Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Two More Counties Added to New York’s Lake Flooding Disaster Declaration
Jan 23 2018 // New York officials say two more counties that sustained extensive shoreline damage from Lake Ontario flooding last year are now eligible for federal recovery aid. Gov. Andrew Cuomo and U.S. Sens. Chuck Schumer and Kirsten...
Filing Deadline Approaching for New York’s Cybersecurity Regulation
Jan 23 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 York State Employers Must Comply With New Paid Family Leave Law
Jan 22 2018 // By Bennett Pine New York Governor Andrew Cuomo has signed into law a phased-in system of paid family leave that became effective on Jan. 1, 2018, for New York employers. On the state level, New York becomes the fifth state...
NYC Halts $9.6M Incentive Package to Move Aetna to City
Jan 12 2018 // New York City is halting a $9.6 million incentive package offered to Aetna to move its headquarters to the city. The insurance giant announced in June that it would move its headquarters to New York City beginning in late...
New York Sues Fossil Fuel Majors, Plans Divestment from Pension Funds
Jan 11 2018 // New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their “contributions to global warming,” as it said it would divest fossil fuel...
Billionaire Rennert Files Malpractice Lawsuit Over $213M Judgment
Jan 10 2018 // Billionaire Ira Rennert has filed a $214 million malpractice lawsuit against his former law firm, after a jury found him liable for looting his magnesium company to build a huge mansion in New York’s Hamptons. Renco...
Uber Settles New York Drivers’ Class Action Over Fees for $3 Million
Jan 10 2018 // Uber Technologies Inc. agreed to pay up to $3 million to settle a proposed class-action lawsuit brought on behalf of 2,421 drivers in New York who accused the ride-sharing company of docking excessive fees from their...
New Jersey-Based Clermont Specialty Managers Rebrands as Berkley Luxury Group
Jan 9 2018 // Clermont Specialty Managers, a Berkley Company, is expanding its service offerings nationwide and rebranding as Berkley Luxury Group with two divisions, Berkley Luxury Real Estate Specialists and Berkley Fine Dining...
Officials: Water Pipe Break at New York’s JFK Airport Weather-Related
Jan 9 2018 // A water pipe break in one of the terminals at New York’s Kennedy Airport on Sunday added to the delays at the beleaguered airport trying to recover from the aftermath of a snowstorm that has stranded thousands of...
Blackstone Aims to Grow Insurance Asset Management to $100 Billion
Jan 9 2018 // Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it seeks to boost returns for firms struggling under low interest rates, the unit’s newly appointed chief said...
2018 Insurance Industry Meetings & Events Directory
Jan 8 2018 // CIWA Industry Days Jan 8-10 Hilton La Jolla Torrey Pines La Jolla, Calif. California Insurance Wholesalers Association (CIWA) Contact: Thomas Shovlin, thomas@ciwa.net The 19th Annual Windstorm Insurance Conference Jan...
Business Moves
Jan 8 2018 // Cook Maran & Associates, McDermott & Thomas Associates Cook Maran & Associates has acquired McDermott & Thomas Associates LLC (M&T). Cook Maran is a New York and New Jersey insurance broker, and the New...
New Law Requires Notice of Workers’ Comp Premium Hikes in New York
Jan 8 2018 // New York Governor Andrew M. Cuomo has signed Assembly Bill No. 1620 into law, requiring insurance companies to notify employers in advance of some workers’ compensation insurance premium increases. The law was...
N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates
Jan 8 2018 // The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers...
IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala
Jan 8 2018 // The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala...
Big Chill Returns to Menace Northeast as Snow Storm Subsides
Jan 5 2018 // The fast-moving snow storm that pummeled the U.S. Northeast, grounding flights, knocking out power to thousands and causing coastal flooding, gave way to a brutal cold on Friday with dozens of cities expected to break...
Willis Towers Watson Appoints Pennington as Large Account Leader
Jan 5 2018 // Insurance advisor and broker Willis Towers Watson has named Louise Pennington as large account leader for its Corporate Risk and Broking segment. In this newly created role, Pennington will be responsible for large account...
Ryan Specialty Group to Acquire New York’s Kerwick & Curran
Jan 4 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Kerwick & Curran Inc. (K&C), a wholesale insurance brokerage with offices in Tarrytown and Melville, N.Y. Terms of...
New York’s Times Square Will Get Permanent Protective Barriers
Jan 4 2018 // New York City’s mayor says new protective barriers will be permanently installed in Times Square and other locations around the city in an effort to block vehicles after deadly attacks last year on crowds. Mayor Bill...
Three Dozen Vehicles Involved in New York Chain-Reaction Pile-Up
Jan 4 2018 // A major New York highway has been reopened east of Buffalo after a deadly chain-reaction pile-up in heavy snow. WHEC says one driver was killed and another severely injured Tuesday afternoon when about three dozen...
