Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Risk Strategies Acquires New York’s Prince Associates
Nov 9 2023 // National specialty broker Risk Strategies has added a Long Island commercial lines agency to its roster. Boston-based Risk Strategies announced its acquisition of Prince Associates, Inc., a multi-line retail independent...
Two-Thirds of North America Could Face Power Shortages This Winter
Nov 9 2023 // More than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter due to lacking natural gas infrastructure, the North American...
Gallagher to Buy Evans Bank Insurance Operations in Western New York for $40 Million
Nov 8 2023 // Western New York’s Evans Bancorp, Inc. has agreed to sell its insurance agency operation, The Evans Agency, to global insurance broker Arthur J. Gallagher & Co. for $40 million. The net gain on sale, on an...
New York No-Fault Fraudster Pleads Guilty, Agrees to Pay $40M in Restitution
Nov 7 2023 // A man whom federal prosecutors in New York say was the mastermind behind a $40 million automobile insurance fraud scheme pleaded guilty on Friday to bribery, health care fraud and identify theft charges. Alexander...
Supreme Court to Hear Free Speech Complaint by NRA Against New York Regulator
Nov 6 2023 // The U.S. Supreme Court last Friday agreed to hear an appeal by the National Rifle Association of a case in which it accuses a New York insurance regulator of violating its free speech rights when she urged insurance...
Gas Explosion Injures 10 at Building North of New York City
Nov 6 2023 // A gas explosion collapsed part of a brick multifamily building north of New York City, trapping victims in the rubble and injuring 10 people, according to officials. There were no fatalities in the Thursday afternoon...
People & Places
Nov 6 2023 // National Edward Dandridge American International Group, headquartered in New York, New York, hired Edward Dandridge as executive vice president and chief marketing and communications officer. During his tenure at AIG,...
Uber Settles New York State Claims Related to Unemployment Benefits for Drivers
Nov 3 2023 // Uber Technologies has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain unemployment benefits, New York Governor Kathy Hochul said on...
Uber to Pay $290M, Lyft $38M to Settle New York Wage Theft Claims
Nov 2 2023 // Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits. Attorney General Letitia James...
New York Secures $13.75M From Title Insurer for Illegal No-Poach Agreements
Nov 2 2023 // New York Attorney General Letitia James announced an agreement with one of the nation’s largest title insurance companies to end its poaching agreements with competitors. The insurer, First American Financial Corp.,...
Trump Siblings to Testify in New York Civil Trial
Nov 1 2023 // Ivanka Trump’s testimony at her father’s New York civil fraud trial is being delayed until next week so there is sufficient time for her to be questioned, a judge said Monday. Former President Donald...
New York State Distributes $190M in Opioid Settlement Funds
Nov 1 2023 // Governor Kathy Hochul announced that New York has made available approximately $192.8 million provided in the first year of the opioid settlement agreements to support a variety of prevention, treatment, harm reduction,...
7 Firms Settle With EPA Over Alleged Underground Storage Tank Violations
Oct 31 2023 // The Environmental Protection Agency (EPA) has taken action against several companies including gas station operators in New Jersey, New York and the U.S. Virgin Islands to address alleged violations of federal laws...
Marsh & McLennan Cos. Intends to Delist From London Stock Exchange
Oct 30 2023 // Marsh & McLennan Companies Inc. gave notice of its intention to delist from the London Stock Exchange. Marsh & McLennan explained the action by saying that the majority of trading in the company’s securities...
A Decade After Superstorm Sandy, 2 Major Flood Control Projects Begin in New Jersey
Oct 30 2023 // A decade after they were first envisioned in the aftermath of Superstorm Sandy ‘s destruction, two of the largest flood control projects designed to protect the densely populated cities of New Jersey that lie just...
Courts Find ‘How Many Apartment Units Are There?’ Is an Ambiguous Question
Oct 27 2023 // Because its application question about how many apartments were in a New York building was considered ambiguous, an insurer has lost its bid to deny a commercial property insurance claim and rescind the policy. The Second...
RMS Brokerage Acquires Clancy & Clancy in New York
Oct 26 2023 // RMS Insurance Brokerage, LLC announced that it has acquired Garden City, New York-based Clancy & Clancy Brokerage LTD (C&C). An independent insurance agency founded in 1956 by the late Maureen and Cummin Clancy,...
New York Fed to Present Research on Impact of Extreme Weather Events
Oct 26 2023 // The Federal Reserve Bank of New York announced it will release a nine-part blog series on the economic and financial impacts of extreme weather events in the Federal Reserve’s Second District. Starting November 8,...
New York Roofing Contractor Ordered to Provide Fall Protection for Workers
Oct 26 2023 // The U.S. Department of Labor has obtained a consent injunction ordering a Rockland County roofing contractor and its principal to provide employees with fall protection equipment and make sure it’s used at all...
Two New York Hospitals Resume Admitting Emergency Patients After Cyberattack
Oct 25 2023 // Two New York hospitals that were hit with a cyberattack have resumed admitting emergency patients after shutting down their computer systems to investigate, hospital officials said. The ambulance diversion ended Saturday...
