Latest New York Headlines

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

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...

Lawsuit Claims EPA Has Failed to Enforce Chesapeake Bay Pollution Caps

Sep 16 2020 // The Environmental Protection Agency has failed to ensure that Pennsylvania and New York are doing enough to reduce pollution that flows from farms and cities into the Chesapeake Bay, according to a lawsuit filed on...

Dunkin’ Donuts Parent Settles New York Cyber Attack Lawsuit, Agrees to Pay Fine

Sep 16 2020 // The parent of Dunkin’ Donuts on Tuesday agreed to upgrade its security protocols and pay $650,000 in fines and costs to settle a lawsuit by New York’s attorney general claiming it ignored cyber attacks that...

U.S. Court Upholds State Tax on Drugmakers to Defray Opioid Crisis Costs

Sep 15 2020 // A federal appeals court on Monday cleared the way for New York state to collect about $200 million from drug manufacturers and distributors by imposing a surcharge on them to defray the costs of combating the opioid...

Governor Cuomo Clears Way for Indoor Dining to Resume in New York City

Sep 11 2020 // New York City restaurants can resume indoor dining on Sept. 30 at 25% capacity with temperature checks for customers and other restrictions, Governor Andrew Cuomo said Wednesday.Cuomo said all customers will undergo...

New York’s Preferred Mutual Hires Raue as Senior Vice President of Claims

Sep 11 2020 // Preferred Mutual Insurance Company has hired Michelle Raue as senior vice president of claims.In this role, Raue will be responsible for building the vision and executing the strategy to deliver an innovative and...

Inside Big Pharma’s Stealth War on Drug Price Watchdog: Reuters Special Report

Sep 11 2020 // As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts’ estimates that its maker, Gilead Sciences Inc., could charge up to $10,000 for the...

Clyde & Co. Hires Voses as a Partner in New York

Sep 10 2020 // Global law firm Clyde & Co has hired insurance lawyer Marc Voses as a partner in New York to further enhance its U.S. and global insurance practices.Voses joins from Goldberg Segalla, where he was chair of the...

Department Store Blames Insurers As It Files Bankruptcy and Shuts Down

Sep 10 2020 // Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming the latest victim of the retail industry carnage that’s accelerated during the...

Buffett’s Duracell Countersues Energizer, Alleging False Ads Over Battery Life Claims

Sep 9 2020 // Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc., sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that its Energizer MAX batteries last up to 50% longer than...

Trump Labor Rule That Narrows ‘Joint Employer’ Standard Struck Down by Judge

Sep 9 2020 // A federal judge on Tuesday struck down a Trump administration rule that narrowed the definition of “joint employer,” and which the attorneys general of 17 states and Washington, D.C. said would eliminate...

Business Moves

Sep 7 2020 // Aon, Wills Towers WatsonShareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to...