Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

Seaplane Crashes Into New York City Pier, Killing One and Injuring Two

Oct 7 2020 // A single-engine seaplane skipped twice on the water of Long Island Sound while landing and crashed on top of a concrete pier in Queens, killing a passenger and sending the pilot and another passenger to the hospital with...

Feds Fault Operator, Regulators in New York Limo Crash That Killed 20

Oct 6 2020 // State regulators repeatedly failed to properly oversee a poorly maintained stretch limousine with corroded brakes that hurtled down a hill at more than 100 mph and crashed in a ravine, killing 20 people, federal...

World Insurance Associates Acquires New York’s Paul Global Benefits

Oct 6 2020 // World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the transaction were not disclosed.PGB is an employee benefits consulting firm specializing...

Declarations

Oct 5 2020 // “I guess the only positive thing is next year there won’t be anything left to burn.”— Rep. Brad Last, R-Hurricane, commenting on Utah’s wildfire season, which has broken records for the number...

Distinguished Programs Hires Guerrero as Regional Sales Executive in New York

Oct 1 2020 // Distinguished Programs, a national insurance program manager, has hired Brando Guerrero as a regional sales executive in New York.In this role, Guerrero will oversee growth/broker partners in Manhattan, the Hudson Valley...

U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses

Sep 28 2020 // Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments...

New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index

Sep 25 2020 // New York again heads the rankings of the world’s leading global financial centres.The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute...

New York Drywall Installer Arrested for Failing to Provide Workers’ Comp Insurance

Sep 25 2020 // New York State Inspector General Letizia Tagliafierro has announced the arrest of a capital region area drywall installer who allegedly failed to provide legally required workers’ compensation insurance to his...

New York, California Could be Fastest Growing States for Renewables

Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report.The report depicts a “a credit positive for renewable energy developers” in the...

Reliance Global Group Acquires New York’s UIS Agency

Sep 24 2020 // Reliance Global Group Inc. has acquired the assets of UIS Agency LLC, a Thiells, N.Y.-based insurance agency serving the commercial transportation industry.Reliance Global Group CEO Ezra Beyman said in a company press...

Beazley Beefs Up Executive Risk Team in U.S. with 6 More Recruits

Sep 22 2020 // Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives.Elizabeth...

New York Calls on Insurers to Address Climate-Related Financial Risks

Sep 22 2020 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these...

Music Festivals Testing ‘Bubble’ Strategies to Bring Back Outdoor Events

Sep 22 2020 // A 200-strong coterie of mostly men gathered in the Poconos Mountains earlier this month to engage in what some regard as this pandemic era’s ultimate taboo: a bacchanalian party. The Utopia music festival took place...

California Burnin’ – a Warning Against One-Party Rule: Opinion

Sep 22 2020 // “California, folks, is America fast forward.” Thus said Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a...

Three Suffer Minor Injuries When New York City Subway Hits Debris and Derails

Sep 22 2020 // Three passengers suffered minor injuries Sunday when a New York City subway train derailed after hitting construction debris that had been thrown onto the tracks, authorities said.The derailment happened at about 8:15 a.m....

Business Moves

Sep 21 2020 // Carlyle, Alera GroupNew York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a...

First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak

Sep 21 2020 // The New York State Department of Financial Services (DFS) filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information.The charges are...

New York Charges Johnson & Johnson with Insurance Fraud Over Opioid Claims

Sep 18 2020 // New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients.Governor Andrew Cuomo said the...

Alliant Insurance Services Hires Parker as Senior Vice President in New York

Sep 17 2020 // Alliant is continuing to grow its team in New York, recently adding Brennen Parker as senior vice president.Parker, who is based in Albany, N.Y., will design and deploy insurance solutions to address industry-specific...

Alliant Insurance Services Hires Cyber Risk Specialist Loftus in New York

Sep 16 2020 // Alliant Insurance Services has named cyber risk and insurance specialist John Loftus to work alongside Robert Horn in running Alliant’s cyber initiatives.Loftus is based in New York and maintains a network of...