Latest New York Headlines

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

‘Suspicious’ Apartment Fire in New York Displaces More Than 20 Residents

Apr 23 2021 // Fires at an apartment complex displaced more than 20 people on Sunday night, with authorities saying the blaze was suspicious and appeared to have been started in the recycling bins left on back porches.This is the second...

New York Contractor to Pay $135K in Penalties After Trench Collapse

Apr 22 2021 // A Long Island, New York, superstructure, foundation and concrete company will pay $135,612 in penalties stemming from the collapse of an approximately 30-foot deep trench in Oyster Bay that led to the deaths of two...

New York Petroleum Carrier Pays $375K for Seaman’s Protection Act Violation

Apr 21 2021 // A Long Island, New York-based petroleum barge company and three former and current management officials have paid $375,000 in restitution to the brother of one of two seamen killed in a barge explosion off the coast of...

No Charges in New York Fatal Crash Involving Sleeping Deputy

Apr 19 2021 // A sheriff’s deputy who fell asleep at the wheel of a patrol vehicle near the Vermont border and slammed into another car head-on, killing the other driver, will not face criminal charges, New York’s attorney...

New York City Begins $1.5B Project to Protect Manhattan from Floods

Apr 16 2021 // New York City has embarked on a $1.45 billion resiliency project in lower Manhattan along the East River, an area devastated by flooding in 2012 during Hurricane Sandy, Mayor Bill de Blasio said. The city’s East Side...

The Hilb Group Acquires Select Book of Business in New Jersey, New York

Apr 15 2021 // The Hilb Group LLC (THG) has acquired a select book of business of quick-serve restaurant clients with more than 100 locations in New Jersey and New York. These clients will participate in THG’s Alternative Solutions...

New York is Latest State to Legalize Recreational Marijuana

Apr 8 2021 // New York adults over the age of 21 can now possess and use marijuana – even in public – under a legalization bill signed by Governor Andrew Cuomo, though legal sales of recreational-use cannabis won’t...

New York CFO Pleads Guilty to Laundering Scheme Involving Diamonds

Apr 7 2021 // A New York company’s chief financial officer acknowledged stealing nearly $776,000 to invest it partly in African diamonds, according to federal prosecutors.Michael Bartusek pleaded guilty to wire fraud, money...

Insurers Beware: Potential Impacts of New York’s Cyber Insurance Risk Framework

Apr 6 2021 // New York remains extremely active in the cybersecurity and data protection arena.During its current legislative session, New York is considering a proposed privacy bill that would greatly enhance consumer privacy rights,...

NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S.

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...

New York City Loses Appeal Seeking to Hold Oil Firms Liable for Global Warming Effects

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.,...

Police Say New York Construction Worker Killed in Trench Collapse

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...

Allstate’s Sale of New York Unit to Wilton Re to Complete Exit from Life, Annuity Business

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...

Former New York Postal Worker Sentenced for Workers’ Comp Fraud

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...

New York Proposes Guidance for Insurers on Financial Risks of Climate Change

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...

New York Regulator Issues Second Enforcement Action Under Cyber Rules

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...

Insurance Technology: InsurTech NY Winners; $3M in GloveBox; Hippo’s Claims Partners; AXIS-Elpha Cyber Service

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...

Firefighter Trainee Dies After Being Stricken in Upstate New York

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...

New York Regulator to Collect, Publish Insurer Diversity Data to Promote Transparency

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...

New York Suit Against EPA Over GE’s Hudson River Cleanup Dismissed

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...