Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New Law Requires Notice of Workers’ Comp Premium Hikes in New York
Dec 20 2017 // New York Governor Andrew M. Cuomo signed Assembly Bill No. 1620 into law yesterday, 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
Dec 19 2017 // 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...
Prime Authorized to Write Surplus Lines in New York State
Dec 19 2017 // Salt Lake City, UT, Chicago, IL, December 19, 2017- Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), recently received...
Prime Authorized to Write Specialty Lines in New York State
Dec 18 2017 // Prime Holdings Insurance Services Inc. (Prime Holdings) announced that its subsidiary, Prime Insurance Company (Prime), has received approval to write specialty lines insurance coverage in New York state. Prime provides...
N.Y. Supreme Court Says Coverage Applies in World Trade Center Asbestos Injury Suit
Dec 18 2017 // The Supreme Court of the State of New York has ruled that American Home Assurance Co. must defend contractors and the Port Authority of New York and New Jersey against asbestos claims from construction workers who became...
Deadly Northern New York Crashes Spur Bill Requiring Truck Side Guards
Dec 15 2017 // A bipartisan bill introduced by two U.S. senators would change truck safety standards to prevent crashes like the one that killed four people in northern New York this summer. The law introduced by Democrat Kirsten...
New York-Based Marsh & McLennan Appoints Mills as VP and Controller
Dec 15 2017 // Marsh & McLennan Companies Inc., a New York, N.Y.-headquartered, global professional services firm, has appointed Stacy Mills as vice president and controller, effective January 1, 2018. In this role, Mills will serve...
Drone Easily Pierced New York ‘No-Fly’ Zone, Exposing Risk
Dec 15 2017 // A recreational drone operator whose device smashed into a U.S. Army helicopter in September flew undetected into a no-fly zone over New York set up to protect President Donald Trump and the United Nations. The National...
New York’s Greene & Associates Hires Del Priore as Sales Manager
Dec 14 2017 // Greene & Associates, an East Aurora, N.Y.-based underwriting manager and wholesale broker, has hired Theresa Del Priore as a sales manager. Del Priore comes to Greene with more than 30 years of experience in the...
Judge Nixes Bid to Halt Federal Charters for Fintech Firms as Premature
Dec 14 2017 // A Manhattan federal judge on Tuesday dismissed a lawsuit brought by New York’s banking regulator against the U.S. Comptroller of the Currency (OCC) over its proposal to offer charters that would let online lenders...
Ten Appointed to Newly Formed New York State Insurance Advisory Board
Dec 13 2017 // Financial Services Superintendent Maria T. Vullo has announced the 10 appointees who will serve on the newly formed Department of Financial Services (DFS) State Insurance Advisory Board. Governor Andrew M. Cuomo signed...
Schumer Seeks Help for N.Y. Craft Beer Industry with Crop Insurance Program
Dec 12 2017 // U.S. Sen. Charles Schumer wrapped up another tour of New York’s 62 counties Friday with a call for greater federal help for the state’s craft beer industry. During a stop at a brewery in the Columbia County...
Digital Insurer Lemonade Says No License Needed by Adopters of Its API Sales Platform
Dec 11 2017 // Digital insurer Lemonade says companies that integrate its insurance sales platform, or API, into their own apps and web sites “generally speaking do not have to be licensed as insurance agents or brokers.” At...
New York’s Distinguished Acquires American Hole ‘n One
Dec 8 2017 // Distinguished LLC, a New York, N.Y.-based group of entrepreneurial businesses serving the insurance industry, has acquired American Hole ‘n One (AHNO), a global hole-in-one and event promotions company. In tandem...
N.Y. Supreme Court Says Coverage Applies in World Trade Center Asbestos Injury Suit
Dec 7 2017 // The Supreme Court of the State of New York has ruled that American Home Assurance Company must defend contractors and the Port Authority of New York and New Jersey against asbestos claims from construction workers who...
New York’s The Iroquois Group Announces Regional Realignment
Dec 7 2017 // The Iroquois Group, an Allegany, N.Y.-based service provider for independent property and casualty insurance agencies, has announced changes to its regional structure to better align Iroquois regions with those of their...
Senator Wants Tougher Rules for Double-Decker Tour Buses in New York City
Dec 6 2017 // A lawmaker is raising concerns about double-decker sightseeing buses in New York City, saying Monday that tougher regulations are needed to protect tourists, pedestrians and motorists on the busy streets of the...
Former Chubb Chairman, CEO O’Hare Passes Away at 75
Dec 5 2017 // Chubb Limited announced today the passing of Dean R. O’Hare, former chairman and chief executive officer of The Chubb Corp. who served the company for almost 40 years before retiring in 2002. He was 75. O’Hare...
MAPFRE USA to Exit 5, Focus on 11 States; Sell New York and Life Units in Reorganization
Dec 5 2017 // Insurer MAPFRE USA, which now writes in 19 states, is narrowing its focus by concentrating on 11 key states, exiting five states including selling its New York subsidiary, and selling its life insurance unit. MAPFRE USA...
House Republicans Advance Bill Making It Easier to Carry Guns Across State Lines
Dec 1 2017 // The National Rifle Association has called the concealed carry bill, which would make it easier for gun owners to keep their firearms hidden when crossing state lines, its “highest legislative priority in...
