Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis
Apr 24 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...
New York Charges Mallinckrodt with Insurance Fraud Over Opioid Claims
Apr 23 2020 // New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to medically unnecessary prescriptions. Governor Andrew...
How COVID-19 Impacts the Surplus Lines Insurance Industry
Apr 22 2020 // COVID-19 has majorly disrupted the global economy, and while many business sectors are subjected to temporary shutdowns or bare minimum operations, the insurance industry is racing forward while confronting unprecedented...
Latest Class Actions Over Business Interruption Target 6 Insurers
Apr 21 2020 // A Minnesota dentist, an Ohio bridal shop and a New York pizzeria are among six small businesses that are the latest to sue insurers seeking compensation for business interruption claims due to the coronavirus crisis. The...
New York Nurses Sue State and Two Hospitals Over ‘Inadequate’ Virus Protection
Apr 21 2020 // The New York State Nurses Association sued the state and two hospitals on Monday to force them to provide equipment and adopt safety measures to prevent the spread of COVID-19 among the association’s members in the...
People & Places
Apr 20 2020 // National Garrett Hanrahan Insurance broker Marsh announced the appointment of Garrett Hanrahan as global head of Aviation with Marsh JLT Specialty. Hanrahan is succeeding Simon Harker, who is retiring after 44 years in the...
4 Ways COVID-19 Will Change Cannabis and Insurance
Apr 20 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a...
New York’s NYCM Insurance Announces Credit to Auto Policyholders
Apr 17 2020 // NYCM Insurance will be issuing a credit to its approximately 230,000 auto policyholders. All auto policyholders as of April 30, 2020, will receive a 15% credit back from their April and May premiums. Customers will not...
New York Taps McKinsey to Develop ‘Trump-Proof’ Economic Reopening Plan
Apr 16 2020 // New York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart expected pressure from President Donald Trump to move more...
Despite Insurance Industry Concerns, More States Introduce COVID-19 BI Bills
Apr 15 2020 // New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that...
Deadly Storm Buffets New York and East Coast After Lashing South
Apr 14 2020 // A powerful storm that unleashed deadly tornadoes across the South was expected to shake trees and snap power lines in New York and other cities along the U.S. East Coast. Rainy gusts of up to 60 miles per hour were...
How P/C Insurance Industry Can Maximize Its Response to Coronavirus: Crisis Manager
Apr 13 2020 // “I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.” That’s Richard...
Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List
Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. State...
4 Ways COVID-19 Will Change Cannabis and Insurance
Apr 9 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a...
Amazon Tests Hospital Workplace Safety Idea With Disinfectant Fog at Warehouse
Apr 9 2020 // Amazon.com Inc. is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker protests over the risk of coronavirus infection at the...
Van Gogh Theft Focuses Attention on Empty Museums’ Security During COVID-19 Crisis
Apr 8 2020 // The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil...
States Need Data on Medical Workers’ Coronavirus Status
Apr 7 2020 // Experts and health officials who are trying to plan a response to the coronavirus outbreak are missing a critical piece of information — the number of health care workers who have tested positive for the...
Quantemplate Hires Fagg, Perry to New York Sales and Solutions Teams
Apr 6 2020 // Quantemplate, a provider of self-service, cloud-based automated data solutions for the (re)insurance industry, has hired Simon Fagg and Shannon Perry to its New York-based team. The new hires have joined both the sales and...
My New Markets
Apr 6 2020 // Truckers Physical Damage Market Detail: Rocklake Insurance Group (www.rocklakeig.com) offers multiple carriers for physical damage needs. It offers broad and limited forms with flexible options to choose which coverage...
Insurance Is Not A Company’s Primary Line of Defense in a Crisis
Apr 6 2020 // Imagine your company having a Halloween party: Employees show up wearing costumes mocking your customers, says the chief executive of a New York commercial insurance brokerage we recently interviewed. “Now imagine...
