January 11, 2018
New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their “contributions to global warming,” as it said it would divest fossil fuel investments from its $189 billion public pension funds …
October 24, 2016
Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S. Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, …
March 20, 2013
New York Gov. Andrew Cuomo and the state’s Department of Financial Services announced the “bottom 10” banks with the worst statistics for paying out insurance claims to Superstorm Sandy victims. Officials said they have notified these banks to speed up …
January 25, 2013
New York Gov. Andrew Cuomo’s proposal to strengthen the state’s workers’ compensation system — officially introduced on Jan. 22 as part of his 2013-2014 executive budget — is getting a positive reception from insurance industry associations.The American Insurance Association (AIA) …
January 11, 2013
New York State Gov. Andrew Cuomo said this week his administration plans to introduce new legislation to continue to improve the workers’ compensation system and provide relief to thousands of businesses.The new proposals were included in the governor’s State of …
December 19, 2012
New York State Governor Andrew Cuomo this week has vetoed a bill concerning the Supplemental Uninsured/Underinsured Motorists (“SUM”) coverage. Gov. Cuomo struck down the bill, S.7787/ A.10784, this Monday, Dec. 17. Both chambers of the New York State legislature approved …
December 13, 2012
New York Gov. Andrew Cuomo announced Wednesday that major banks and mortgage servicers will take action to expedite insurance payments to New York homeowners in the wake of Superstorm Sandy. Currently, insurance claim checks must be endorsed by the banks …
April 24, 2012
New York Gov. Andrew Cuomo said the state is providing $8.5 million to Nassau and Suffolk counties on Long Island. The money will be used to pay expenses from damage done last year by Hurricane Irene and Tropical Storm Lee. …
April 13, 2012
Gov. Andrew Cuomo issued an executive order Thursday to establish a statewide health insurance exchange intended to reduce coverage costs for individuals, small businesses and local governments. The New York Health Benefit Exchange, a federally authorized and financed marketplace for …