Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York City Coronavirus Rule Violations Net $150K in Fines
Oct 13 2020 // New York City handed out 62 tickets amounting to more than $150,000 in fines during a weekend crackdown on violators of newly imposed restrictions in coronavirus hot spots, the city government Twitter account said...
InsurTech NY Announces Its 2020 Accelerator Cohort
Oct 13 2020 // InsurTech NY, an InsurTech community in the New York metro area, has announced its growth-stage InsurTech accelerator cohort. The 22 startups were selected to participate in its insurance carrier and broker sponsored...
Calls for Reform Revived Over More Than A Century Old New York Law
Oct 8 2020 // A coalition of business advocacy and local government groups have renewed calls for reform to a New York law that has been on the books since the late 1800s. New York State Labor Law sections 240/241, known as the Scaffold...
NTSB Urged to Send Investigator to Scene of Fatal Plane Crash
Oct 8 2020 // Two members of Congress from New York called on the National Transportation Safety Board to reverse its decision not to send an investigator to the scene of a small plane crash that killed a prominent attorney and his...
Seaplane Crashes Into New York City Pier, Killing One and Injuring Two
Oct 7 2020 // A single-engine seaplane skipped twice on the water of Long Island Sound while landing and crashed on top of a concrete pier in Queens, killing a passenger and sending the pilot and another passenger to the hospital with...
Feds Fault Operator, Regulators in New York Limo Crash That Killed 20
Oct 6 2020 // State regulators repeatedly failed to properly oversee a poorly maintained stretch limousine with corroded brakes that hurtled down a hill at more than 100 mph and crashed in a ravine, killing 20 people, federal...
World Insurance Associates Acquires New York’s Paul Global Benefits
Oct 6 2020 // World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the transaction were not disclosed. PGB is an employee benefits consulting firm...
Declarations
Oct 5 2020 // Utah Fires “I guess the only positive thing is next year there won’t be anything left to burn.” — Rep. Brad Last, R-Hurricane, commenting on Utah’s wildfire season, which has broken records...
Distinguished Programs Hires Guerrero as Regional Sales Executive in New York
Oct 1 2020 // Distinguished Programs, a national insurance program manager, has hired Brando Guerrero as a regional sales executive in New York. In this role, Guerrero will oversee growth/broker partners in Manhattan, the Hudson Valley...
U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses
Sep 28 2020 // Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments...
New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index
Sep 25 2020 // New York again heads the rankings of the world’s leading global financial centres. The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute...
New York Drywall Installer Arrested for Failing to Provide Workers’ Comp Insurance
Sep 25 2020 // New York State Inspector General Letizia Tagliafierro has announced the arrest of a capital region area drywall installer who allegedly failed to provide legally required workers’ compensation insurance to his...
New York, California Could be Fastest Growing States for Renewables
Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report. The report depicts a “a credit positive for renewable energy developers” in...
Reliance Global Group Acquires New York’s UIS Agency
Sep 24 2020 // Reliance Global Group Inc. has acquired the assets of UIS Agency LLC, a Thiells, N.Y.-based insurance agency serving the commercial transportation industry. Reliance Global Group CEO Ezra Beyman said in a company press...
Beazley Beefs Up Executive Risk Team in U.S. with 6 More Recruits
Sep 22 2020 // Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives. Elizabeth...
New York Calls on Insurers to Address Climate-Related Financial Risks
Sep 22 2020 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these...
Music Festivals Testing ‘Bubble’ Strategies to Bring Back Outdoor Events
Sep 22 2020 // A 200-strong coterie of mostly men gathered in the Poconos Mountains earlier this month to engage in what some regard as this pandemic era’s ultimate taboo: a bacchanalian party. The Utopia music festival took place...
California Burnin’ – a Warning Against One-Party Rule: Opinion
Sep 22 2020 // “California, folks, is America fast forward.” Thus said Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a...
Three Suffer Minor Injuries When New York City Subway Hits Debris and Derails
Sep 22 2020 // Three passengers suffered minor injuries Sunday when a New York City subway train derailed after hitting construction debris that had been thrown onto the tracks, authorities said. The derailment happened at about 8:15...
Business Moves
Sep 21 2020 // National Carlyle, Alera Group New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a...
