Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
New York Cyber Regs Take Effect, Mid-Sized Firms Could See Biggest Impact
Mar 20 2017 // As the insurance industry has closely followed developments regarding The New York State Department of Financial Services’ (DFS) cybersecurity regulation, concerns remain in terms of how the final regulation, set to...
KKR and CDPQ Announce Joint Acquisition of New York-Headquartered USI
Mar 17 2017 // KKR, a global investment firm, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, have announced their joint acquisition of USI Insurance Services (USI), a U.S. insurance brokerage...
Plunging Temperatures in Northeast Lead to Icy Conditions Following Storm
Mar 16 2017 // Concerns about falling temperatures and icy conditions on roads and sidewalks across the Northeast followed a late-season storm that plastered the region with sleet and snow. Tuesday’s powerful nor’easter...
China’s Anbang Insurance Group Denies Report of Kushner Property Investment
Mar 15 2017 // China’s Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump’s son-in-law and senior adviser. Anbang Insurance...
U.S. Blizzard Grounds Flights, Raises Power as Trump Tweets
Mar 14 2017 // A late-winter storm is about to bury the eastern U.S. in snow. Airlines have canceled thousands of flights, wholesale power prices surged and natural gas futures rallied as the storm prepared to spin up the Atlantic Coast,...
New York City Landmarks Art Deco Interiors of Waldorf Astoria
Mar 9 2017 // New York City on Tuesday landmarked some lavish public interiors at the Waldorf Astoria to save them as the hotel’s Chinese owners start a renovation that will produce hundreds of private condominiums. Nine members...
York Acquires Stock of New York’s Northeast Association Management
Mar 9 2017 // York Risk Services Group (York), a Parsippany, N.J.-based provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, has acquired...
Brightway Insurance Set to Open First New York Location
Mar 9 2017 // Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, is expanding across the U.S. with its first location in New York...
Judge Dismisses Shareholder Lawsuit Against Chipotle
Mar 9 2017 // Chipotle Mexican Grill Inc. on Wednesday won the dismissal of a lawsuit claiming it defrauded shareholders about its ability to protect customers from at least seven norovirus, E.coli and salmonella outbreaks that erupted...
Victims, Roman Catholic Church Spar Over New York Sex Abuse Bill
Mar 8 2017 // New York legislation to relax one of the nation’s most restrictive statutes of limitations on child molestation victims continues to stall under pressure from the Roman Catholic Church and other opponents. The bill...
Senator Schumer Wants NTSB to Look into Small Plane Crashes in New York
Mar 7 2017 // Sen. Chuck Schumer wants the National Transportation Safety Board to conduct an in-depth investigation of small plane crashes, following two incidents last month and at least 18 crashes in New York last year. Schumer on...
ProSpecialist Insurance Services, LLC Announces New Appointment for an Admitted Lawyers Professional Liability Product in New York
Mar 7 2017 // Newtown, PA, March 7, 2017– ProLawyer Insurance, LLC dba ProSpecialist Insurance Services, LLC is pleased to announce their appointment with an A.M. Best “A” (Excellent) rated carrier for Lawyers Professional...
New York’s Cybersecurity Rules: What Insurance Professionals Should Know
Mar 6 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1. The cyber rules, codified at 23 NYCRR §500, require...
Report Finds New York Construction Fatalities, Regulatory Violations Rising
Mar 6 2017 // The New York Committee for Occupational Safety and Health (NYCOSH) found in its latest construction fatality report that construction worker deaths are rising in New York, and many construction employers across the state...
People
Mar 6 2017 // Henderson Brothers Inc., a Pittsburgh, Pa.-based independent broker, has hired Jeremy Taggart as a financial analyst in the employee benefits department. In his new role, Taggart will use his three years of industry...
Declarations
Mar 6 2017 // Cybersecurity Safeguards “These strong, first-in-the-nation protections will help ensure this industry has the necessary safeguards in place in order to protect themselves and the New Yorkers they serve from the...
PwC’s Oscars Screw-Up Could Risk Defense at MF Global Malpractice Trial
Mar 3 2017 // PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone. Until a PwC accountant handed...
Whistleblower Loses Out on $864M Moody’s Ratings Settlement
Mar 3 2017 // A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims...
Freeborn & Peters Combines with NYC Firm to Establish First New York Office
Mar 2 2017 // Freeborn & Peters LLP has combined with the New York City firm Hargraves, McConnell & Costigan P.C., effective March 1. The development, which establishes Freeborn’s first office in New York, represents a...
