Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Fireworks Blamed for Fire That Destroyed New York Apartment Building
Jun 23 2020 // Fireworks may have started a fire that destroyed a three-story apartment building in Yonkers, injured 12 firefighters and left six families homeless, a fire department official said Sunday. The Journal News reported that...
A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor
Jun 23 2020 // Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works so hearing talk of big dollar figures is not unusual. Moore says he and...
Health Workers Processing Shock of Virus Fight, Uneasiness in Current Quiet
Jun 18 2020 // Outside a back door to a hospital where the coronavirus hit like a hurricane, a half-dozen staffers gathered recently to look back, and look inward. “I am still scared,” Dr. Gwen Hooley told her colleagues at...
N.Y. AG Urges Apple, Google to Protect Consumers Using Contact Tracing Apps
Jun 16 2020 // New York Attorney General Letitia James has urged Apple, maker of the iPhone, and Google, developer of the Android operating system, to take steps to protect consumer information and privacy as New Yorkers and Americans...
Supreme Court Bans Employment Bias Against Gay, Transgender People
Jun 15 2020 // The U.S. Supreme Court on Monday delivered a watershed victory for LGBT rights, ruling that a landmark federal law forbidding workplace discrimination protects gay and transgender employees. The 6-3 ruling represented the...
The Debate Between Business Owners, Insurers Over Business Interruption Claims Continues
Jun 15 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Business Moves
Jun 15 2020 // East Alera Group, Georgetown Insurance Services Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc. The Georgetown...
New York Charges Drugmaker Endo with Insurance Fraud Over Opioid Claims
Jun 11 2020 // New York state filed civil charges on Wednesday accusing Endo International Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, adding fuel to the nation’s opioid crisis. Governor...
New York DFS Launches Program to Drive Innovation Post-Pandemic
Jun 10 2020 // The New York State Department of Financial Services (DFS) has launched DFS FastForward, a new program to support innovators seeking to deliver new solutions in financial services, fintech, insurtech and healthtech for New...
New York’s ReSource Pro Hires Jain as Carrier Practice Leader
Jun 10 2020 // ReSource Pro has hired Anuj Jain as its Carrier Practice leader. In this role, Jain will be responsible for developing operational solutions for insurance carriers and accelerating ReSource Pro’s growth in the...
New York’s Williams & Williams Joins AssuredPartners
Jun 9 2020 // Williams & Williams Inc. of Smithtown, N.Y., has joined AssuredPartners. The staff of four, led by Glenn Williams, currently reports $1.2 million in annualized revenues. The partnership will strengthen...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon
Jun 8 2020 // There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors breached their fiduciary...
N.Y. Emergency Reg Requires Insurers to Expedite Claims Related to Civil Unrest
Jun 5 2020 // The New York State Department of Financial Services (DFS) has issued an emergency regulation requiring New York-regulated insurers to accelerate the claims process for businesses and individuals suffering damage as a...
Zaffino, AIG’s No. 2, Fights to Turn Around the House That Hank Greenberg Built
Jun 5 2020 // American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago. “I didn’t want any advice,” Zaffino, AIG’s president, said in a...
Businesses Hurt First by Coronavirus Then by Looting Have New Insurance Questions
Jun 5 2020 // Al’s, a sporting-goods store tucked in Wilmington, Delaware’s small shopping district, opened during the Great Depression, weathered World War II and has been able to keep workers on the job during the...
More Americans Traveling Abroad Won’t Leave Home Without Insurance
Jun 4 2020 // In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up to the hilt. U.S. travel insurers are seeing a surge in demand for...
Did Debate Over Business Income Insurance Just Get More Complicated?
Jun 4 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Amazon Sued Over Warehouses After N.Y. Worker Brings Coronavirus Home
Jun 4 2020 // Amazon.com Inc has been sued for allegedly fostering the spread of the coronavirus by mandating unsafe working conditions, causing at least one employee to contract COVID-19, bring it home, and see her cousin die. The...
Insurers Prepare for Claims as East States See Property Damage from Civil Unrest
Jun 4 2020 // Scenes that played out over the past few days in several East region states are serving as a stark reminder for the insurance industry of civil unrest that took place in New York and other U.S. states more than 50 years...
Chaos and Destruction as New York City Protest Turns Violent
Jun 1 2020 // An initially peaceful demonstration in New York City over the death of George Floyd, a black man killed by police in Minnesota, spiraled into chaos as night fell Friday, as protesters skirmished with police officers,...
