Latest New York Headlines

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

Wells Fargo Will Pay $65M Penalty to New York Over Cross-Selling Practices

Oct 23 2018 // Wells Fargo & Co. will pay a $65 million penalty to New York state related to its cross-selling practices.The bank failed to disclose to investors that the success of its cross-selling – the pitching of...

New York Is Considering Blocking Parts of $68B CVS, Aetna Merger

Oct 19 2018 // New York state officials are considering blocking parts of the $68 billion merger of drugstore store chain CVS Health Corp. and Aetna Inc., jeopardizing billions of dollars in insurance premiums for Aetna.CVS and Aetna won...

Uber Driver Charged with Kidnapping New York Woman

Oct 18 2018 // An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday.Harbir Parmar, 24,...

Everest Insurance Hires Pollert in New York City

Oct 17 2018 // Everest Insurance has hired Bill Pollert to its Marketing and Distribution team as a director in the East region.Pollert joins Everest Insurance from Marsh USA, where he worked for the last fourteen years and most recently...

Calls for New Regulation Mount as New York Limo Crash Victims Mourned

Oct 16 2018 // The day after a mourning community said last goodbyes to eight of 20 victims of a limousine crash – four sisters and four other relatives – the Senate’s top Democrat called on federal regulators to...

New York Contractor Pleads Guilty to $800K Business Fraud Scheme

Oct 15 2018 // State officials say an Albany-area contractor has pleaded guilty to scamming hundreds of thousands of dollars out of minority-owned businesses and failing to pay dozens of his employees.Attorney General Barbara Underwood...

People

Oct 15 2018 // Frenkel Benefits, an EPIC Company, has hired Nicholas Tunno as a principal in New York.Tunno will report to Phil Remig, Northeast region senior vice president of Operations and Sales. Tunno joins from the New York office...

Limousine Company Operator Arrested Following Deadly New York Crash

Oct 12 2018 // Police charged a limousine service operator Wednesday with criminally negligent homicide in a crash that killed 20 people, while the man’s lawyer said that he wasn’t guilty and that police were rushing to...

EPIC Acquires New York’s Total Management Corporation

Oct 12 2018 // EPIC Insurance Brokers & Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Total Management Corporation (TMC).Based in...

Limo Service Lawyer Says Violations Fixed Before Fatal New York Crash

Oct 11 2018 // The limousine service under scrutiny after a crash that killed 20 people fixed safety violations in its fleet before the tragedy, said a lawyer who suggested the driver was unfamiliar with the rural road.Prestige Limousine...

Berkley One Continues Expansion into New York, Connecticut

Oct 11 2018 // Berkley One, a startup insurance provider for individuals and families, has continued its expansion into New York and Connecticut. Partnering with select independent agents, Berkley One offers home, automobile, fine art...

New York Governor Says Limo That Crashed Shouldn’t Have Been on the Road

Oct 10 2018 // The supersized limousine that crashed and killed 20 people outside a country store failed a safety inspection last month and shouldn’t have been on the road, and the driver wasn’t properly licensed, New...

The Hits Keep Coming: More Transitional Cybersecurity Requirements in New York

Oct 10 2018 // It has been more than a year and a half since the New York Department of Financial Services cybersecurity regulations (cyber rules) came into effect, and yet another compliance deadline has passed.Broadly, “covered...

U.S. Limo Regulations Probed After Deadly New York Crash, NTSB Says

Oct 9 2018 // The National Transportation Safety Board will examine federal oversight of the limousine industry as part of its investigation into a deadly New York state crash that killed 20 people in the worst U.S. transportation event...

New York’s MLMIC Insurance Company Joins Berkshire Hathaway Family of Companies

Oct 8 2018 // MLMIC Insurance Company, formerly known as Medical Liability Mutual Insurance Company, has completed its conversion from a property and casualty mutual insurance company to a property and casualty stock insurance company...

AIG Is Seeking More Than $200M for Manhattan Hotel

Oct 8 2018 // AIG Global Real Estate is seeking buyers for a Manhattan hotel that could fetch more than $200 million, according to a person familiar with the matter.AIG has tapped Eastdil Secured LLC to find prospective buyers for the...

Disaster Declaration Approved for Flash Flood Recovery in New York

Oct 5 2018 // President Donald Trump has approved a disaster declaration for upstate New York counties hit by severe flash flooding in August.The declaration signed Monday by the Republican will allow the counties to apply for federal...

Man Awarded $1.6M Following Sears Fork Lift Accident in New York

Oct 4 2018 // A Connecticut jury has awarded $1.6 million to a man who was seriously injured by a fork lift at a Sears warehouse in 2014.The Connecticut Post reports that the jury ruled in favor of Kevin Reid last Friday. The Shelton...

Judge Rules Racial Bias Claim Against Bank Must Go to Private Arbitration

Oct 4 2018 // A black former Morgan Stanley broker who filed a lawsuit accusing the bank of racial bias must pursue his claims in private arbitration, a federal judge ruled on Wednesday.U.S. District Judge John Koeltl in Manhattan ruled...

Bus Driver Found Guilty in Citi Bike Death in New York

Oct 3 2018 // The driver of a charter bus that fatally struck an investment banker riding a Citi Bike in Manhattan last year, marking the first death involving the city’s bike-share program, was found guilty of failing to yield...