an employee benefits broker and third-party administrative services (TPA)...
Freeman Mathis & Gary Hires Santocki as a Partner in its New York City Office
Dec 16 2020 // Freeman Mathis & Gary LLP (FMG), a nationwide litigation law firm with 200 attorneys and 19 offices in 10 states, has hired Alicia Santocki as a partner in the New York City office. Santocki also will practice in...
New York Auto Insurance Fraud Ring Busted Following Two-Year Investigation
Dec 11 2020 // An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation. Westchester County District Attorney Anthony A. Scarpino Jr. announced...
