Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Insurance Fraud Case in New York May Impact First Party No-Fault Benefits
Feb 14 2019 // A high-profile insurance fraud case on appeal in New York is being closely watched by fraud fighters across the country for the impact the decision will have on no-fault law. The case, Andrew Carothers, M.D., P.C. v....
Federal Preliminary Report on New York Limo Crash Offers No Cause Yet
Feb 13 2019 // The National Transportation Safety Board’s probe of a fatal limousine crash in upstate New York has not yet identified a cause, according to a preliminary report released Monday, after weeks of wrangling between...
Senators Pitch Baseball-Like Arbitration to End Unexpected Medical Bills
Feb 8 2019 // In most markets, when a buyer and a seller can’t settle on a price, they walk away. Medicine is different. Doctors and insurance companies often sort out who owes what only after a patient has been treated,...
1970s Musicians Sue for ‘Second Chance’ to Reclaim Their Songs
Feb 7 2019 // David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music Entertainment Inc. and UMG Recordings Inc. of improperly refusing to let them reclaim rights to songs they had...
Relation Enters Agreement to Acquire New York’s J. Deutsch Associates
Feb 6 2019 // Relation Insurance Services, an insurance brokerage that offers risk management benefits and third party administrator (TPA) consulting services through its family of brands across the U.S., has entered into a definitive...
New York’s SterlingRisk Insurance Hires Guthart
Feb 6 2019 // SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Steven Guthart as president and chief marketing officer. Guthart brings more than 30 years of industry experience to...
Lacewell Takes Over as New York DFS Superintendent Following Vullo’s Tenure
Feb 5 2019 // When Governor Andrew Cuomo of New York launched his statewide banking and insurance regulator several years ago, he picked an aggressive ex-prosecutor who’d spent years under his wing. Now, in naming his latest chief...
USI Insurance Services Acquires New York’s GFI Insurance Brokerage
Feb 5 2019 // USI Insurance Services (USI), a provider of insurance brokerage and risk management, has acquired New York-based GFI Insurance Brokerage Inc. Terms of the transaction were not disclosed. Founded in 2003, GFI provides...
Final Implementation Deadline Approaching for New York’s Cybersecurity Regulation
Feb 1 2019 // The final implementation period for the New York Department of Financial Services’ (DFS) cybersecurity regulation covering DFS-regulated entities and licensed individuals ends March 1, 2019. New York’s...
Judge Seeks to End Standoff Over NTSB Access to Crashed Limo in New York
Jan 30 2019 // Federal safety inspectors went to court to remove a roadblock in their investigation of a limousine crash that killed 20 people nearly four months ago. Schoharie County Judge George Bartlett heard arguments Tuesday over...
AM Best Removes MAPFRE NY from Under Review with Negative Implications
Jan 30 2019 // AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to a- from a for MAPFRE Insurance...
New York’s JenCap Holdings Promotes Maher, Hires Nielsen
Jan 28 2019 // JenCap Holdings LLC (JCH), a specialty insurance business, has promoted Mark P. Maher to chief operating officer and hired David Nielsen as corporate chief financial officer. In his new role, Maher will work with the...
New York City’s Global Excess Partners Promotes Cook to VP, Managing Director
Jan 23 2019 // Global Excess Partners (GEP), a specialty insurance organization, has promoted Brendan Cook from vice president to vice president and managing director. He reports to Chris Zoidis, corporate executive vice president of...
XPT Group Acquires New York City’s SVA Underwriting Services
Jan 23 2019 // XPT Group LLC has acquired SVA Underwriting Services Inc., a trucking and transportation MGA and Lloyd’s Coverholder. SVA Underwriting specializes in physical damage and cargo cover with the ability to underwrite,...
Business Moves
Jan 21 2019 // EPIC Holdings, Integro EPIC Holdings Inc. in San Francisco has agreed to acquire Integro Holdings Inc., which houses the U.S. operations of New York-based Integro Group Holdings. The acquisition will add 400 team members...
N.Y. Workers’ Comp Board Launches Virtual Hearings Initiative
Jan 18 2019 // The New York State Workers’ Compensation Board has launched a new tool that makes it easier for injured workers, attorneys and other participants to attend workers’ compensation hearings remotely. The...
Cuomo Proposes Banning Stretch Limos from New York Roads
Jan 17 2019 // New York Governor Andrew Cuomo proposed banning stretch limousines from the state’s roads as part of a safety crackdown on large for-hire passenger vehicles following the deadliest U.S. transportation accident in...
New York, New Jersey Governors Set 2019 Goals to Legalize Recreational Marijuana
Jan 17 2019 // The Democratic governors of New York and New Jersey each set goals to legalize recreational marijuana as part of their 2019 agendas, declaring in separate State of the State speeches Tuesday that new laws should raise...
New York’s The Iroquois Group Hires Venus in Virginia
Jan 16 2019 // The Iroquois Group, an Allegany, N.Y.-headquartered network of independent insurance agencies, has hired Charles Venus as its vice president of Middle Market & Specialty. Venus is based in Northern Virginia. The former...
Cuomo Criticizes Predatory Lending Approach Involving New York Courts
Jan 16 2019 // New York Governor Andrew Cuomo is seeking to end his state’s role as the nation’s collections department for predatory loans to small businesses. Cuomo plans to submit legislation to curtail the use of...
