Latest New York Headlines

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

Construction Company Indicted for Wage Theft, Insurance Fraud in New York

Jul 26 2018 // CRV Precast Construction LLC (CRV) and six of its employees have been indicted for misclassifying workers as lesser-skilled, underpaying them and falsifying information about payroll and employees, including a worker who...

Burns & Wilcox Hires Cunningham to New York City Office

Jul 25 2018 // Burns & Wilcox, a wholesale insurance broker and underwriting manager, has hired Jeffrey R. Cunningham to its New York City office as a senior broker in its Environmental Insurance practice. Cunningham previously...

EPIC Insurance Brokers & Consultants Hires D’Agostino in New York City

Jul 24 2018 // EPIC Insurance Brokers & Consultants, a retail property and casualty and employee benefits insurance brokerage and consulting firm, has announced that Lou D’Agostino and his Iron Cove Partners team have joined...

GEICO Board of Directors Promotes Connor to VP of New York, New Jersey Offices

Jul 23 2018 // The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J. Connor had served as assistant vice president of...

New York’s Global Warming Suit Against Oil Companies Tossed

Jul 20 2018 // A U.S. judge threw out New York’s lawsuit seeking to hold five of the world’s biggest oil companies financially responsible for contributing to climate change. U.S. District Judge John Keenan dismissed the...

Cook Maran & Associates Acquires New York’s Joseph P. Price Agency

Jul 19 2018 // Cook Maran & Associates, a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP), has acquired Joseph P. Price Agency (Price). Price is a Long Island,...

Business Council Touts Workers’ Comp Savings in New York

Jul 17 2018 // The Business Council of New York State Inc. has touted the newly approved 11.7 percent reduction in loss cost rates, which are the basis for setting workers’ compensation premiums for 2019, as being significant...

KBW Hires Sarkar to Its Insurance Investment Banking Group in New York

Jul 17 2018 // Keefe, Bruyette & Woods Inc. (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector and a wholly owned subsidiary of Stifel Financial Corp., has hired Rajib...

Report from New York Health Officials Calls for Pot Legalization

Jul 16 2018 // Proposals to permit recreational marijuana use in New York state took a big step forward Friday when state health officials issued a long-awaited report concluding that the benefits of legalization outweigh the risks. The...

BNC Insurance Agency Acquires New York’s Murray, Schoen & Homer

Jul 13 2018 // BNC Insurance Agency, Inc (BNC), an independently owned retail brokerage firm with headquarters in Rye Brook, N.Y., has acquired Murray, Schoen & Homer, Inc (MSH), also located in Rye Brook, N.Y. Terms of the...

Ascot Brings On Navigators’ Piazza to Head New U.S. Marine Insurance Team

Jul 12 2018 // Specialty insurance underwriter Ascot Group has appointed a new U.S. marine insurance team led by Chris Piazza as executive vice president and head of U.S. Marine Insurance. Piazza will lead all aspects of Ascot’s...

Alliant Hires Andrews to Employee Benefits Group in New York

Jul 12 2018 // Alliant has hired Greg Andrews to its Employee Benefits Group as senior vice president in New York. With Alliant continuing to grow its employee benefits presence in the Northeast, Andrews will provide customized benefits...

New York, New Jersey PATH Stations to Close on Weekends to Meet Safety Goal

Jul 9 2018 // Several PATH rail stations will close on weekends during the next four months to accommodate work on installing a federally required emergency braking system. The Port Authority of New York and New Jersey said its World...

Jury Convicts Press Release Hackers Involved in Illegal Trading Scheme

Jul 9 2018 // A federal jury in Brooklyn, New York on Friday convicted two men for their roles in an international scheme to make millions of dollars by illegally trading on corporate press releases that were stolen by computer hackers...

Affinion Group to Sell Insurance Division to Affiliate of New York’s Mill Point Capital

Jul 5 2018 // Affinion Group LLC, a subsidiary of Affinion Group Holdings Inc., has entered into a definitive purchase agreement to sell its insurance division, Affinion Insurance Solutions (AIS), to an affiliate of Mill Point...

NYC Drivers for Uber, Other Apps to Get Vision Care Coverage

Jul 2 2018 // Drivers for car services and ride-hailing apps like Uber and Lyft are usually on their own when it comes to buying health insurance, but starting Sunday in New York they will now be able to get coverage for vision care as...

Effective Coverage Acquires New York’s Bungalow Insurance

Jul 2 2018 // Effective Coverage has acquired Brooklyn, N.Y.-based BungalowInsurance.com, an online renters insurance platform geared toward the modern generation. Effective Coverage, a specialty provider of renters insurance and...

People

Jul 2 2018 // The Hanover Insurance Group Inc. has appointed Frank M. Baron as president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group. In this role, Baron will lead the...

New York Attorney General Leads Suit Against U.S. Environmental Protection Agency

Jul 2 2018 // New York Attorney General Barbara D. Underwood, joined by Attorneys General Xavier Becerra of California and Brian Frosh of Maryland, has led a lawsuit against the United States Environmental Protection Agency (EPA) for...

Lloyd’s Index Shows $92B at Risk in North American Cities Each Year

Jul 2 2018 // Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s shows. Lloyd’s newly issued City Risk Index, which produces...