Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Revel Brings Electric Moped Sharing Back to New York City; Helmets Required
Aug 28 2020 // Electric moped sharing company Revel on Thursday said it was returning to the streets of New York City with a new safety protocol, a month after it voluntarily suspended operations in the city following a string of deadly...
NTSB Finds Limo Owner Evaded Safety Rules Before Fatal New York Crash
Aug 28 2020 // The owner of the stretched limousine that crashed and killed 20 people in upstate New York repeatedly changed the listed number of seats in the vehicle and took other steps to avoid safety regulations, according to...
Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court.
Aug 24 2020 // When a 26-year-old Uber driver walked into a California deeds office two years ago, it was the real-estate equivalent of a butterfly flapping its wings and causing a tsunami half a world away. Hired by an elderly Chinese...
Declarations
Aug 24 2020 // The Big One “This announcement means that California’s world-class earthquake early warning system will be a standard function on every Android phone — giving millions precious seconds to drop, cover and...
How One Young Brokerage Founder Plans to Target a ‘Different’ High Net Worth Market
Aug 24 2020 // As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth...
N.Y. Regulator Fines Assurant Subsidiary $2.8M for Violating State Insurance Laws
Aug 21 2020 // The New York State Department of Financial Services (DFS) has fined The Signal, LP, an Assurant Company, $2.8 million for failing to comply with New York insurance laws. A DFS press release alleged that The Signal provided...
New York Regulator Issues Insurance Fraud Action Against Two Opioid Manufacturers
Aug 20 2020 // The New York State Department of Financial Services (DFS) has filed charges and initiated administrative proceedings against Teva Pharmaceutical Industries Ltd. and its subsidiaries, as well as Allergan PLC and its...
Arceo.ai Names Gamble in New York to Lead Broker Relations
Aug 19 2020 // Cyber analytics firm Arceo.ai has named Thomas Gamble as executive vice president and global chief distribution officer. Gamble will be based in Arceo’s New York offices. Gamble has experience in mergers and...
New York Regulator Takes Action to Expedite Isaias-Related Insurance Claims
Aug 13 2020 // The New York State Department of Financial Services (DFS) has taken action to help expedite the payment of insurance claims for New Yorkers affected by Tropical Storm Isaias. As the storm moved through the eastern portion...
R&Q Acquires 35% Interest in New York-Based Tradesman Program Managers
Aug 10 2020 // Randall & Quilter Investment Holdings Ltd. (R&Q) has reached an agreement to merge its wholly owned subsidiary, Sandell Re Ltd., with Tradesman Program Managers LLC in return for a 35% interest in the combined...
COVID Business Interruption Suits Top 700 with More to Come
Aug 10 2020 // When insurance coverage lawsuits brought by businesses seeking coverage for COVID-related interruptions surpassed the 700 mark last month, the natural question to ask was: Is that a lot? That’s exactly the question...
People & Places
Aug 10 2020 // National Aon announced that Brent Rieth is the new U.S. practice leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
New York City Erects Quarantine Checkpoints to Curb Coronavirus
Aug 5 2020 // New York City will put up COVID-19 quarantine checkpoints at key entry points to ensure that incoming travelers from 35 states with outbreaks comply with the state’s 14-day quarantine mandate, Mayor Bill de Blasio...
‘Defensive Dining’: Keeping Makeshift Outdoor Eateries Safe From Storms, Drivers
Aug 5 2020 // Outdoor spaces hastily fancified for low-risk dining are keeping thousands of U.S. restaurants from closing permanently. But crashing the dinner party are tropical storms, rats — and the occasional out-of-control...
World Insurance Associates Acquires New York’s Loveman, Kornreich & Steers
Aug 5 2020 // World Insurance Associates LLC (WIA) acquired Loveman, Kornreich & Steers Inc. of White Plains, N.Y., on July 1, 2020. Terms of the transaction were not disclosed. Loveman, Kornreich & Steers specializes in a...
Tropical Storm Isaias Left Death, Darkness, Tornadoes, Floods on East Coast
Aug 4 2020 // 08/05/2020 02:06 AM— Tropical Storm Isaias killed at least four people on Tuesday as it made its way up the U.S. Atlantic Coast, including two deaths at a North Carolina trailer park that was struck by a tornado spun off...
N.Y. Manufacturer Fined, Citations Upheld for Falsely Claiming Violations Corrected
Aug 4 2020 // An administrative law judge with the independent Occupational Safety and Health Review Commission has upheld citations and penalties from the U.S. Department of Labor’s Occupational Safety and Health Administration...
Isaias Could Bring Heavy Winds and Rain to New York City Region
Aug 4 2020 // New York City area residents should be prepared for heavy winds and rain from Isaias on Tuesday, Governor Andrew Cuomo said. The storm was off the Florida coast Sunday and its maximum sustained winds had declined to 65...
Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility
Aug 4 2020 // A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family leave for potentially millions of workers affected by the coronavirus. Ruling in a case brought by New...
NFP Acquires New York’s Rose & Kiernan
Aug 3 2020 // NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has acquired Rose & Kiernan Inc. in a transaction that closed effective August 1,...
