All the headlines from our New York Topic Page, ordered by recency.
Oct 8 2014 // A “crazily high” interest rate levied on American International Group Inc.’s $85 billion bailout loan may have been forced on the Federal Reserve Bank of New York by other regulators, according to...
Oct 8 2014 // Confie Seguros, a Huntington Beach, California-based national provider of personal lines insurance, has acquired AA Insurance Services and Parietti & McGuire Insurance in New York. AA Insurance Services, founded in...
Oct 8 2014 // The Health Care Bureau in the New York Attorney General’s Office reports investigating and resolving 13,000 consumer complaints and saving or returning $12.5 million to nearly 2,500 New Yorkers since 2011. The report...
Oct 8 2014 // Dow Jones & Co. on Tuesday won a $5 million judgment against the London-based service Ransquawk, which it accused of pirating its content by broadcasting news within seconds of publication to traders and other...
Oct 8 2014 // Billionaire Warren Buffett said he gave an appraisal of American International Group Inc. to Timothy Geithner, then the head of the Federal Reserve Bank of New York, just before it rescued AIG in 2008.Geithner asked...
Oct 8 2014 // New York City Mayor Bill de Blasio says he’s “very confident” the city’s hospital system could handle an Ebola outbreak.De Blasio touted the public health system in the nation’s biggest city,...
Oct 8 2014 // Timothy Geithner backed away from two of his more provocative assessments of the 2008 bailout of American International Group Inc., in a day of courtroom testimony marked by careful answers and a lack of recollection about...
Oct 7 2014 // Privately-held insurance broker Lockton appointed Peter Rapciewicz as vice president in its Risk Finance Practice in New York City.Rapciewicz comes to Lockton from AIG where he most recently served as vice president of the...
Oct 7 2014 // Authorities announced that a Brooklyn, New York-based doctor has been found guilty in a no-fault insurance fraud scheme following a two-week jury trial.According to a statement Monday from Preet Bharara, the U.S. Attorney...
Oct 7 2014 // A lawyer who represents about a dozen female celebrities whose private photos were posted online by hackers has threatened to sue Google Inc. for failing to take the photos off its websites, according to the New York...
Oct 7 2014 // New York City’s Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into U.S. real estate as they seek stable investments outside their...
Oct 6 2014 // The New York Insurance Association (NYIA) says the percentage of renters buying renters insurance has been falling nationally in recent years even as premiums become more affordable.According to a 2014 Insurance...
Oct 6 2014 // Hilton Worldwide Holdings Inc., the world’s largest publicly traded hotel operator, agreed to sell the landmark Waldorf Astoria hotel in Manhattan to China’s Anbang Insurance Group Co. for $1.95 billion.Hilton...
Oct 6 2014 // Specialty insurance provider Assurant Inc. in New York has named Alan Colberg as president, effective immediately, and as chief executive officer and director of the company’s board, effective Jan. 1, 2015.Colberg...
Oct 6 2014 // New York state agencies are required to consider the future likelihood of extreme weather in their decisions on public works projects, industrial and commercial permits and regulations, according to a new law signed on...
Oct 6 2014 // Berkshire Hathaway SpecialtyBerkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort. O’Neill joins BHSI with 30...
Oct 6 2014 // Insurance broker Hub International Southeast has named Tim Love as president, Employee Benefits, responsible for overseeing employee benefits product and service offerings for Carolina and Florida. Love will be based in...
Oct 5 2014 // Federal regulators cut a “loan sharky” interest rate on an $85 billion bailout loan to American International Group Inc. because it contributed to a debt service problem that threatened the insurer’s...
Oct 3 2014 // SterlingRisk, a national insurance brokerage based in Woodbury, New York, has hired Barry Wolf as executive vice president of the aviation division.Wolf will be responsible for developing the firm’s Aircraft...
Oct 2 2014 // The Federal Reserve Bank of New York poured billions of dollars into rescuing American International Group Inc. in September 2008 without drawing up documents that would cement the government’s control of the giant...