Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
U.K. PM Johnson Vows to Exit EU (With or Without a Deal) After Historic Court Defeat
Sep 24 2019 // A defiant Boris Johnson hit back at the U.K.’s top judges and vowed to take the country out of the European Union next month, despite suffering an unprecedented legal defeat over his Brexit strategy in the highest...
Police Investigate $350K in Jewelry Thefts at Manhattan’s Trump Tower
Sep 24 2019 // Detectives are investigating the alleged thefts of about $350,000 worth of jewelry from residents in Manhattan’s Trump Tower. Police say the jewelry was stolen from inside two apartments in the building where U.S....
Hub International Acquires New York’s EPIC Retirement Services Consulting
Sep 20 2019 // Hub International Limited, a global insurance brokerage, has acquired the assets of EPIC Retirement Services Consulting LLC. Terms of the transaction were not disclosed. Located in New York, N.Y., EPIC is an independent...
Alliant Insurance Services Hires Riley as Vice President in New York
Sep 20 2019 // John Riley has joined Alliant as vice president within the firm’s White Plains, N.Y., office. As part of the firm’s growing Northeast property and casualty team, Riley will service a diverse portfolio of...
New York Moves to Enact Statewide Flavored E-Cigarette Ban
Sep 18 2019 // New York Governor Andrew Cuomo is pushing to enact a statewide ban on the sale of flavored e-cigarettes amid growing health concerns connected to vaping, especially among young people. The Democrat announced Sunday that...
Hub International Acquires Assets of New York’s StoneStreet Pearl River
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...
Massachusetts, New York Signal Purdue Faces Stiff Court Fight
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...
Alliant Insurance Services Forms Alliant Mergers & Acquisitions in New York City
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...
Sentinel Marine Underwriters Hires Chung in New York City, Klein in Baltimore
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...
New York Finds $1B in Hidden Transfers by Purdue Pharma’s Sackler Family
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...
Facing Thousands of Opioid Lawsuits, Purdue Pharma Files for Bankruptcy Protection
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...
TigerRisk Partners Appoints Gupta as Chief Operating Officer in New York
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...
Professional Insurance Agents of New York Names Tomassi as President
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...
Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts
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...
Gallagher Hires Kambos to New York Management Liability Practice
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...
States Take Aim at SEC’s New Broker-Dealer Adviser Rule
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...
New York Department of Transportation Employee Arrested for Workers’ Comp Fraud
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...
Unlicensed Labor Broker Indicted in New York for $1M Insurance Fraud Scheme
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...
Starr Insurance Sues to Rescind Coverage for Plane Used by Lawyer Avenatti
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,...
OSHA Cites New York Frozen Foods Packager for Exposing Employees to Hazards
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...
