Latest New York Headlines

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

Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition

Jan 22 2021 // The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021.Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent...

N.Y. Court Takes Contrary Position on Insurers’ Right to Recoup Defense Costs

Jan 21 2021 // It has long been understood that under New York law, an insurance company may recoup defense costs paid on behalf of an insured once it has been ultimately determined that there was no coverage in connection with the...

Smith Brothers Insurance Acquires New York-Based Shank & Falvey Insurance

Jan 11 2021 // Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook.The acquisition expands Smith Brothers’ footprint in...

Flooding Brings New Woes to New York City Church Hard-Hit by COVID-19

Jan 7 2021 // A Lutheran church in New York City already reeling from the COVID-19 deaths of more than 60 members of the congregation has suffered a new trauma: Severe flood damage from the rupture of a major municipal water main.The...

Two Businesses, Owners Charged with Fraud Against New York State Insurance Fund

Jan 5 2021 // Two businesses and their owners have been charged with fraud against the New York State Insurance Fund (NYSIF).Manuel Sanchez and his business Lagos Construction have been charged with grand larceny and other crimes for...

The Hilb Group Acquires New York’s Hiram Cohen & Son Inc.

Dec 30 2020 // The Hilb Group LLC (THG) has acquired New York-based Hiram Cohen & Son Inc. (HCS). The transaction became effective on December 1, 2020.HCS, founded in 1919, is still operated by descendants of Founder Hiram Cohen,...

New York Reaches Deal on Cleanup at Long Island Aerospace Site

Dec 30 2020 // New York has reached an agreement with defense contractor Northrop Grumman and the U.S. Navy on a $406 million plan to clean up a massive plume of underground contamination left from Long Island’s heyday as a hub of...

Former N.Y. Corrections Officer Pleads Guilty to Stealing Unearned Wages

Dec 29 2020 // A former New York State Department of Corrections and Community Supervision (DOCCS) officer has pled guilty to forging paperwork falsely claiming military service so that he could take time off.Kyle Bouille, of Corning,...

Owner to Rebuild After Upstate New York Sports Dome Collapses Under Snowfall

Dec 23 2020 // The owner of a sports complex in the upstate New York city of Binghamton says he plans to rebuild after its air-supported dome collapsed under this week’s record-breaking snowfall.No one was injured when one of the...

Risk Strategies Acquires New York’s FBA National

Dec 18 2020 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired FBA National, a specialist in developing employee benefits solutions that align with an organization’s goals and...

The Hilb Group Acquires New York’s Moran, Moran, & Dauphin Inc.

Dec 17 2020 // The Hilb Group LLC (THG) has acquired New York-based Moran, Moran, & Dauphin Inc. (MMDI). The transaction became effective on November 1, 2020.Founded in 2006, MMDI operates as a full-service agency primarily providing...

Marshall & Sterling Insurance to Acquire New York’s Jaeger & Flynn Associates

Dec 17 2020 // Marshall & Sterling Insurance, a 100% employee-owned company, has entered into an agreement to acquire Jaeger & Flynn Associates Inc. (JFA), an employee benefits broker and third-party administrative services (TPA)...

Freeman Mathis & Gary Hires Santocki as a Partner in its New York City Office

Dec 16 2020 // Freeman Mathis & Gary LLP (FMG), a nationwide litigation law firm with 200 attorneys and 19 offices in 10 states, has hired Alicia Santocki as a partner in the New York City office.Santocki also will practice in...

New York Auto Insurance Fraud Ring Busted Following Two-Year Investigation

Dec 11 2020 // An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation.Westchester County District Attorney Anthony A. Scarpino Jr. announced...

Fire Guts Historic Church Home to New York’s Liberty Bell

Dec 10 2020 // A historic church in lower Manhattan that houses New York’s Liberty Bell and whose congregation dates to the city’s earliest days was gutted by a massive fire that sent flames shooting through the roof.The...

Arthur J. Gallagher & Co. Acquires New York’s Cool Insuring Agency

Dec 10 2020 // Arthur J. Gallagher & Co. has acquired Queensbury, N.Y.-based Cool Insuring Agency Inc. Terms of the transaction were not disclosed.Founded in 1857, Cool Insuring Agency provides commercial, personal, life and health...

Former Verizon N.Y. Employee Lied About Injuries, Collected $19K in Workers’ Comp

Dec 8 2020 // A former Verizon New York employee who allegedly lied to doctors about arm injuries to obtain more than $19,000 in workers’ compensation benefits has been arrested. This comes after surveillance videos showed her...

Crawford & Company Appoints Hagenbucher as Managing Director in New York

Dec 7 2020 // Crawford & Company, a publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, has appointed Janis Hagenbucher as managing director for Crawford Forensic...

Millennials, Women ‘Sandwiched’ as COVID-19 Shifts Caregiving Responsibilities

Dec 4 2020 // The demographics of the Sandwich Generation – those who care for both their children and aging parents – as well the financial responsibilities they face as a result of COVID-19— are changing.The Sandwich Generation...

Car-Sharing Firm Turo Plans Partial Return to New York After 7-Year Insurance Dispute

Dec 4 2020 // Car-sharing startup Turo Inc. is returning to New York, seven years after leaving the state that was once its biggest market over a dispute with regulators about insurance rules.Turo, which allows vehicle owners to put...