All the headlines from our New York Topic Page, ordered by recency.
Sep 18 2019 // Hub International Limited (Hub), a global employee benefit and insurance brokerage firm, has acquired the assets of StoneStreet Pearl River LLC. Terms of the transaction were not disclosed.Based in Pearl River, N.Y., and...
Sep 17 2019 // The attorneys general of Massachusetts and New York gave Purdue Pharma LP a preview of the opposition it’s facing in bankruptcy court as the embattled maker of the OxyContin painkiller seeks approval of a roughly $10...
Sep 16 2019 // Alliant Insurance Services has formed a new brokerage service vertical, Alliant Mergers & Acquisitions.Falling under the Alliant Specialty retail umbrella, Alliant Mergers & Acquisitions will provide expertise to...
Sep 16 2019 // Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing cargo-in-transit and cargo stock-throughput insurance for a variety of insureds in...
Sep 16 2019 // The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York’s attorney general contends in court papers filed Friday.New York – asking...
Sep 16 2019 // OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.Purdue’s board met...
Sep 13 2019 // TigerRisk Partners LLC, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Manoj Gupta as chief operating officer.Prior to joining TigerRisk, Gupta was president of...
Sep 13 2019 // John R. Tomassi was named president of the Professional Insurance Agents of New York (PIANY), at a meeting of the association’s board of directors today at PIANY headquarters in Glenmont, N.Y.Tomassi is a partner in...
Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference.Speaking at the Keefe, Bruyette & Woods Insurance...
Sep 12 2019 // Gallagher, a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Ill., has hired Mike Kambos as its area senior vice president for New York’s Management...
Sep 11 2019 // New York and a half dozen other states accused the Securities and Exchange Commission of botching a final regulation intended to protect broker-dealer customers from conflicts of interest under the landmark Dodd-Frank Act...
Sep 10 2019 // A New York State Department of Transportation employee has been arrested on charges that he defrauded the workers’ compensation system and stole more than $11,000 in insurance benefits to which he was not...
Sep 9 2019 // Unlicensed labor broker Salvador Almonte Jr. and insurance broker Steven Asvazadourian have been indicted in New York for an insurance fraud scheme in which they underreported the size of Almonte’s companies and lied...
Sep 8 2019 // An insurance unit of Starr International Company Inc. on Friday sued Michael Avenatti, the combative lawyer known for his battles with U.S. President Donald Trump, to rescind coverage of an airplane that Avenatti used,...
Sep 6 2019 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Arbre Group Holding – doing business as Holli-Pac Inc. – for willful and serious violations of workplace safety and...
Sep 6 2019 // Burns & Wilcox Brokerage, a distinct business unit of H.W. Kaufman Group solely dedicated to wholesale insurance brokerage, has hired Anthony Greene to its leadership team.Greene joins the Burns & Wilcox Brokerage...
Sep 6 2019 // Severe, mysterious lung illnesses that have struck more than 200 people around the country may be tied to an ingredient in cannabis-containing vapor products, said the New York State Department of Health.New York and other...
Aug 28 2019 // OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said...
Aug 26 2019 // A New York City Police Department officer has been indicted for insurance fraud, falsifying business records and related charges for allegedly filing a false insurance claim stating his vehicle was stolen when the same car...
Aug 23 2019 // Everest Insurance has added three members to the Financial Lines Private Company/Not‐For‐Profit group. This group provides management liability insurance for private and not‐for‐profit companies of all sizes and...