Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Allianz Global Corporate & Specialty Promotes Fioretti in New York
Feb 24 2021 // Allianz Global Corporate & Specialty (AGCS) has named Katie Fioretti as regional head of portfolio steering for financial lines in North America, effective immediately. She assumes the role from Alessandro Carriglio,...
Nine Injured, Two Seriously, in Explosion at New York City Residence
Feb 23 2021 // Authorities said nine people were injured, two seriously, after an explosion Thursday at a three-story New York City residence that blew out windows and sent a door flying into power lines. The report of an explosion on...
High Street Insurance Partners Acquires New York’s Badge Agency
Feb 23 2021 // Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc. Founded in...
New York Court Finds Insurer Not Responsible for Theater’s COVID-19 Losses
Feb 17 2021 // The Supreme Court of the state of New York, Nassau County, has dismissed a movie theater’s claims that its insurer is responsible for covering its COVID-19 related losses and that its insurance brokers were negligent...
New York Attorney General Sues Amazon Over COVID-19 Shortfalls
Feb 17 2021 // New York Attorney General Letitia James sued Amazon.com Inc on Tuesday over its handling of worker safety issues around the COVID-19 pandemic at two warehouses, just days after the retailer filed its own lawsuit seeking to...
New York Woman Arrested for Insurance Fraud in Obtaining $200K of iPhones
Feb 12 2021 // A Bronx, New York, woman has been arrested and charged with fraudulently obtaining more than $200,000 worth of iPhones from an insurance company. Rosanna Lucrecia Cruel Blanco, 39, was charged by criminal complaint with...
Amazon Sues New York Over COVID Workplace Safety, Firing Lawsuit
Feb 12 2021 // Amazon.com Inc. on Friday sued New York’s attorney general to stop the state from filing its own lawsuit over the online retailer’s early response to COVID-19, including its firing of activist Christian...
New York Man Pleads Guilty to Insurance Fraud Following Hit-and-Run Accident
Feb 9 2021 // A New York man has pleaded guilty to insurance fraud after being involved in a hit-and-run incident with a parked car in Hoboken, New Jersey. On Wednesday, February 3, 2021, Richard Hamedl of West New York pleaded guilty...
Judge Orders Release of New York Data on Long-Term Care Deaths
Feb 8 2021 // A state judge ordered New York’s Department of Health to release records about nursing home residents who died of COVID-19 in a ruling that said the agency’s failure to do so already was a...
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State
Feb 4 2021 // The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance...
New York Undercounted Nursing Home Deaths by Thousands, Attorney General Says
Feb 3 2021 // New York may have undercounted COVID-19 deaths among nursing home residents by thousands, the state attorney general charged in a report Thursday that dealt a blow to Governor Andrew Cuomo’s oft-repeated claims that...
Making Waves: How New York Became a Leader in State Cyber Regulation
Feb 2 2021 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell spoke with Elizabeth Blosfield during the most recent episode of the Insuring Cyber Podcast about how she has always seen New York as a...
The Hilb Group Acquires New York’s Rampart Brokerage Corporation & Afilliates
Feb 2 2021 // The Hilb Group LLC (THG) has completed its 100th acquisition by acquiring New York-based Rampart Brokerage Corporation & Affiliates (RBC). The effective date of the acquisition was December 1, 2020. Headquartered in...
New York’s NFP Hires Beaudette as Senior Vice President
Jan 26 2021 // NFP, a New York, New York-based insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual solutions, has hired Daniel Beaudette as a senior vice president. Beaudette...
New York Court: Uber Drivers Are Employees Eligible for Unemployment Insurance
Jan 25 2021 // The New York Supreme Court, Appellate Division, Third Judicial Department held at the end of December that Uber drivers can be considered employees eligible for benefits such as unemployment insurance. The finding upheld...
Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition
Jan 22 2021 // The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent...
N.Y. Court Takes Contrary Position on Insurers’ Right to Recoup Defense Costs
Jan 21 2021 // It has long been understood that under New York law, an insurance company may recoup defense costs paid on behalf of an insured once it has been ultimately determined that there was no coverage in connection with the...
Smith Brothers Insurance Acquires New York-Based Shank & Falvey Insurance
Jan 11 2021 // Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook. The acquisition expands Smith Brothers’ footprint in...
Flooding Brings New Woes to New York City Church Hard-Hit by COVID-19
Jan 7 2021 // A Lutheran church in New York City already reeling from the COVID-19 deaths of more than 60 members of the congregation has suffered a new trauma: Severe flood damage from the rupture of a major municipal water main. The...
Two Businesses, Owners Charged with Fraud Against New York State Insurance Fund
Jan 5 2021 // Two businesses and their owners have been charged with fraud against the New York State Insurance Fund (NYSIF). Manuel Sanchez and his business Lagos Construction have been charged with grand larceny and other crimes for...
