All the headlines from our New York Topic Page, ordered by recency.
Jan 2 2013 // Under fire from fellow Republicans from Sandy-stricken New York and New Jersey, House Speaker John Boehner, R-Ohio, today agreed to hold two separate votes on storm relief including one vote on Friday to make about $9...
Jan 1 2013 // The U.S. House of Representatives is expected to split a $60.4 billion Superstorm Sandy disaster aid bill into two parts, staging votes on $27 billion to fund immediate recovery needs and $33 billion for long-term and...
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order:Top Investor...
Dec 28 2012 // An initiative that sends workers into storm-damaged Staten Island homes in New York to make electrical repairs for free is being suspended because officials say it’s getting expensive.Sandy survivors in Staten Island...
Dec 28 2012 // Authorities said a New York-based insurance agency owner has been charged with allegedly issuing fraudulent certificates of insurance.The New York State Police announced on Dec. 22 that Walter Davis, the owner of W. Davis...
Dec 27 2012 // In a decision that could make it easier for businesses to police cybertheft in the workplace, a U.S. appeals court revived a chemical company’s lawsuit accusing a former Toronto-area employee of using her home...
Dec 26 2012 // The Navigators Group Inc. announced on Dec. 21 that its preliminary estimate of losses relating to Superstorm Sandy ranges between $18 million and $25 million, net of reinsurance and the effects of reinstatement premiums....
Dec 21 2012 // Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy.Often, large-scale devastation and destruction are followed by lawsuits against individuals and...
Dec 20 2012 // XL Group plc’s North American marine business is expanding its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as...
Dec 20 2012 // Architects, engineers, real estate experts and lawmakers are gathering to discuss how to make New York City buildings better able to withstand storms and global warming.The city’s Building Resiliency Task Force met...
Dec 20 2012 // U.S. Senate Republicans sought to slash a $60.4 billion aid bill to cover reconstruction after Superstorm Sandy, proposing on Wednesday to fund only $23.8 billion in immediate disaster relief while assessing longer-term...
Dec 19 2012 // Editor’s Note: This is the fourth in a series of articles to look at California’s workers’ compensation reform law, which takes effect Jan. 1, 2013.Insurance carriers, along with the many stakeholders who...
Dec 19 2012 // New York State Governor Andrew Cuomo this week has vetoed a bill concerning the Supplemental Uninsured/Underinsured Motorists (“SUM”) coverage.Gov. Cuomo struck down the bill, S.7787/ A.10784, this Monday, Dec....
Dec 17 2012 // Holborn Corp., an independent reinsurance brokerage based in New York, announced that Simon Hudson has joined the firm as senior vice president. He will be based in the firm’s New York City office. Previously, Hudson...
Dec 17 2012 // As winter approaches, construction crews in New York are in a race against the clock to make thousands of houses damaged by Superstorm Sandy habitable again, and the slow pace of progress has led some people to urge...
Dec 17 2012 // It took one day for Superstorm Sandy to destroy my house. So far, it’s taken more than a month for insurance to help me get back in. The last time I slept in my own home was October 27, two days before Superstorm...
Dec 14 2012 // A major push is on to move New York City’s electrical infrastructure to higher ground or upper floors after Superstorm Sandy sent seawater pouring into low-lying substations and skyscraper basements and plunged half...
Dec 13 2012 // The Insurance Industry Charitable Foundation (IICF) Northeast division made its largest-ever distribution of charitable grants at its sixth annual benefit dinner on Wednesday, Dec. 12. The total amount of awarded grants is...
Dec 13 2012 // New York Gov. Andrew Cuomo announced Wednesday that major banks and mortgage servicers will take action to expedite insurance payments to New York homeowners in the wake of Superstorm Sandy.Currently, insurance claim...
Dec 13 2012 // Insured building values in the U.S. now exceed $40 trillion — including residential, commercial and industrial structures, according to a new report from catastrophe modeling firm Karen Clark & Co.When contents...