Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
InsurTech NY Announces Launch of Insurance Collaboration Index
Oct 5 2021 // InsurTech NY, a resource for the InsurTech community in the New York metro area, announced the launch of its Insurance Collaboration Index. Based on input from InsurTech executives, the index scores insurance and...
New York Plastics Plant Settles Claim Over Polluted Drinking Water
Oct 4 2021 // A plastics company in upstate New York agreed to pay $23.5 million to settle a class-action lawsuit claiming it knowingly polluted well water with a toxic chemical. The Times Union reports the proposed settlement, agreed...
Allstate Completes Sale of Life Insurance Company of New York
Oct 4 2021 // The Allstate Corp. moved closer to its complete exit from the life insurance and annuity business with the closing of the sale of its Allstate Life Insurance Company of New York to Wilton Re for approximately $400...
Longtime New York City Contractor Indicted for $1M Insurance Fraud
Sep 30 2021 // Manhattan District Attorney Cyrus R. Vance Jr. and New York City Department of Investigation (DOI) Commissioner Margaret Garnett announced the indictment of Dragonetti Brothers Landscaping, Nursery, & Florist (DBLNF)...
New York City to Hire Forecaster, Beef Up Warnings After Ida Flooding
Sep 29 2021 // New York City is planning to hire a private weather forecaster, install more drainage features and issue earlier and more aggressive warnings to residents under a new plan to respond to heavy rainfall like the deadly...
Sotheby’s Must Face New York Claims It Helped Rich Collector Dodge Taxes
Sep 29 2021 // Sotheby’s must face a lawsuit by New York’s attorney general accusing the auction house of fraudulently helping a wealthy art collector dodge millions of dollars of sales taxes, a state judge has ruled. The...
New York Announces New Consumer Protections in Public Adjusters Regulation
Sep 27 2021 // New York State Department of Financial Services (DFS) Acting Superintendent Adrienne A. Harris announced new consumer protections in New York’s public adjusters regulation, which will become effective October 8. The...
Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme
Sep 24 2021 // A former insurance broker is going to prison for defrauding insurance companies and individual investors out of more than $1 million. U.S. Attorney James P. Kennedy, Jr. announced that Brian Bartz of Rochester, New York,...
New York’s Bolton Street Programs Rebrands, Implements New Technologies
Sep 24 2021 // Bolton Street Programs, a new Woodbury, New York-based program administrator that creates and administers affinity programs, is working to integrate insurtech, resinsurance, E&S options and loss control throughout its...
Broker/Fintech Provider Acrisure Buys New York-Based Tempo Title
Sep 22 2021 // Acrisure, the global insurance broker and fintech services provider, announced it has entered the real estate services business through its acquisition of Tempo Title, one of the largest private title insurance and...
Arthur J. Gallagher & Co. Acquires New York’s Lloyd Bedford Cox
Sep 15 2021 // Arthur J. Gallagher & Co. acquired Bedford Hills, New York-based Lloyd Bedford Cox. Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing...
Judge Temporarily Blocks New York Vaccine Mandate for Healthcare Workers
Sep 15 2021 // A U.S. judge in New York on Tuesday temporarily blocked the state from enforcing a requirement that healthcare workers receive COVID-19 vaccines against the wishes of employees with religious objections. U.S. District...
New York County Worker Charged in Digital Currency Mining Scheme
Sep 14 2021 // An employee cost a New York county at least $6,000 in electricity bills by allegedly secretly installing dozens of machines at his workplace in a cryptocurrency scheme, authorities said Wednesday, announcing charges...
Drugmaker Endo Settles Opioid Claims by New York, Counties for $50M
Sep 13 2021 // Drugmaker Endo International Plc on Thursday said it has agreed to pay $50 million to resolve lawsuits by New York state and two of its largest counties related to the sale and marketing of opioids. Endo said the...
In New York City After Ida, Biden Calls Climate ‘Everybody’s Crisis’
Sep 9 2021 // President Joe Biden declared climate change has become “everybody’s crisis” as he toured neighborhoods flooded by the remnants of Hurricane Ida, warning it’s time for America to get serious about...
New York Governor Hochul Signs Request for Expedited Major Disaster Declaration
Sep 8 2021 // Following her visits to communities impacted by flooding from Hurricane Ida, New York Governor Kathy Hochul signed a request to President Biden for an expedited major disaster declaration. With presidential approval, the...
Former Advisor to President Obama to Become New York’s Top Financial Regulator
Sep 7 2021 // New York State Governor Kathy Hochul announced that Adrienne Harris has been nominated to lead the New York State Department of Financial Services (DFS) as its next superintendent. Formerly a top economic advisor to...
DFS Directs New York Insurers to Expedite Tropical Depression Ida-Related Claims
Sep 7 2021 // The New York State Department of Financial Services (DFS) has issued a circular letter to New York-regulated insurers to expedite Tropical Depression Ida-related insurance claims. On September 1, 2021, the remnants of...
New York, New Jersey Declare Emergencies, At Least 9 Reported Dead in Record Rains
Sep 2 2021 // The governors of New York and New Jersey declared a state of emergency late on Wednesday as record-breaking rains from tropical storm Ida led to flooding and hazardous conditions on the roads, with media reporting at least...
New York Volunteer Firefighter Killed by Reversing Fire Truck
Aug 30 2021 // A volunteer with the Hartland fire company was killed on Tuesday evening when a fire truck she was helping to direct reversed into her, authorities said. The Niagara County Sheriff’s office said several fire...
