Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Frenkel & Company Hires Power as a Principal in New York
Nov 26 2018 // Frenkel & Company – an EPIC Company has hired risk management and insurance professional Michael Power as a principal. Power will be based in Frenkel’s New York, N.Y., office and report to Phil Remig, the...
Frenkel & Company Hires Nili to Join New York Operations
Nov 20 2018 // Frenkel & Company – an EPIC Company has hired risk management and insurance professional Tandis Nili to join its operations in New York as senior vice president and leader of the Global Services Division. Nili is...
People
Nov 19 2018 // Jackson Sumner & Associates (JSA) has hired Adam Winfree as the company’s Virginia marketing representative. Winfree joins the company as a 13-year veteran of the insurance industry, having worked previously as...
The Hits Keep Coming: More Transitional Cybersecurity Requirements in New York
Nov 19 2018 // It has been more than a year and a half since the New York Department of Financial Services’ cybersecurity regulations (cyber rules) came into effect, and yet another compliance deadline has passed. Broadly,...
New York Clinic Owner, Doctor, Attorney Arrested for Insurance Fraud Scheme
Nov 16 2018 // The owner, doctor and attorney involved with a medical clinic in Brooklyn, N.Y., have been charged for their alleged participation in a $1 million auto insurance fraud scheme. New York State Attorney General Barbara D....
New York’s SterlingRisk Insurance Hires Jones as Vice President
Nov 14 2018 // SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Kenneth J. Jones as vice president. Jones brings more than 30 years of experience to SterlingRisk, meeting the needs of...
New York Man Charged With More Than $15K in Workers’ Comp Fraud
Nov 13 2018 // A New York man has been arrested on charges that he defrauded the workers’ compensation system by claiming he was out of work due to an injury while continuing to work at his family business. Jeffrey Smalt of Bath,...
State Help Available for Upstate New York Areas Hit by August Storms
Nov 8 2018 // Residents in New York’s Southern Tier and Finger Lakes region who were impacted by damaging storms and floods in August are eligible for financial help. Officials announced Friday that $13 million is available in the...
Probe Seeks Cause of Helicopter Crash into Power Lines in New York
Nov 7 2018 // Federal transportation safety investigators will try to determine what caused a helicopter to crash into power lines during an inspection flight in northern New York, killing two people on board and injuring two...
WKFC Underwriting Managers Hires Reisig in New York
Nov 5 2018 // WKFC Underwriting Managers has hired Mark Reisig as chief underwriting officer of its Property division, based at the company’s headquarters in Melville, N.Y. Reisig joins WKFC with more than 30 years of property...
Arch Capital Group Enters Agreement to Acquire New York’s McNeil & Co.
Nov 5 2018 // Arch Capital Group Ltd., a Bermuda-based provider of insurance, reinsurance and mortgage insurance, has entered into a definitive agreement to acquire McNeil & Co., a nationwide provider of specialized risk management...
Business Moves
Nov 5 2018 // Hays Cos., Brown & Brown Brown & Brown Inc. has agreed to acquire the assets of the Hays Companies insurance operations. The deal for the Minnesota-based insurance broker with $200 million in revenue marks the...
Two Utility Workers Killed in Helicopter Crash in Northeastern New York
Nov 1 2018 // Two utility workers were killed and two others were hurt when their maintenance helicopter got caught on power lines and crashed in rural northeastern New York, state police said. Pieces of the aircraft dangled from power...
New York Says Exxon Misled Investors About Climate Risks
Oct 26 2018 // New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks that climate change poses to its operations. The lawsuit filed by Attorney General Barbara...
Climate Change Impact Assessment Looks at Risk, Readiness Around U.S.
Oct 25 2018 // Low risk, but low readiness. That’s the assessment for Long Beach, Calif., a city that’s close to my heart. For those who love numbers, the city has a risk score of 49.48, and a readiness score of 47.01. Not...
HMS Agency Acquires New York’s Adirondack Family Insurance Services
Oct 25 2018 // HMS Agency Inc. (HMS), a family-owned and operated insurance agency based in Albany, N.Y., has acquired Adirondack Family Insurance Services of Saratoga Springs, N.Y. The purchase agreement was finalized on July 1, 2018,...
New York AG ‘Puts Up,’ Sues Exxon Over Climate Change Disclosures
Oct 25 2018 // Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public...
Wells Fargo Will Pay $65M Penalty to New York Over Cross-Selling Practices
Oct 23 2018 // Wells Fargo & Co. will pay a $65 million penalty to New York state related to its cross-selling practices. The bank failed to disclose to investors that the success of its cross-selling – the pitching of...
New York Is Considering Blocking Parts of $68B CVS, Aetna Merger
Oct 19 2018 // New York state officials are considering blocking parts of the $68 billion merger of drugstore store chain CVS Health Corp. and Aetna Inc., jeopardizing billions of dollars in insurance premiums for Aetna. CVS and Aetna...
Uber Driver Charged with Kidnapping New York Woman
Oct 18 2018 // An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, 24,...
