Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Exxon Loses Bid to Stop States from Probing If It Lied About Climate Change
Apr 2 2018 // A federal judge on Thursday dismissed Exxon Mobil Corp.’s lawsuit seeking to stop New York and Massachusetts from probing whether the oil and gas company covered up its knowledge about climate change and lied to...
Judge Certifies Class Action Accusing Goldman Sachs of Gender Discrimination
Apr 2 2018 // A federal judge ruled that women accusing Goldman Sachs Group Inc. of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit. The decision late...
Insurtechs Continue to Perform Miracles for Policyholders
Apr 1 2018 // APRIL 1, 2018— The competition among insurtechs trying to make their insurance customers “deliriously happy” continues to evolve with the latest news that one insurer is paying claims before they even...
New York Court Affirms Gas Company on the Hook for Environmental Cleanup Costs
Mar 29 2018 // The New York Court of Appeals has ruled that KeySpan Gas East Corporation is responsible for costs to clean up environmental contamination caused by manufactured gas plants owned by its predecessor during years when there...
New York Copter Straps That Trapped Riders May Have Also Cut Fuel
Mar 27 2018 // The pilot of the photo-tour helicopter that crash-landed in New York’s East River this month said a safety tether designed to keep passengers inside the open-door flight may have accidentally shut off the...
New York’s Broome Co-operative Taps New Leadership After CEO’s Retirement
Mar 22 2018 // Broome Co-operative Insurance Company, a Vestal, N.Y.-based regional property and casualty insurance company, has announced two senior leadership changes following the retirement of President and CEO Steven...
Judge Says President Trump Not Immune to Defamation Suit Over ‘Unofficial Conduct’
Mar 21 2018 // A New York state judge on Tuesday said U.S. President Donald Trump must face a defamation lawsuit by a woman who accused him of sexually harassing her after she appeared on his former reality TV show. The decision by...
New York’s Senators Call for Probe of FAA Approval of Doors-Off Flights
Mar 20 2018 // New York’s senators are calling for a probe into how “doors-off” helicopter sightseeing flights and the tight harness systems were ever approved by the Federal Aviation Administration in the first...
FAA Grounds ‘Doors-Off’ Helicopter Tours After New York Crash
Mar 19 2018 // Federal aviation regulators are grounding “doors-off” helicopter tour flights in which passengers are tethered to the aircraft as a result of the March 11 crash in New York that killed five people. The Federal...
Business Moves
Mar 19 2018 // Hub, Der Manouel Hub International Ltd. has acquired the assets of Fresno, Calif.-based Der Manouel Insurance & Financial Services Inc. Terms of the deal were not disclosed. DMIG’s leadership team and staff will...
Pilot Reported Engine Failure as Helicopter Crashed in New York City
Mar 16 2018 // A Texas firefighter, an Argentine woman and a video journalist were among five passengers killed when a helicopter plunged into New York City’s East River, with the pilot reporting the engine had...
Starr Companies Named Commercial Insurance Company of the New York Yankees
Mar 15 2018 // Starr Companies, a global insurance and investment organization, has entered into a multi-year sponsorship agreement with the New York Yankees of Major League Baseball. This sponsorship names Starr Companies as the...
PIA Management Services Hires Csizmadia and Lillie in New York
Mar 15 2018 // PIA Management Services Inc. has hired Kimberly Csizmadia of Cohoes, N.Y., and Ashley Lillie of Canaan, N.Y. Csizmadia works in the PIA Industry Resource Center, and Lillie works in the Member Services Department. As the...
Fatal Copter Tour Flew Under Looser Rules of Crop-Dusters
Mar 15 2018 // The open-door helicopter tour in which five people died in a crash landing in the East River off Manhattan on Sunday was operating under safety restrictions reserved for photography flights that are looser than those for...
GEICO to Comply with New York Reg Banning Discriminatory Auto Insurance Rates
Mar 14 2018 // A third major automobile insurance company in the New York market has reached agreement with the New York Department of Financial Services (DFS) in compliance with the department’s final regulation prohibiting...
Flaws in AMD Chips Make Them Vulnerable to Hacks: Israeli Cyber Security Firm
Mar 14 2018 // An Israeli cyber security research firm with six employees on Tuesday said it had found flaws in Advanced Micro Devices microprocessors that made them vulnerable to hacks. AMD said it was investigating the claims, which...
New York Life Sues North Carolina Woman For Insurance Fraud
Mar 14 2018 // An insurance company is suing a North Carolina woman, saying it has paid nearly $390,000 for a chronic disease, only to learn she has been traveling freely. The Charlotte Observer reported Cynthia McCullough told her...
Uber, Lyft and New York Loss Transfer
Mar 13 2018 // Ridesharing has officially arrived in New York, and confusion over New York no-fault insurance and PIP Loss Transfer has arrived with it. On June 29, 2017, the New York State Assembly approved and Governor Andrew Cuomo...
SEC Sides with New York Comptroller in Express Scripts Cyber-Risk Spat
Mar 12 2018 // New York State Comptroller Thomas DiNapoli scored a victory against Express Scripts Holding Co. in his push to force increased disclosures of the firm’s efforts to mitigate cyber risks. The prescription-benefits...
Northeast Digging Out from Deep Snow as Power Outages Continue
Mar 9 2018 // The Northeast is digging out from its second powerful nor’easter in less than a week that left behind some areas with more than 2 feet of snow, hundreds of thousands without power, school closures and travel...
