Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
East States See Health, Flood Coverages as Key in 2019 with Insurtech, Recruitment Raising Concerns
Jan 7 2019 // From big data and blockchain to autonomous vehicles and new technology that isn’t yet on the radar, “change is inevitable” for the insurance industry in 2019. “Insurance companies, insurance...
Electric Scooters Have Been Burned, Buried and Butchered. They’re About to Be Regulated.
Jan 7 2019 // Thousands of new riders have embraced the electric pay-per-minute scooters that have proliferated on America’s streets. Other people have set them on fire, tossed them off buildings and decorated them with dog...
People
Jan 7 2019 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...
2019 Insurance Industry Meetings & Conventions Directory
Jan 7 2019 // 2019 CIWA Industry Days Jan 6-8 Hilton La Jolla Torrey Pines La Jolla, CA CIWA www.ciwa.net 2019 Big ‘I’ Winter Meeting Jan 9-12 Hyatt Regency St. Louis at the Arch St. Louis, MO Independent Insurance Agents...
New York Thruway Authority Sues Over Failed Wind Turbines
Jan 3 2019 // The New York Thruway Authority has filed a lawsuit against multiple companies over the failure of four wind turbines. The authority says in its lawsuit filed Thursday the turbines located along the Thruway in Erie and...
New York Transformer Explosion Lights Sky, Causes Power Outages
Dec 31 2018 // A transformer explosion at an electrical plant set the skies above New York City ablaze in an eerie, pulsing blue light Thursday night, causing scattered power outages, delaying flights and sparking a social media storm of...
Insurance Journal East’s Top Stories for 2018: Tax Cuts & Jobs Act, Auto Insurance, Mass. Gas Explosions
Dec 31 2018 // As Insurance Journal looks back on the most popular stories of 2018, its readers in the East region showed interest in a variety of topics from auto insurance to the September gas explosions in Massachusetts to state...
Chamber’s List of 2018’s ‘Top 10 Most Ridiculous Lawsuits’
Dec 31 2018 // A lawsuit targeting California coffee houses for not including warning labels on their products tops the U.S. Chamber Institute for Legal Reform’s (ILR) list of the Top 10 Most Ridiculous Lawsuits of 2018. This...
Major Newspapers Hit by Cyber Attack
Dec 30 2018 // A cyberattack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major U.S. newspapers, including ones owned by Tribune Publishing Co such as the Chicago Tribune and Baltimore...
Plymouth Rock to Acquire MAPFRE Insurance Company of New York
Dec 27 2018 // The New York State Department of Financial Services (DFS) has approved an application by Plymouth Rock Assurance Corporation to acquire MAPFRE Insurance Company of New York, a New York domestic property and casualty...
Feds Upset Over Lack of Access to Limo in Fatal New York Wreck
Dec 27 2018 // The National Transportation Safety Board told a New York prosecutor she has hampered the agency’s efforts to determine the cause of the limousine crash that killed 20 people in her rural upstate county, the...
Lloyd’s Underwriters Agree to Settle Charges Related to NRA-Branded Insurance
Dec 21 2018 // In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire arms liability...
Judge Blocks New York from Enforcing Opioid Surcharge on Companies
Dec 21 2018 // A Manhattan federal judge blocked New York state from enforcing a recently enacted law that aimed to collect $600 million from drug manufacturers and distributors to defray the costs of combating the opioid addiction...
Vullo to Step Down as New York Insurance Regulator; Gov. Cuomo Weighs Successor
Dec 20 2018 // Maria Vullo is stepping down as head of New York’s banking and insurance regulator, she said in an interview, after three years in which she created a national model for cybersecurity regulations at banks and fought...
Alliant Hires Callahan as Senior Vice President in New York
Dec 19 2018 // Alliant has hired William Callahan as senior vice president. In this role, the New York-based insurance veteran will provide a range of insurance and risk management services to a portfolio of clients. Callahan has 30...
Ryan Specialty Group Acquires New York’s Superior Payment Plan
Dec 19 2018 // Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Superior Payment Plan LLC, a premium finance company based in Depew, N.Y. Terms of the agreement were not shared. Following the transaction,...
J&J Launches Defense Against Reuters Report on Baby Powder Asbestos
Dec 18 2018 // Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper...
IICF Raises Nearly $1.3M for N.Y. Nonprofits, Honors HUB International Limited
Dec 17 2018 // The Insurance Industry Charitable Foundation (IICF) has announced that nearly $1.3 million was raised on Wednesday, December 12, at its 12th annual Northeast Benefit Dinner to fund the IICF Northeast Division’s...
People
Dec 17 2018 // Frenkel & Company – an EPIC Company has hired risk management and insurance professional Michael Power as a principal. Power will be based in Frenkel’s New York, N.Y., office and report to Phil Remig, the...
New York Contractor Convicted of Hiring Hit Men for Killing
Dec 14 2018 // A Schenectady, N.Y., contractor has been convicted of first-degree murder in a scheme to kill a man for life insurance money. A jury convicted 54-year-old Tarchand Lall on Wednesday for hiring hit men from Delaware to kill...
