All the headlines from our New York Topic Page, ordered by recency.
May 17 2013 // The family of a National Hockey League player who died of an accidental overdose of pain medication and alcohol has filed a wrongful death lawsuit in Illinois against the NHL, blaming it for brain damage he suffered as an...
May 16 2013 // New York’s top financial and insurance regulator on Wednesday ordered the peer-to-peer car-sharing service firm RelayRides to cease and desist what the regulators called the company’s “repeated false...
May 15 2013 // Hudson Insurance Group, the U.S. Insurance Division of Odyssey Re Holdings Corp. has received approval from the Excess Line Association of New York to write excess line business in the State of New York through Hudson...
May 14 2013 // New York authorities indicted eight defendants last week with mail fraud and conspiracy to commit mail fraud in connection with a scheme to defraud multiple insurance companies.According to the indictment, these defendants...
May 13 2013 // In an opinion piece published in today’s Wall Street Journal, two former New York governors are urging the New York Attorney General to stop the pursuit of Maurice “Hank” Greenberg in a case tied to...
May 10 2013 // The New York State Senate approved three bills that aim to cut down on auto insurance scams by increasing penalties for those who commit or assist in the fraud and by giving more flexibility to insurance companies to...
May 10 2013 // Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case – against Bank of America over its acquisition of...
May 10 2013 // In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S....
May 8 2013 // A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp. over its sale of toxic mortgages to Fannie Mae and Freddie Mac, boosting a largely untested legal...
May 8 2013 // Months after New York Gov. Andrew Cuomo’s administration promised a decision “within weeks” on whether to allow hydraulic fracturing for natural gas, it now says there’s “no timetable for a...
May 8 2013 // XL Group added two new members to its Political Risk and Trade Credit (PRTC) business.XL appointed Mena Cammett as senior risk analyst and Dane Mahoney as risk analyst. Both are based in New York and report to Rafael...
May 7 2013 // American International Group Inc. may pursue a lawsuit accusing Bank of America Corp.’s Countrywide unit of causing billions of dollars of losses by fraudulently inducing it to buy risky residential mortgage-backed...
May 7 2013 // New York conservation officials say continuing dry weather has raised the danger of wildfires, advising rural and suburban residents that all residential brush burning is prohibited during the usually high fire risk period...
May 7 2013 // Bank of America Corp. has agreed to pay $1.6 billion in cash to MBIA Inc. and will receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation, the companies said on Monday.Bank of...
May 6 2013 // Rebecca Hoskins poked through the debris in her flood-wrecked house: a TV here, a light fixture there. Someone had been in and taken down the curtains. She blinked back a tear. It was a crisp early spring day and her first...
May 6 2013 // Joseph Szczesny’s modest Staten Island home in New York was inundated when Superstorm Sandy slammed into the U.S. East Coast in October.Now six months later, the 63-year-old bridge repairman and his fiance are all...
May 6 2013 // The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp.’s proposed $8.5 billion settlement with investors in Countrywide mortgage-backed...
May 6 2013 // New York officials announced on April 18 that a New York State Department of Financial Services (DFS) investigation produced a settlement with a major “force-placed” insurer QBE.The settlement with QBE, the...
May 6 2013 // Insurance regulators in New Jersey and New York — the two states hardest-hit by Superstorm Sandy — reported that as of April 19, insurers have settled 93 percent of the claims they received in the wake of Sandy,...
May 3 2013 // Twenty-five gas stations have settled price-gouging claims made against them immediately after Superstorm Sandy hit New York, state Attorney General Eric Schneiderman announced Thursday.The stations settled for a total of...