Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
WKFC Underwriting Managers Hires Reisig in New York
Nov 5 2018 // WKFC Underwriting Managers has hired Mark Reisig as chief underwriting officer of its Property division, based at the company’s headquarters in Melville, N.Y. Reisig joins WKFC with more than 30 years of property...
Arch Capital Group Enters Agreement to Acquire New York’s McNeil & Co.
Nov 5 2018 // Arch Capital Group Ltd., a Bermuda-based provider of insurance, reinsurance and mortgage insurance, has entered into a definitive agreement to acquire McNeil & Co., a nationwide provider of specialized risk management...
Business Moves
Nov 5 2018 // Hays Cos., Brown & Brown Brown & Brown Inc. has agreed to acquire the assets of the Hays Companies insurance operations. The deal for the Minnesota-based insurance broker with $200 million in revenue marks the...
Two Utility Workers Killed in Helicopter Crash in Northeastern New York
Nov 1 2018 // Two utility workers were killed and two others were hurt when their maintenance helicopter got caught on power lines and crashed in rural northeastern New York, state police said. Pieces of the aircraft dangled from power...
New York Says Exxon Misled Investors About Climate Risks
Oct 26 2018 // New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks that climate change poses to its operations. The lawsuit filed by Attorney General Barbara...
Climate Change Impact Assessment Looks at Risk, Readiness Around U.S.
Oct 25 2018 // Low risk, but low readiness. That’s the assessment for Long Beach, Calif., a city that’s close to my heart. For those who love numbers, the city has a risk score of 49.48, and a readiness score of 47.01. Not...
HMS Agency Acquires New York’s Adirondack Family Insurance Services
Oct 25 2018 // HMS Agency Inc. (HMS), a family-owned and operated insurance agency based in Albany, N.Y., has acquired Adirondack Family Insurance Services of Saratoga Springs, N.Y. The purchase agreement was finalized on July 1, 2018,...
New York AG ‘Puts Up,’ Sues Exxon Over Climate Change Disclosures
Oct 25 2018 // Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public...
Wells Fargo Will Pay $65M Penalty to New York Over Cross-Selling Practices
Oct 23 2018 // Wells Fargo & Co. will pay a $65 million penalty to New York state related to its cross-selling practices. The bank failed to disclose to investors that the success of its cross-selling – the pitching of...
New York Is Considering Blocking Parts of $68B CVS, Aetna Merger
Oct 19 2018 // New York state officials are considering blocking parts of the $68 billion merger of drugstore store chain CVS Health Corp. and Aetna Inc., jeopardizing billions of dollars in insurance premiums for Aetna. CVS and Aetna...
Uber Driver Charged with Kidnapping New York Woman
Oct 18 2018 // An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, 24,...
Everest Insurance Hires Pollert in New York City
Oct 17 2018 // Everest Insurance has hired Bill Pollert to its Marketing and Distribution team as a director in the East region. Pollert joins Everest Insurance from Marsh USA, where he worked for the last fourteen years and most...
Calls for New Regulation Mount as New York Limo Crash Victims Mourned
Oct 16 2018 // The day after a mourning community said last goodbyes to eight of 20 victims of a limousine crash – four sisters and four other relatives – the Senate’s top Democrat called on federal regulators to...
New York Contractor Pleads Guilty to $800K Business Fraud Scheme
Oct 15 2018 // State officials say an Albany-area contractor has pleaded guilty to scamming hundreds of thousands of dollars out of minority-owned businesses and failing to pay dozens of his employees. Attorney General Barbara Underwood...
People
Oct 15 2018 // Frenkel Benefits, an EPIC Company, has hired Nicholas Tunno as a principal in New York. Tunno will report to Phil Remig, Northeast region senior vice president of Operations and Sales. Tunno joins from the New York office...
Limousine Company Operator Arrested Following Deadly New York Crash
Oct 12 2018 // Police charged a limousine service operator Wednesday with criminally negligent homicide in a crash that killed 20 people, while the man’s lawyer said that he wasn’t guilty and that police were rushing to...
EPIC Acquires New York’s Total Management Corporation
Oct 12 2018 // EPIC Insurance Brokers & Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Total Management Corporation (TMC). Based in...
Limo Service Lawyer Says Violations Fixed Before Fatal New York Crash
Oct 11 2018 // The limousine service under scrutiny after a crash that killed 20 people fixed safety violations in its fleet before the tragedy, said a lawyer who suggested the driver was unfamiliar with the rural road. Prestige...
Berkley One Continues Expansion into New York, Connecticut
Oct 11 2018 // Berkley One, a startup insurance provider for individuals and families, has continued its expansion into New York and Connecticut. Partnering with select independent agents, Berkley One offers home, automobile, fine art...
New York Governor Says Limo That Crashed Shouldn’t Have Been on the Road
Oct 10 2018 // The supersized limousine that crashed and killed 20 people outside a country store failed a safety inspection last month and shouldn’t have been on the road, and the driver wasn’t properly licensed, New...
