Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Regulator Subpoenas Insurance Broker About Trump Organization
Mar 5 2019 // New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former...
Connecticut’s Great Depression May Soon Be Over: Fox
Mar 5 2019 // Big news! Going by third-quarter state gross domestic product data that were just released, Connecticut’s economy is on track to grow more than 2 percent in 2018! That’s … not much. But it’s better...
Industry Eyes Renewal of U.S. Terror Reinsurance and Alternatives Should Congress Fail
Mar 5 2019 // U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible gap that would leave their clients scrambling for alternate coverage. The program, which expires at...
Cuomo Drops Proposal to Ban All Modified Stretch Limos in New York
Feb 27 2019 // New York Governor Andrew Cuomo is dropping a proposal to ban all modified stretch limousines, an idea prompted by last fall’s crash that killed 20 people. The Times Union of Albany reports that the provision was...
More Than 65K Power Outages Reported in Upstate New York
Feb 26 2019 // More than 65,000 power outages have been reported in upstate New York after high winds rattled the region. Syracuse.com says 5,000 utility workers have been mobilized upstate. WGRZ in Buffalo said lake-effect snow combined...
New York Governor Orders Investigation Into Facebook’s Access to User Data
Feb 25 2019 // New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information than previously known from smartphone users, including...
Dropped Thermos May Have Been Behind Deadly 2017 New York Bus Crash
Feb 22 2019 // A dropped thermos wedged between the brake and accelerator pedals of a charter bus may have been behind a 2017 crash in Flushing, New York, that killed three people, U.S. transportation investigators said Thursday. The...
Supreme Court Justice Thomas Calls for Overturning Landmark Libel Case
Feb 20 2019 // Justice Clarence Thomas called for the U.S. Supreme Court to overturn the landmark 1964 New York Times v. Sullivan ruling, which protects news organizations from most libel suits when they write about public...
Business Moves
Feb 18 2019 // National AmWINS, The Flood Agency Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance. The...
N.Y. Construction Worker Injured by Steel Plate
Feb 15 2019 // Police in Long Island, N.Y., say a construction worker has his legs severed below the knee when a steel plate knocked him into a hole and landed on him. Officials say the unidentified 39-year-old man was working to install...
Auto Loan Delinquencies Keep Rising But Economists Hold Off on Alarm
Feb 14 2019 // Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York. More than 7 million Americans were 90 or more days...
Insurance Fraud Case in New York May Impact First Party No-Fault Benefits
Feb 14 2019 // A high-profile insurance fraud case on appeal in New York is being closely watched by fraud fighters across the country for the impact the decision will have on no-fault law. The case, Andrew Carothers, M.D., P.C. v....
Federal Preliminary Report on New York Limo Crash Offers No Cause Yet
Feb 13 2019 // The National Transportation Safety Board’s probe of a fatal limousine crash in upstate New York has not yet identified a cause, according to a preliminary report released Monday, after weeks of wrangling between...
Senators Pitch Baseball-Like Arbitration to End Unexpected Medical Bills
Feb 8 2019 // In most markets, when a buyer and a seller can’t settle on a price, they walk away. Medicine is different. Doctors and insurance companies often sort out who owes what only after a patient has been treated,...
1970s Musicians Sue for ‘Second Chance’ to Reclaim Their Songs
Feb 7 2019 // David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music Entertainment Inc. and UMG Recordings Inc. of improperly refusing to let them reclaim rights to songs they had...
Relation Enters Agreement to Acquire New York’s J. Deutsch Associates
Feb 6 2019 // Relation Insurance Services, an insurance brokerage that offers risk management benefits and third party administrator (TPA) consulting services through its family of brands across the U.S., has entered into a definitive...
New York’s SterlingRisk Insurance Hires Guthart
Feb 6 2019 // SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Steven Guthart as president and chief marketing officer. Guthart brings more than 30 years of industry experience to...
Lacewell Takes Over as New York DFS Superintendent Following Vullo’s Tenure
Feb 5 2019 // When Governor Andrew Cuomo of New York launched his statewide banking and insurance regulator several years ago, he picked an aggressive ex-prosecutor who’d spent years under his wing. Now, in naming his latest chief...
USI Insurance Services Acquires New York’s GFI Insurance Brokerage
Feb 5 2019 // USI Insurance Services (USI), a provider of insurance brokerage and risk management, has acquired New York-based GFI Insurance Brokerage Inc. Terms of the transaction were not disclosed. Founded in 2003, GFI provides...
Final Implementation Deadline Approaching for New York’s Cybersecurity Regulation
Feb 1 2019 // The final implementation period for the New York Department of Financial Services’ (DFS) cybersecurity regulation covering DFS-regulated entities and licensed individuals ends March 1, 2019. New York’s...
