Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Working to Deter Fraud, Manipulation in Virtual Currency Markets
Feb 16 2018 // New York Department of Financial Services (DFS) has issued guidance reminding all virtual currency entities licensed by New York State, including those that hold a money transmitter license, that they are required to...
Exxon Gets Combative with Critics Suing Over Climate Change Policy
Feb 15 2018 // As climate-change lawsuits against the oil industry mount, Exxon Mobil Corp. is taking a bare-knuckle approach rarely seen in legal disputes: It’s going after the lawyers who are suing it. The company has targeted at...
New York Judge Awards Graffiti Artists $6.7M After Works Destroyed
Feb 14 2018 // A judge awarded $6.7 million Monday to graffiti artists who sued after dozens of spray paintings were destroyed on the walls of dilapidated warehouse buildings torn down to make room for high-rise luxury residences. U.S....
New York’s Distinguished Programs Hires Beaumont and Hunke
Feb 13 2018 // Distinguished Programs, a New York, N.Y.-based national insurance program manager, has expanded its Data & Actuarial Science department with the addition of Perry H. Beaumont as head of the department and Steven Hunke...
New York’s 21 Club Closes to Fix Flood Damage
Feb 8 2018 // The tony 21 Club in midtown Manhattan has been closed for renovations following a flood. The restaurant was damaged in early January after broken pipes set off fire sprinklers which sent gallons of water gushing throughout...
U.S. Safety Board Blames Two NYC-Area Commuter Crashes on Sleep Disorders
Feb 7 2018 // A U.S. investigative agency said on Tuesday that two New York City area commuter train crashes were the result of engineers with undiagnosed sleep disorders. The National Transportation Safety Board (NTSB) criticized the...
Bangladesh to File Suit Against Philippines Bank over $81M Cyber Heist
Feb 7 2018 // Bangladesh’s central bank will file a lawsuit against a Philippines bank for its role in one of the world’s biggest cyber-heists two years ago, a deputy governor said on Wednesday. Unidentified hackers stole...
New York’s Evergreen Insurance and Risk Management Promotes Kivelevitz
Feb 5 2018 // Evergreen Insurance and Risk Management, a Monsey, N.Y.-based real estate insurer, has promoted Joel Kivelevitz to vice president of operations. He began working in his new capacity February 1. Kivelevitz has worked at...
People
Feb 5 2018 // Boca Raton, Fla.-based Universal Insurance Services, LLC, a subsidiary of Vanbridge, LLC, has added Jamie Lorentz to the firm as an analyst for Corporate and Institutional Insurance. Lorentz joins Universal from...
Compliance or Opportunity? Understanding Cyber Security in Health and Human Services Sector
Feb 5 2018 // If you live outside of New York State and haven’t heard of the New York State Department of Financial Services 23 NYCRR Part 500 (DFS 500), you should pay very close attention. Earlier this year, New York implemented...
Filing Deadline Approaching for New York’s Cybersecurity Regulation
Feb 5 2018 // New York Department of Financial Services Superintendent Maria T. Vullo has reminded all regulated entities and licensed persons covered by the Department of Financial Services’s (DFS) cybersecurity regulation that...
New Report Says New York Construction Fatalities Rising
Feb 2 2018 // A new report says construction deaths in New York state hit a 14-year high in 2016. The study issued Wednesday by the union-backed New York Committee for Occupational Safety and Health found that 71 workers died in...
Ryan Specialty Group Completes Acquisition of New York’s Irwin Siegel Agency
Feb 2 2018 // Ryan Specialty Group LLC, a Chicago, Ill.-headquartered international specialty insurance organization, has completed its acquisition of the assets and operations of the Irwin Siegel Agency Inc. (ISA). This transaction was...
Major League Baseball Finally Does the Right Thing: Viewpoint
Feb 2 2018 // On Wednesday, during Major League Baseball’s quarterly owners meetings, the Tampa Bay Rays and the Arizona Diamondbacks announced that they would be adding protective netting in front of the seats along first and...
The New York DFS Wants Certificates of Compliance for Valentine’s Day
Jan 31 2018 // What were you planning to give the New York Department of Financial Services for Valentine’s Day? Hopefully, a certificate of compliance. It is hard to believe that almost a year has passed since the NYDFS...
China Seeks to Broker Sale of a Stake in Anbang Insurance: Sources
Jan 30 2018 // China’s government, which has been probing alleged financial wrongdoing at Anbang Insurance Group Co., is seeking to broker the sale of a stake in the insurer, people with knowledge of the matter said. Central Huijin...
AXA Insurance Chief Warns of ‘Uninsurable Basements’ from New York to Mumbai
Jan 26 2018 // Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe’s largest insurers said. “If you go much further to 2020, 2030,...
Ryan Specialty Group to Acquire New York’s Irwin Siegel Agency
Jan 24 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency Inc. (ISA). Terms of the agreement were not disclosed. ISA is a human and social service managing...
New York City Sues Drug Companies Over Opioid Epidemic
Jan 24 2018 // New York City on Tuesday sued eight companies that make or distribute prescription opioids, blaming them for fueling a deadly epidemic afflicting the most populous U.S. city. Mayor Bill de Blasio said the lawsuit sought...
Express Scripts Fight Over Cyber Disclosure Reaches SEC
Jan 24 2018 // The U.S. Securities and Exchange Commission will review a dispute between Express Scripts Holding Co. and New York State Comptroller Thomas DiNapoli over his effort to force the prescription-benefits manager to increase...