Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

Berkley One Expands into Florida, Ohio; Adds Flood Insurance in Select States

Jan 15 2019 // Berkley One, a startup insurance provider targeting the high net worth personal lines market, has expanded into Florida and Ohio. Working with select independent agents, Berkley One offers home, automobile, fine art and...

Feds to Examine Crashed Limo Three Months After Fatal New York Wreck

Jan 14 2019 // Federal investigators say they may recall employees furloughed under the government shutdown to start examining a limousine that crashed in upstate New York three months ago, killing 20 people. The National Transportation...

New York Fines Two Insurers $2.2M, Orders $8M in Rebates to Firefighters

Jan 11 2019 // The New York State Department of Financial Services (DFS) has fined Arch Insurance Company and National Union Fire Insurance Company of Pittsburgh, Penn., a combined total of $2.2 million in fines and ordered the insurers...

Acadia Insurance Appoints Morse as Regional VP, Branch Manager in New York

Jan 9 2019 // Acadia Insurance, a Berkley Company, has appointed Tim Morse as regional vice president and branch manager of its New York branch, effective January 1, 2019. He succeeds Joe Gresia, who on January 1, 2019, was appointed...

AXA XL Appoints Dicob to Excess Casualty Insurance Team in New York

Jan 9 2019 // AXA XL has appointed Andrew Dicob to its Excess Casualty Insurance team as leader for the U.S. Northeastern region. Based in New York and reporting to Donnacha Smyth, president of Global Excess Casualty, Dicob will work...

Cuomo Nominates Lacewell to Replace Vullo as Superintendent of New York DFS

Jan 8 2019 // New York Governor Andrew Cuomo has nominated his chief of staff and counselor Linda Lacewell as superintendent of the New York State Department of Financial Services (DFS). The appointment was announced by Governor...

Hub International Limited Acquires Assets of New York’s The Rubin Group

Jan 8 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of The Rubin Group Inc. Terms of the transaction were not disclosed. The Rubin Group President Michael Rubin, along with his team, will...

Exxon Bid to Halt Climate Change Probes Rejected by U.S. Supreme Court

Jan 7 2019 // The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company for decades concealed its knowledge of the role fossil...

NYC Street Collapses Amid Gas Line and Water Main Ruptures

Jan 7 2019 // A New York City street and sidewalk collapsed Friday into a 40-foot-wide crater near a construction site as a gas line exploded and a water main ruptured. Authorities said no one was injured in the afternoon incident at...

East States See Health, Flood Coverages as Key in 2019 with Insurtech, Recruitment Raising Concerns

Jan 7 2019 // From big data and blockchain to autonomous vehicles and new technology that isn’t yet on the radar, “change is inevitable” for the insurance industry in 2019. “Insurance companies, insurance...

Electric Scooters Have Been Burned, Buried and Butchered. They’re About to Be Regulated.

Jan 7 2019 // Thousands of new riders have embraced the electric pay-per-minute scooters that have proliferated on America’s streets. Other people have set them on fire, tossed them off buildings and decorated them with dog...

People

Jan 7 2019 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...

2019 Insurance Industry Meetings & Conventions Directory

Jan 7 2019 // 2019 CIWA Industry Days Jan 6-8 Hilton La Jolla Torrey Pines La Jolla, CA CIWA www.ciwa.net 2019 Big ‘I’ Winter Meeting Jan 9-12 Hyatt Regency St. Louis at the Arch St. Louis, MO Independent Insurance Agents...

New York Thruway Authority Sues Over Failed Wind Turbines

Jan 3 2019 // The New York Thruway Authority has filed a lawsuit against multiple companies over the failure of four wind turbines. The authority says in its lawsuit filed Thursday the turbines located along the Thruway in Erie and...

New York Transformer Explosion Lights Sky, Causes Power Outages

Dec 31 2018 // A transformer explosion at an electrical plant set the skies above New York City ablaze in an eerie, pulsing blue light Thursday night, causing scattered power outages, delaying flights and sparking a social media storm of...

Insurance Journal East’s Top Stories for 2018: Tax Cuts & Jobs Act, Auto Insurance, Mass. Gas Explosions

Dec 31 2018 // As Insurance Journal looks back on the most popular stories of 2018, its readers in the East region showed interest in a variety of topics from auto insurance to the September gas explosions in Massachusetts to state...

Chamber’s List of 2018’s ‘Top 10 Most Ridiculous Lawsuits’

Dec 31 2018 // A lawsuit targeting California coffee houses for not including warning labels on their products tops the U.S. Chamber Institute for Legal Reform’s (ILR) list of the Top 10 Most Ridiculous Lawsuits of 2018. This...

Major Newspapers Hit by Cyber Attack

Dec 30 2018 // A cyberattack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major U.S. newspapers, including ones owned by Tribune Publishing Co such as the Chicago Tribune and Baltimore...

Plymouth Rock to Acquire MAPFRE Insurance Company of New York

Dec 27 2018 // The New York State Department of Financial Services (DFS) has approved an application by Plymouth Rock Assurance Corporation to acquire MAPFRE Insurance Company of New York, a New York domestic property and casualty...

Feds Upset Over Lack of Access to Limo in Fatal New York Wreck

Dec 27 2018 // The National Transportation Safety Board told a New York prosecutor she has hampered the agency’s efforts to determine the cause of the limousine crash that killed 20 people in her rural upstate county, the...