All the headlines from our New York Topic Page, ordered by recency.
Sep 19 2013 // Federal regulators may miss important threats to the financial stability of U.S. insurers by focusing on bank risks, MetLife Inc. Chief Financial Officer John Hele said.“Bank rules overlook key insurance...
Sep 18 2013 // State insurance regulators are drawing on the country’s founding principles as they resist international pressure to give the federal government a greater role in overseeing the industry.Ben Nelson, chief executive...
Sep 16 2013 // Restaurant owners Colleen and Tim Holmes were considering opening a third business in a growing upstate New York suburb but decided against it. One factor was the risk from expanding their staff beyond 50 full-time...
Sep 13 2013 // Global Liberty Insurance Co. of New York, a specialty underwriter of limousine, executive car service, taxi and para-transit, will start accepting risks in Texas starting in October. The addition of the state represents...
Sep 12 2013 // New York State’s financial-services regulator is pressing insurers including American International Group Inc., Lincoln National Corp. and Principal Financial Group Inc. to boost reserves at units in the state, a...
Sep 12 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — continues to boost its team roster. This week it announced the appointment of Todd Greeley as...
Sep 12 2013 // New York State’s financial-services regulator said rules adopted by state watchdogs for some life insurance contracts failed to boost reserves to adequate levels in the industry.Of sixteen companies that are major...
Sep 11 2013 // PricewaterhouseCoopers US (PwC US) announced that Henry Essert joined PwC’s Actuarial and Insurance Management Solutions (AIMS) practice as a managing director in its New York office. In his new role, Essert will...
Sep 10 2013 // Twelve years after terrorists destroyed the old World Trade Center, the new one is becoming a reality, with a museum remembering the attacks and two office towers where thousands of people will work set to open within the...
Sep 10 2013 // Running a successful insurance agency business is tough enough by itself but some insurance pros are taking it one step further. They manage to juggle multiple careers in insurance and politics.Pennsylvania State Sen. John...
Sep 10 2013 // JPMorgan Chase & Co and a major insurer have agreed to a $300 million settlement to resolve accusations that they forced homeowners into over-priced property insurance and entered into kickback arrangements that...
Sep 9 2013 // Bank of America Corp. agreed to pay $39 million to settle a gender bias lawsuit by female brokers who claimed they were paid less than men and deprived of handling their fair share of lucrative accounts, court papers made...
Sep 9 2013 // Aon Risk Solutions, the global risk management business of Aon, recently announced the addition of Christopher Cote as senior vice president in the Charlotte, N.C., office. In his new role, Cote will be responsible for...
Sep 6 2013 // Federal authorities have extended the amount of time New Yorkers can stay in hotels or motels if they can’t return to their homes because of damage from Superstorm Sandy.The Federal Emergency Management Agency said...
Sep 5 2013 // A 25-year-old New Yorker earning $25,000 a year will pay as little as $62 a month for health insurance next year, and a peer living in Vermont may pay nothing, according to a 17-state survey of premiums under the U.S....
Sep 4 2013 // XL Group has added a crisis management team to provide corporate clients in the U.S. with product recall, war, terrorism and political violence, kidnap, ransom, and extortion insurance. Led by Denise Balan in New York, the...
Sep 3 2013 // Bermuda-based specialty insurer Ironshore Inc. appointed Aileen Marchese as senior vice president of the Northeast Region.Based in New York, Marchese will be responsible for the management, oversight and operational...
Sep 3 2013 // Outside New York’s Winter Garden Theatre, where “Mamma Mia” is nearing the end of a 13-year Broadway run, unwitting tourists board a bus bearing the name of a company U.S. regulators tried to close two...
Sep 1 2013 // Years before skyscrapers, when New York City’s tallest building was still the 281-foot spire of Wall Street’s historic Trinity Church, state lawmakers passed the Scaffold Law, which made property owners and...
Aug 29 2013 // New York’s highest court agreed to decide whether towns and cities have the power to pass anti-fracking laws.The Court of Appeals in Albany today said it will hear arguments in lawsuits seeking to block drilling bans...