Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Bans Use of Toxic Chemical in Firefighting Foam
Jan 14 2020 // New York plans to restrict the use of firefighting foam that contains certain chemicals that have the potential to contaminate groundwater. Firefighting foam can contain polyfluoroalkyl substances, or PFAS, which are...
New York Won’t Appeal Its Defeat in Exxon Climate Trial
Jan 13 2020 // New York won’t appeal a ruling by a judge who rejected the state’s claim that Exxon Mobil Corp. misled investors for years about the oil giant’s internal planning for risks associated with climate...
Why It’s Not So Easy Getting Insurers to Defend in Sexual Harassment Cases
Jan 13 2020 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...
Leaning on Doors? Report Says NYC Subway Cars Cut for Safety
Jan 10 2020 // Nearly 300 of New York City’s new subway cars were removed over concerns that the doors could open while the trains were in motion, The New York Times reported Wednesday. The 298 cars on the A, C, J and Z lines were...
New York Governor Lays out Aggressive Climate Change Plan
Jan 9 2020 // New York Gov. Andrew Cuomo is proposing an aggressive climate change-fighting campaign for his state that includes a $3-billion bond act that would be put on the ballot this November. Cuomo, who says that money would go to...
InsurTechNY Opens Application Window for 2020 InsurTech Startup Competition
Jan 7 2020 // InsurTechNY, an InsurTech community in the New York metro area spanning carriers, brokers, startups and investors, has opened the application window for the 2020 InsurTech Startup Competition. The competition has two...
New York’s Frenkel & Company Completes Transition to EPIC Brand
Jan 6 2020 // Edgewood Partners Insurance Center, which operates as EPIC Insurance Brokers and Consultants (EPIC), has announced that Frenkel & Company, a New York, N.Y.-headquartered, full-service independent insurance broker...
Arthur J. Gallagher & Co. Acquires New York’s Walsdorf Agency
Jan 3 2020 // Arthur J. Gallagher & Co. has acquired Huntington, N.Y.-based Walsdorf Agency Inc. Terms of the transaction were not disclosed. Founded in 1926, Walsdorf Agency is a third generation, family owned commercial and...
Homeland Security Balks at State Laws on Immigrant Drivers’ Licenses, Data Sharing
Jan 3 2020 // The acting secretary of Homeland Security is taking aim at new laws in New York, New Jersey and other states that allow immigrants to get driver’s licenses without proof they are in the U.S. legally, and restrict...
Insurance Journal’s Top 10 East Region Stories of 2019
Jan 2 2020 // A new year is a time of reflection for some, and last year, the city of Boston began 2019 by reflecting on an important piece of the city’s history: the 100-year anniversary of The Great Molasses Flood. The flood,...
New Years Eve – Some Risk Management Thoughts
Jan 1 2020 // On this first day of the year, I think it’s time to introduce a new seasonal them; the holiday risk management edition. Last night, people celebrated the New Year in all of the traditional ways. One of those...
Federal Disaster Aid Coming to 18 New York Counties Hit by Storm
Dec 27 2019 // Federal disaster aid is coming to 18 upstate New York counties that endured severe thunderstorms and flooding on Halloween, U.S. Senators Charles Schumer and Kirsten Gillibrand announced Friday. The Federal Emergency...
It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases
Dec 24 2019 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...
New York Tweaks Clean Water Plan as Suppliers Call for More Time
Dec 24 2019 // New York would not issue violations against certain water suppliers who notify the public that they have too-high levels of certain industrial and synthetic chemicals under the latest plan to be proposed by state...
Plymouth Rock Assurance Expands Home, Auto Coverage to New York
Dec 24 2019 // Plymouth Rock Assurance, a data-driven home and auto insurance provider in the Northeast, has expanded its home and auto insurance coverage to residents and agents in New York. This marks the first time the 37-year old...
Top 10 Most Ridiculous Lawsuits of 2019: U.S. Chamber
Dec 18 2019 // A lawsuit over the tiny amount of lip balm at the bottom of the tube came in number one on the U.S. Chamber of Commerce’s list of the Top 10 Most Ridiculous Lawsuits of 2019. This year’s list also features...
Holiday Parties for Health, Liability-Conscious Wall Street Firms Feature Smoothies, Yoga
Dec 18 2019 // Fruit smoothies may become the new martini for Wall Street holiday parties. Banking and trading firm BTIG LLC, for example, cut alcohol from its annual employee celebration on Dec. 12 at its New York offices. Instead,...
Cigna Sells Group Disability Insurance Business to New York Life in $6.3 Billion Deal
Dec 18 2019 // Health insurer Cigna Corp. said on Wednesday it had agreed to sell its disability insurance and accidental death coverage unit for company employees to New York Life Insurance Co for $6.3 billion. The company said it...
Weinstein Deal Seen as ‘Wake-Up Call’ for Companies But Punishing to Some Victims
Dec 17 2019 // A tentative $25 million settlement revealed last Wednesday to end nearly every sexual misconduct lawsuit brought against Harvey Weinstein and his former film studio’s board has been praised by a plaintiff and some...
Special Report: The Charity Issue – Photos of Giving
Dec 16 2019 // Frank Winston Crum Insurance FWCI has an enterprise philosophy of philanthropy with a primary focus on helping people who cannot help themselves. FWCI has supported the Tampa Bay community for more than a decade with a...
