Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Business Moves
Oct 1 2018 // Marsh & McLennan, JLT Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about $5.7 billion to expand its global offering of reinsurance and consulting services. New York-based Marsh said the purchase...
Frenkel & Company Hires Ferber as a Principal in New York
Sep 28 2018 // Frenkel & Company, an EPIC Company, has hired Joseph Ferber as a principal in New York. Ferber will report to Phil Remig, Northeast region senior vice president of Operations and Sales. In his new role, Ferber will be...
Frenkel Benefits Hires Tunno as a Principal in New York
Sep 27 2018 // Frenkel Benefits, an EPIC Company, has hired Nicholas Tunno as a principal in New York. Tunno will report to Phil Remig, Northeast region senior vice president of Operations and Sales. Tunno joins from the New York office...
Ex-Bookkeeper for New York Tourism Agency Admits to $220K Theft
Sep 24 2018 // The former longtime bookkeeper for an upstate New York tourism agency has pleaded guilty to stealing more than $200,000 from the organization. Kathryn Price pleaded guilty to grand larceny and criminal tax fraud Wednesday...
The State of NAIC’s Data Security Model Law
Sep 21 2018 // Powered by InsuranceJournal.tv Most states have yet to adopt a cyber security model law for the insurance industry like the one approved by the National Association of Insurance Commissioners in 2017, but one expert...
Government Ends Criminal Case Over GM Handling of Ignition Switch Defect
Sep 20 2018 // A federal judge in New York on Wednesday dismissed a criminal case brought against General Motors Co. in 2015 over the largest U.S. automaker’s handling of an ignition-switch defect linked to 124 deaths. U.S....
New York’s Ethos Specialty Insurance Services Appoints Cline as President, CEO
Sep 18 2018 // Ethos Specialty Insurance Services (Ethos), Ascot Group’s New York-based MGU platform, has appointed Rory Cline as president and CEO. Cline takes the helm from his current role as chief underwriting officer, having...
Professional Insurance Agents of New York Elects Ferris President
Sep 17 2018 // The Professional Insurance Agents of New York (PIANY) has elected Jamie A. Ferris as president at a meeting of the association’s board of directors at PIANY headquarters in Glenmont, N.Y. Ferris is president of P.W....
People
Sep 17 2018 // Pryor Cashman hired insurance coverage attorney Christopher Loeber in the firm’s New York office to lead the newly-created Insurance Recovery and Counseling practice. With more than 20 years of experience, Loeber...
State Farm to Cut Rates in New York
Sep 17 2018 // State Farm Mutual Automobile Insurance Co. has announced plans to cut its rates in New York state. As a result, the company’s overall personal auto rate in New York will drop by 3.4 percent. The total statewide...
Former Postal Worker Charged in N.Y. for Falsely Obtaining $160K in Disability Benefits
Sep 17 2018 // A former motor vehicle operator for the United States Postal Service (USPS) has been charged with making false statements to obtain federal employees’ disability compensation, according to a complaint unsealed in...
New York Challenges Federal Ruling Allowing Fintechs to Skirt State Regulation
Sep 14 2018 // New York state’s top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies. Maria...
EPIC Insurance Brokers and Consultants Acquires New York’s Vanbridge
Sep 14 2018 // EPIC Insurance Brokers and Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Vanbridge LLC, a specialty insurance intermediary,...
Brexit Knocks London Off Its Top Financial Center Perch; New York Benefits
Sep 12 2018 // New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals, according to a survey. Britain’s capital fell to second place in the Global...
Arthur J. Gallagher & Co. Acquires New York’s United Dealer Services
Sep 7 2018 // Arthur J. Gallagher & Co. has acquired United Dealer Services LLC. Terms of the transaction were not disclosed. Based in Highland Mills, N.Y., United Dealer Services LLC is a retail insurance broker and program...
Marijuana Advocates Urge New York to Make It Legal, Affordable
Sep 7 2018 // Marijuana advocates told a New York panel considering legalization that it should be affordable and accessible to everyone rather than enriching corporate producers and state tax coffers. Of about 30 people who spoke at...
Pryor Cashman Hires Loeber as a Partner in New York City
Sep 6 2018 // Pryor Cashman has hired insurance coverage attorney Christopher Loeber to the firm’s New York office to lead the newly-created Insurance Recovery and Counseling practice. With more than 20 years of experience, Loeber...
Concord Specialty Risk Hires Paul in New York
Sep 6 2018 // Concord Specialty Risk has hired Rustin I. Paul Esq. as executive vice president of Reps and Warranty Insurance Underwriting, where he will have a leading role in the future of the firm’s Reps and Warranty Insurance...
Eleven Aboard Flight from Dubai Hospitalized in Apparent Flu Outbreak
Sep 6 2018 // Eleven people on an Emirates airline flight were taken to a New York City hospital suffering flu-like symptoms on Wednesday after scores of passengers and crew complained of feeling sick during a 14-hour trip from the...
Plane from Dubai Held at New York Airport; 100 Passengers Reported Ill
Sep 5 2018 // As many as 100 passengers and crew reported feeling ill on Wednesday during an Emirates flight from Dubai to New York, and health workers were evaluating them as the airplane sat on the tarmac of JFK International Airport,...
