Latest New York Headlines

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

Cuomo Signs Bill Protecting Immigrant Workers from Workplace Harassment

Aug 5 2019 // New York Governor Andrew Cuomo has signed legislation creating penalties for discrimination or retaliation against immigrant employees into law.This law is a codification of federal case law interpreting the...

The Doctors Company Purchases New York’s HIC, FOJP Service Corporation

Aug 5 2019 // The Doctors Company has completed the purchase of Hospitals Insurance Company (HIC), a New York State admitted and licensed insurance company, and FOJP Service Corporation, a New York service organization that provides...

Risk Strategies Acquires New York City’s Reiff & Associates

Aug 2 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Reiff & Associates, a full service brokerage firm focused on risk and insurance for companies in the entertainment...

Capital One Investors Wary of Reputational Impact of Data Breach

Jul 31 2019 // Capital One Financial Corp.’s assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank’s shares closing down 5.9%.Capital One...

A Year after GDPR, How Can U.S. Insurers Prepare for Data Privacy Regs Closer to Home?

Jul 30 2019 // More than a year after the European Union implemented its General Data Protection Regulation (GDPR), U.S. insurers are examining what they can learn as they prepare for the implementation of similar data privacy laws in...

Big I New York Welcomes Lombardo as AVP of Learning and Development

Jul 30 2019 // Big I New York has welcomed Jim Lombardo as the association’s AVP of Learning and Development.Lombardo will be responsible for expanding the association’s education and research offerings to meet the needs and...

Documents: Hospital Paid $6M to Armstrong Family in Wrongful Death Suit

Jul 25 2019 // An Ohio hospital paid the estate of astronaut Neil Armstrong $6 million in a confidential agreement to settle allegations that post-surgical complications led to Armstrong’s 2012 death, according to court documents...

Northeast Insurer Kingstone to Exit Commercial Liability Lines

Jul 25 2019 // Kingstone Companies Inc., a Northeast regional property and casualty insurance holding company, has announced that its wholly owned subsidiary, Kingstone Insurance Company (KICO), has decided to no longer underwrite...

Congress Passes Sept. 11 Victims Compensation Fund

Jul 24 2019 // The U.S. Senate voted to replenish a fund that provides lifelong medical help and other compensation for firefighters, police officers and other first responders affected by the Sept. 11 terrorist attacks, sending the...

Safety Rules Proposed After Child Dies in Grease Trap at New York Restaurant

Jul 22 2019 // The death of a 3-year-old boy in a restaurant’s underground grease collection tank has prompted two state lawmakers to draft new safety legislation.Police say the child fell through an unsecured plastic cover over a...

U.S. Criminally Charges Ohio Opioid Distributor with Profiting from Epidemic

Jul 22 2019 // An Ohio drug wholesale distributor and two former executives on Thursday were charged with profiting from the U.S. opioid epidemic by selling millions of pills despite signs the addictive drugs were being misused.Federal...

Berkshire Hathaway’s Applied Underwriters Settles Workers’ Comp Dispute with New York

Jul 19 2019 // Berkshire Hathaway subsidiary Applied Underwriters will voluntarily halt the selling of a reinsurance-based, loss-sensitive workers’ compensation product in New York under an agreement with the state regulator who...

Investigation Indicates Widespread Fraud in the New York City Towing Industry

Jul 19 2019 // New York City Department of Consumer and Worker Protection (DCWP) Commissioner Lorelei Salas has announced an investigation into the tow truck industry that suggests widespread insurance and workers’ compensation...

Risk Placement Services Expands Lawyers Liability Program to New York, Texas

Jul 19 2019 // Rolling Meadows, Illinois-based Risk Placement Services (RPS) has expanded its exclusive admitted lawyers professional liability program into New York and Texas, states considered to have the largest number of attorneys in...

Associated Mutual Insurance Cooperative of New York Hires Scannell

Jul 16 2019 // Associated Mutual Insurance Cooperative of New York has hired Edward W. Scannell III as vice president of Underwriting.Scannell has more than 35 years of experience in the property and casualty industry as an underwriter,...

ConEd Faces Heat After Times Square Goes Dark

Jul 15 2019 // It lasted all of five hours – and hit just the spot on New York’s power system to take out the lights in Times Square, force the evacuation of Madison Square Garden in the middle of a Jennifer Lopez concert and...

Alera Group Acquires New York’s Austin & Co.

Jul 12 2019 // Alera Group, a national insurance firm, has acquired Austin & Co. Inc., effective July 1, 2019.The firm expands Alera Group’s employee benefits and property and casualty expertise. Austin & Co., located in...

Aon Promotes Ronda to President of U.S. Reinsurance

Jul 12 2019 // Global broker Aon has promoted Aon veteran Tim Ronda to president of its U.S. Reinsurance Solutions business. He is based in New York.As president, he succeeds George deMenocal, CEO of U.S. Reinsurance Solutions, who has...

New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group

Jul 12 2019 // New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd.Financial details of the transaction, which closed on July 2, were not disclosed. Based...

RiverStone Acquires New York’s Rockville Risk Management and ER Quinn Company

Jul 9 2019 // RiverStone has acquired Rockville Risk Management and ER Quinn Company (collectively, Rockville).Rockville is a New York-based, privately-owned third-party administrator and loss adjusting company that provides...