Latest New York Headlines

Insurers and Agents Applaud New York Auto Rating Change

Jun 26 2008 // Trade groups for New York insurers and agents alike are praising a recently passed bill by state lawmakers that will allow auto insurers to raise or lower their rates by 5 percent over the course of a year without first...

McFadden Joins Lockton in New York

Jun 20 2008 // Lockton Cos. has named Michael McFadden executive vice president for the company’s New York operations. McFadden, 42, will specialize in providing transaction-related insurance products and employee benefit due...

New York Police Arrest 13 Suspects in Car Insurance Fraud Scheme

Jun 19 2008 // Police in New York say 13 people staged minor car accidents to get thousands of dollars’ worth of unnecessary medical treatment from four Bronx clinics. The 13 people were arrested Tuesday on insurance fraud and...

McCarthy to Lead Willis’ Construction, Real Estate Claims

Jun 19 2008 // Willis Group Holdings Limited appointed Gerry McCarthy as senior vice president, and regional director of construction and real estate claim teams of Willis of New York Inc. McCarthy’s responsibilities include...

Upstate New York Company Charged with Workers’ Comp Fraud

Jun 18 2008 // An upstate New York trucking company is accused of underreporting its payroll by $2.2 million, costing the state Insurance Fund more than $300,000 in lost workers’ compensation premiums. The state Insurance...

New York Workers’ Comp Board Targets Workplace Safety for Teens

Jun 17 2008 // The New York Workers’ Compensation Board said it will expand a program to promote job safety for teenage workers. The program is a partnership with the Department of Labor where the board refers to the department...

Jun 16 2008 // Declarations “I’m bitterly disappointed in the lack of a result.” — Connecticut Prosecutor John Malone commenting on the mistrial against David Wilcox. Wilcox, a 72-year-old trucking company owner,...

‘Self-Certified’ New York City Building Plans Rife With Violations

Jun 16 2008 // More than eight in 10 building plans vetted by architects and engineers — instead of city inspectors — violate zoning rules, New York City reviews of the plans found. The Buildings Department recently checked 869 of...

New York and German Regulators Sign Insurance Pact

Jun 13 2008 // Insurance officials in New York and Germany have inked a deal to work together and more closely share regulatory information. The agreement is the basis for a memorandum of understanding signed yesterday by New York...

New York City Facing $497 Million in Claims from Crane Mishap

Jun 13 2008 // New York City has received more than $497 million of claims for personal injury, property damage and wrongful death due to a construction crane collapse on Manhattan’s East Side on March 15, the city comptroller said...

Wall Collapse Leads to Manslaughter Charge for New York Contractor

Jun 12 2008 // A New York construction contractor has been indicted on a manslaughter charge in connection with a Brooklyn wall collapse that killed a worker in March. The Brooklyn district attorney says the contractor, William Lattarulo...

Lloyd’s Analyzes Collapsing Cranes

Jun 11 2008 // Lloyd’s asks: “How safe are cranes? And will the recent spate of accidents involving them increase rates for policyholders?” A major indication of a booming construction industry is the number of cranes...

N.Y. AG Cuomo Wants Ex-AIG CEO Greenberg to Answer Questions

Jun 10 2008 // New York Attorney General Andrew Cuomo has tried to block a request by the former head of American International Group Incto delay a deposition on three-year-old allegations of financial misconduct. Former AIG CEO Maurice...

NYC Crane Collapse Probe Focuses on Repair of Worn-Out Part

Jun 5 2008 // New York investigators are examining how a worn-out part was taken off a construction crane last year, rebuilt and installed on another crane, which collapsed last week in an accident that killed two workers. A failed weld...

Administrator CRM Goes Bust with New York Workers’ Comp Trusts

Jun 4 2008 // CRM Holdings, which had been a major third party administrator for self-insured workers’ compensation trusts in New York, will surrender its trust license by the end of the summer as part of a settlement reached with...

After NYC Collapse, Experts Say Cranes Aren’t Tested Enough

Jun 2 2008 // The towering cranes that build America’s skyscrapers are often not properly inspected for wear, fatigue and other potentially dangerous structural problems, several construction safety experts said following a deadly...

Safety Summit Follows Deadly NYC Crane Collapse

Jun 2 2008 // New York City Buildings Department officials gathered for an emergency safety summit Saturday after the city’s second deadly crane collapse in recent weeks, while lawmakers warned of dangers in New York’s...

New York Crane Collapse Kills At Least 1

May 30 2008 // A construction crane in New York City fell and smashed into a neighboring apartment building during the morning rush hour, killing at least one person – the crane’s operator – and ripping apart much of...

New York Jury Awards $17.5M to Former Rochester Patient

May 29 2008 // A jury says a Rochester, New York hospital should pay about $17.5 million to a 37-year-old woman who claimed that surgical errors by doctors damaged her organs during a Caesarean delivery. The state Supreme Court jury...

New York Senate Bill Bans Texting While Driving

May 28 2008 // The New York Senate has passed legislation that would prohibit drivers from reading, writing or sending text messages while driving in the Empire State. The law modifies earlier legislation that bans cell phone use while...