Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Flood Areas Getting Portable Dams, $1M in State Aid
Jun 15 2017 // Water-filled portable dams are being deployed and $1 million in state funding will go toward emergency repairs to wastewater treatment systems in two flood-damaged Lake Ontario communities, Gov. Andrew Cuomo said...
Anbang Says New York’s Waldorf Astoria Condo Conversion Proceeding Normally
Jun 15 2017 // The conversion of New York’s landmark Waldorf Astoria hotel into luxury condominiums is moving forward as planned and no delays are anticipated after the property’s owner, China’s Anbang Insurance Group...
Prime Insurance to Use $10M Capital Investment for New York, California Expansion
Jun 14 2017 // Prime Holdings Insurance Services, Inc., a Utah-based holding company for excess and surplus lines insurance services firms, said it received $10,000,000 from an undisclosed insurance enterprise in exchange for 2,000...
Hamptons Tainted Water Lawsuit Adds to Roster of 3M Complaints
Jun 14 2017 // A stone’s throw from the white sand beaches and posh mansions of one of America’s wealthiest ZIP codes sits a community that homeowners say has been poisoned by polluted drinking water. Fifteen people in a...
NAS Insurance Expands to New York City with Hiring of Hedberg
Jun 14 2017 // NAS Insurance, a full-service specialty insurance underwriting manager, has expanded to New York City with the addition of Peter Hedberg as the assistant vice president of its Tech and Cyber Underwriting...
NTSB to Investigate After Train Strikes, Kills Worker in New York City
Jun 12 2017 // Authorities say a Long Island Rail Road worker has been struck and killed by a train. The National Transportation Safety Board tweeted Saturday that it was sending a team to investigate the death. The worker was hit by a...
AmTrust Sells Shares in National General Holdings for $212 Million
Jun 9 2017 // AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately $211.7 million. AmTrust has agreed to sell 10,586,000 common shares of NGHC at a price of...
New York’s Berkley Alliance Managers Hires Andersen
Jun 9 2017 // Berkley Alliance Managers, an Albany, N.Y.-based Berkley Company, has named Anthony Andersen as senior vice president and professional liability claims manager. In this role, he will be responsible for providing managerial...
Hub International Limited Acquires New York’s Brady Insurance Planning
Jun 8 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Brady Insurance Planning (Brady). Terms of the acquisition were not disclosed. Based in East Norwich, N.Y., Brady is an employee...
New York’s Crystal & Company Names Cooke Director of Employee Benefits Unit
Jun 8 2017 // Crystal & Company, a New York-headquartered strategic risk and insurance advisor, has hired Mary Cooke as director for its Employee Benefits Services unit. In her new role, Cooke works out of the firm’s national...
Cuomo Takes Steps to Keep New York Insurers in Obamacare
Jun 7 2017 // New York Governor Andrew Cuomo announced steps on Monday to encourage insurers to keep selling health plans in the state’s Obamacare exchange, as the companies withdraw from other markets amid uncertainty surrounding...
New York Says Exxon’s Climate Change Proxy Costs May Be a `Sham’
Jun 6 2017 // New York’s top cop told a judge that an investigation into Exxon Mobil Corp.’s public statements about climate change uncovered “significant evidence” the oil giant may have misled investors. In a...
Declarations
Jun 5 2017 // No Place to Go “When your house comes apart like that, there’s no place to go. I thought this is it.” — Mark Tyson, a resident of the Prairie Lake Estate Mobile Park near Chetek, Wis., which was...
Autonomous Vehicle Testing to Begin in New York State
Jun 5 2017 // New York Governor Andrew M. Cuomo has announced that New York is now accepting applications from companies interested in testing or demonstrating autonomous vehicles on public roads. Included in the fiscal year 2018...
People – East
Jun 5 2017 // Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed Wayne T....
New York’s Lawley Taps Carbajal, DeStefano to Lead Life Science Insurance Practice
Jun 2 2017 // Lawley, an independent insurance broker headquartered in Buffalo, N.Y., has launched its life science insurance practice, led by life science veterans Jose Carbajal and William DeStefano. The team will be based out of...
Growing Number of Municipal Suits Over Opioids Face Uphill Battle
Jun 2 2017 // A growing number of U.S. states, counties and cities are filing lawsuits accusing drug companies of deceptively marketing opioid painkillers to downplay their addictiveness, but some lawyers say the industry’s highly...
The Excess Line Association of New York Hires TIAA’s Greene
Jun 1 2017 // The Excess Line Association of New York (ELANY) has added Howard W. Greene to ELANY’s senior management team as director of strategic initiatives. Greene, an industry veteran, comes to ELANY from TIAA, where he spent...
New York: $7M for Homeowners Hit by Lake Ontario Flooding
May 31 2017 // New York state is making $7 million available to help homeowners recover from flooding along the Lake Ontario and St. Lawrence River shorelines. Gov. Andrew Cuomo announced the funding Monday. Homeowners will be able to...
States Move to Ban Asking Job Applicants About Past Salary
May 26 2017 // An awkward job interview question — how much did you make at your last job? — is getting banned in some parts of the country. Massachusetts, New York City and Philadelphia have passed laws that bar employers from...
