All the headlines from our New York Topic Page, ordered by recency.
Apr 5 2021 // The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step for both insurers and insureds because it calls on insurers to consider more explicitly how...
Apr 1 2021 // A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming.Ruling in favor of BP Plc, Chevron Corp.,...
Mar 30 2021 // A construction worker was killed when a trench collapsed on him while he was working in a residential development in the Hudson Valley community of Woodbury, New York, police said. The 43-year-old worker was digging in a...
Mar 29 2021 // The Allstate Corp. said it has agreed to sell its New York life insurance and annuity operation to Wilton Re for $220 million.The selling of Allstate Life Insurance Company of New York (ALNY), along with the previously...
Mar 26 2021 // A former postal employee has been sentenced to serve three years on probation for workers’ compensation fraud.Christine O’Neill, 61, of Johnson City, New York, was sentenced by Senior United States District...
Mar 25 2021 // The New York State Department of Financial Services (DFS) has issued proposed guidance for regulated insurers on managing the financial risks of climate change.The proposed guidance comes after a circular letter was issued...
Mar 23 2021 // The New York Department of Financial Services’ (DFS) second enforcement action to date under its cybersecurity regulation underscores the importance of promptly investigating potential cybersecurity events. It also...
Mar 22 2021 // The Winners AreInsurTech NY announced the winners of its 2021 Early-Stage InsurTech Competition at the InsurTech Spring Conference on March 10. The winners received prizes worth $200K in total.Winners were selected by...
Mar 17 2021 // A 21-year-old man who suffered a medical emergency during firefighter training in upstate New York died nine days after being stricken.Peyton Morse died at Guthrie Hospital in Sayre, Penn., according to fire officials. He...
Mar 16 2021 // The New York State Department of Financial Services (DFS) is calling on its regulated insurers to prioritize diversity of leadership and says it will begin collecting and publishing diversity data from insurers this year...
Mar 16 2021 // A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019 decision that General Electric had completed a Hudson River dredging remediation...
Mar 12 2021 // The New York Department of Financial Services’ (DFS) Cybersecurity Division issued a March 9 letter to regulated entities regarding the recent Microsoft Exchange breach in which thousands of organizations were...
Mar 9 2021 // The mother of a high school football player who died in New York after a 400-pound log fell on him during a military-style training drill has settled her lawsuit over the teen’s death for a seven-figure sum,...
Mar 8 2021 // The New York State Department of Financial Services (DFS) has issued new guidance for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance the regulator has issued on...
Feb 26 2021 // One80 Intermediaries has acquired Edward E. Hall and Company (EE Hall). Terms of the deal were not disclosed.One80 is a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based...
Feb 24 2021 // The New York State Department of Financial Services (DFS) has appointed members to serve a three-year term on the New York State Insurance Advisory Board. Members of the board include representatives of the insurance...
Feb 24 2021 // Allianz Global Corporate & Specialty (AGCS) has named Katie Fioretti as regional head of portfolio steering for financial lines in North America, effective immediately.She assumes the role from Alessandro Carriglio,...
Feb 23 2021 // Authorities said nine people were injured, two seriously, after an explosion Thursday at a three-story New York City residence that blew out windows and sent a door flying into power lines.The report of an explosion on...
Feb 23 2021 // Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc.Founded in...
Feb 17 2021 // The Supreme Court of the state of New York, Nassau County, has dismissed a movie theater’s claims that its insurer is responsible for covering its COVID-19 related losses and that its insurance brokers were negligent...