All the headlines from our New York Topic Page, ordered by recency.
Jul 8 2015 // The New York State Assembly recently approved a bill (A04458) that would require insurers to expedite claims investigation and settlement processes after declared disasters and emergencies.Under the legislation, which...
Jul 8 2015 // The New York Stock Exchange shut down its main market because of a computer malfunction, forcing traders to steer orders elsewhere in the biggest disruption to an American equity venue in almost two years.The suspension,...
Jul 8 2015 // The New York City Fire Department (FDNY) announced that the month of June 2015 marked the first month on record in FDNY’s 150-year history without any reported fire-related fatalities in New York City.“This...
Jul 7 2015 // Shelly DiBenedetto Preferred Mutual Insurance Company in New Berlin, New York, hired Shelly DiBenedetto as claims counsel. In her new role, she will be responsible for providing legal advice and guidance to assist the...
Jul 6 2015 // New York lawmakers have passed a bill that would require new smoke detectors contain 10-year non-removable batteries.The bill, which would take effect in 2017, would make it illegal to sell smoke detectors with replaceable...
Jul 6 2015 // More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to a recently released report.The...
Jul 6 2015 // More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to an annual report released by...
Jul 6 2015 // Taxi operators are required to have commercial insurance that protects passengers and third parties (i.e., pedestrians and other drivers) in the event of an accident. – National Association of Insurance Commissioners New...
Jul 2 2015 // Specialty insurance brokerage Alliant Insurance Services announced today it has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and...
Jul 1 2015 // New York formalized its ban on high-volume hydraulic fracturing for natural gas on Monday, concluding a seven-year environmental and health review that drew a record number of public comments.“After years of...
Jun 30 2015 // A federal jury on Monday ordered the chief executive officer of a Manhattan investment firm to pay $18 million in damages to a former employee for sexual harassment and defamation.Benjamin Wey, who heads up New York Global...
Jun 26 2015 // Michael Kontonotas Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas...
Jun 26 2015 // New York, NY, June 26 2015–The Hilb Group, LLC has announced that leading private equity firm ABRY Partners, headquartered in Boston, Mass., has completed a significant investment in the insurance group. Sica | Fetcher...
Jun 25 2015 // New York City has agreed to pay $6.25 million to a man who spent nearly 25 years in prison before being exonerated in a killing that happened while he was more than 1,000 miles away vacationing at Disney World, the city...
Jun 24 2015 // Fidelis Group Holdings LLC (FGH), with its subsidiary company Continental Underwriters Ltd. (CUL), a national marine insurance coverage and service provider, announced the recent opening of its new flagship office located...
Jun 24 2015 // New York City’s taxi regulatory agency on Monday approved new rules governing how Uber and other app-based car services operate within the five boroughs.Part of the proposal unanimously passed allows the companies to...
Jun 23 2015 // Willis North America, a unit of Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, appointed Paul Collins as growth leader for Willis’s Metro region, where...
Jun 22 2015 // Jerry Gonzalez Hub International Northeast, a division of Hub International Limited, hired Jerry Gonzalez as new business producer. He is based in Hub’s New York City office. In this role, Gonzalez will be...
Jun 22 2015 // New York lawmakers on June 19 approved tougher regulation of nail salons, intended to help protect some 40,000 workers — many of them female immigrants — from getting shorted on pay and otherwise mistreated.The...
Jun 22 2015 // The New York State Insurance Fund (NYSIF) issued an update on June 19 noting that Gov. Andrew Cuomo recently announced the elimination of a number of Workers’ Compensation Board (WCB) fees as a part of the 2015-16...