Latest New York Headlines

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

Prime Risk Partners Acquires New York’s Gunn, Steers & Company

Oct 27 2017 // Prime Risk Partners Inc. (PRP) has acquired Gunn, Steers & Company (Gunn Steers), a Manhattan-based insurance broker with a specialized practice for financial institutions and asset management companies. Gunn Steers...

U.S. Cities Ranked Most Vulnerable to Coastal Floods Due to Climate Change

Oct 26 2017 // This week is the anniversary of Superstorm Sandy, which developed in late October and moved over the East Coast starting on Oct. 29, 2012, causing more than $70 billion in damage and killing 280 people. To mark that...

Widow of Worker Killed by Street Sweeper in New York Awarded $41.5M

Oct 26 2017 // The widow of a New York City Department of Sanitation worker killed by an out-of-control street sweeper won a $41.5 million negligence lawsuit. The New York Post reports that a Queens jury granted the sum to Bina Frosch on...

New York’s Frenkel & Company Joins Forces with EPIC

Oct 26 2017 // Frenkel & Company, a New York, N.Y.-headquartered, full-service independent insurance broker, and EPIC Insurance Brokers & Consultants, a national retail insurance brokerage and employee benefits consulting firm,...

New York’s Michael Adam Insurance Agency Joins SAN Group Inc.

Oct 19 2017 // Satellite Agency Network Group Inc. (SAN) announced that Michael Adam Insurance Agency of Dansville, N.Y., has joined the alliance. By joining SAN Group, Michael Adam Insurance Agency will have access to additional markets...

New York Marine & General Insured Las Vegas Festival Targeted by Shooter

Oct 18 2017 // A Live National Entertainment Inc. Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. history was insured by New York Marine & General Insurance Co., according to a...

New York Finalizes Regulations to Crack Down on Title Insurance Industry

Oct 18 2017 // The New York Department of Financial Services (DFS) has finalized two new regulations to protect New Yorkers and crack down on unscrupulous practices in the title insurance industry. These regulations, which are the...

Specter of Corporate Exodus Leaves Connecticut Budget in Crisis

Oct 17 2017 // Thirty years ago, so many companies flocked to Connecticut that Stamford, a waterfront enclave of about 100,000 residents, became the third-largest center of corporate headquarters in the U.S., behind only New York City...

Universal Insurance Holdings Expands to New York with Launch of Universal Direct

Oct 17 2017 // Universal Insurance Holdings Inc. has announced that its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has written its first homeowners policy in New York. The company also announced...

Freeborn & Peters Hires Keely to New York Office

Oct 16 2017 // Freeborn & Peters LLP has hired Sean Thomas Keely to the firm’s New York office as a partner in the Litigation Practice Group and a member of the Insurance and Reinsurance Industry Team. The addition of Keely...

Trump Defends Killing Off Obamacare Subsidies; 18 States Sue in Uphill Battle

Oct 15 2017 // Eighteen U.S. states sued President Donald Trump’s administration on Friday to stop him from scrapping a key component of Obamacare, subsidies to insurers that help millions of low-income people pay medical expenses,...

DFS Finalizes Regulation to Strengthen New York No-Fault Insurance Law

Oct 13 2017 // A new regulation issued by the New York State Department of Financial Services (DFS) aims to curb costs and abuses of New York’s no-fault insurance law while leveling the playing field for New York insurers,...

Man Sues Chicago Clubs, MLB; Says Foul Ball Blinded Him in 1 Eye

Oct 10 2017 // A man who was left blind in one eye — at least temporarily — and may ultimately lose the eye after a foul ball struck him in the face at Wrigley Field this summer has filed a lawsuit against the Chicago Cubs and Major...

What Insurance Companies Need to Know About Part 500 Cybersecurity Compliance

Oct 10 2017 // If there were any remaining doubts about the vulnerability of our online systems, they were dispelled in September when giant credit reporting company Equifax revealed it was breached in July by cyber criminals,...

IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group

Oct 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, December 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the...

Drone’s Collision With Army Helicopter Over New York Probed

Oct 6 2017 // Federal investigators have opened their first probe of a mid-air collision between a civilian drone and a traditional aircraft. An Army UH-60 helicopter was flying east of Staten Island on Sept. 21 when it collided with a...

Injured New York Yankee Fan Takes a Swing at Century-Old Baseball Rule

Oct 6 2017 // Baseball is timeless. Is the Baseball Rule? The century-old legal doctrine blocks fans from suing a ball club if they get hurt by a foul ball or a shattered bat. The reason: Fans accept the risk of injury at a ballgame...

The Doctors Company Now Offers Coverage to New York Healthcare Providers

Oct 5 2017 // The Doctors Company, a physician-owned medical malpractice insurer, is now offering coverage on an admitted basis to New York healthcare providers. The New York Department of Financial Services’ recent approval of...

States May Copy California’s Law to Give Employees Right to File Class Actions

Oct 3 2017 // This week, the U.S. Supreme Court is considering whether employees have the right to bring class actions against their bosses. With the court’s Republican majority restored this year by President Donald Trump, labor...

Las Vegas Mass Shooting Raises Concerns Over Safety at Live Events

Oct 2 2017 // The shooting attack at a Las Vegas concert on Sunday night that killed at least 58 people is the latest in a series of massacres reshaping the live-events industry. The attack by a solo gunman at an outdoor country-music...