Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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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...
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...
