As frustration has built in flood-ravaged upstate New York towns nearly two months after back-to-back tropical storms, Lt. Gov. Robert Duffy is visiting the sites to assess progress. Despite state and federal officials’ assurances of a quick recovery in the …
Lockton Companies, a Kansas City, Mo.-headquartered insurance broker, hired Derek Lakin as senior vice president in New York City. In his new role, Lakin will help expand the firm’s financial services insurance and risk management practices. Lakin will be responsible …
New York’s highest court has ruled that a motorist from Syracuse who struck and killed a pedestrian while being distracted by sun glare cannot invoke “emergency doctrine.” An attentive driver would have anticipated occasional sun glares considering the time of …
Independent reinsurance broker Holborn Corp. appointed Wesley Zeliff as vice president and Shinji Ueda as assistant vice president. Both new executives will be based in the firm’s New York headquarters. Zeliff comes from U.S. RE Corporation, where he served as …
R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group, appointed industry veteran Mark Smith as president and managing director for the firm’s New York operation. Smith is a well-known industry executive in the wholesale segment. He brings to R-T …
New York State’s Suffolk County suffered the highest insured property loss among the 191 counties affected by Hurricane Irene, according to the latest estimate. New Jersey, New York and North Carolina were the top three states with sustained insured property …
In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The answer is all over the map, according to Finley Harckham, a veteran insurance attorney at the New York law firm …
A magistrate judge in New York has recommended that al-Qaida be assessed $9.3 billion for the damage done to properties and businesses in the Sept. 11 attacks. Federal Magistrate Judge Frank Maas in a ruling Friday, Oct. 14, sent the …
Rye Brook, N.Y.-based specialty insurer The Navigators Group said its chief financial officer Francis McDonnell will be retiring at the end of the month. The company said senior vice president of finance Ciro DeFalco will fill the CFO position on …
Bermuda-headquartered XL Group said its insurance unit hired Michele Sansone as senior vice president and eastern regional executive, based in New York City. She will be responsible for managing XL’s property underwriting activities throughout the eastern United States. In her …
