Latest New York Headlines

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

APCIA to Co-Host Diversity and Inclusion Event in NYC

Feb 3 2020 // Washington, D.C. February 3, 2020 – The American Property Casualty Insurance Association (APCIA) is pleased to announce a partnership with the American Council of Life Insurers (ACLI) and the Life Insurance Council of...

Where Purdue Pharma-Sackler Legal Maters Stand Now

Jan 30 2020 // OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a proposed settlement worth an estimated $10 billion to resolve more than 2,600 lawsuits...

New York’s The Stahlka Agency Names Berg as a Partner

Jan 30 2020 // The Stahlka Agency has named Shawn Berg as a partner in the insurance agency.Berg joined the agency in 2011. He previously held similar roles at Marsh and also spent time on the carrier side with Safeco. He will be charged...

Making Big Oil Pay for Climate Change May Be Impossible

Jan 24 2020 // Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic...

New Laws Spur Insurers to Reserve for Potential Child Sex-Abuse Claims

Jan 24 2020 // Travelers Companies Inc. has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an...

The Hilb Group Acquires New York’s BR Vital Brokerage

Jan 23 2020 // The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020.Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property and...

Tort Reformers Proclaim Top 10 ‘Judicial Hellholes’ for 2020

Jan 21 2020 // It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and states that are abusing the civil justice system.The report also warns of state courts that did not...

Distinguished Programs Promotes Bah in Massachusetts, McFadden in New York

Jan 17 2020 // Distinguished Programs, a national insurance program manager, has promoted Mamadou Bah to regional sales executive and Renée A. McFadden to vice president and regional sales executive in New Jersey and eastern Long...

Christmas Ransomware Attack Hit New York Airport Servers

Jan 15 2020 // An upstate New York airport and its computer management provider were attacked by ransomware over Christmas, officials said.Officials at the Albany County Airport Authority announced Thursday that the attack came to light...

N.Y. Limo Drivers Face New Safety Rules After Deadly 2018 Crash

Jan 15 2020 // New York Governor Andrew Cuomo and leaders of the state legislature have agreed on a package of limousine-safety laws that would create a new driver’s license for operators, require seat belts, ban defective vehicles...

Harvard Professor Takes Aim at ‘Clickbait’ With Defamation Suit Against New York Times

Jan 14 2020 // A Harvard University professor known as an expert in intellectual property is suing the New York Times for its publication of a “sensationalized, false and defamatory ‘clickbait’ Internet headline and...

Beecher Carlson Insurance Services Hires Ehrlich to Its New York Office

Jan 14 2020 // Beecher Carlson Insurance Services LLC, a specialized large account insurance broker, has appointed Joe Ehrlich as Beecher Carlson’s National Practice Leader for Private Equity, Family Office, and M&A. Ehrlich...

New York Bans Use of Toxic Chemical in Firefighting Foam

Jan 14 2020 // New York plans to restrict the use of firefighting foam that contains certain chemicals that have the potential to contaminate groundwater.Firefighting foam can contain polyfluoroalkyl substances, or PFAS, which are...

New York Won’t Appeal Its Defeat in Exxon Climate Trial

Jan 13 2020 // New York won’t appeal a ruling by a judge who rejected the state’s claim that Exxon Mobil Corp. misled investors for years about the oil giant’s internal planning for risks associated with climate...

Why It’s Not So Easy Getting Insurers to Defend in Sexual Harassment Cases

Jan 13 2020 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...

Leaning on Doors? Report Says NYC Subway Cars Cut for Safety

Jan 10 2020 // Nearly 300 of New York City’s new subway cars were removed over concerns that the doors could open while the trains were in motion, The New York Times reported Wednesday.The 298 cars on the A, C, J and Z lines were...

New York Governor Lays out Aggressive Climate Change Plan

Jan 9 2020 // New York Gov. Andrew Cuomo is proposing an aggressive climate change-fighting campaign for his state that includes a $3-billion bond act that would be put on the ballot this November.Cuomo, who says that money would go to...

InsurTechNY Opens Application Window for 2020 InsurTech Startup Competition

Jan 7 2020 // InsurTechNY, an InsurTech community in the New York metro area spanning carriers, brokers, startups and investors, has opened the application window for the 2020 InsurTech Startup Competition.The competition has two tracks...

New York’s Frenkel & Company Completes Transition to EPIC Brand

Jan 6 2020 // Edgewood Partners Insurance Center, which operates as EPIC Insurance Brokers and Consultants (EPIC), has announced that Frenkel & Company, a New York, N.Y.-headquartered, full-service independent insurance broker...

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

Jan 3 2020 // Arthur J. Gallagher & Co. has acquired Huntington, N.Y.-based Walsdorf Agency Inc. Terms of the transaction were not disclosed.Founded in 1926, Walsdorf Agency is a third generation, family owned commercial and...