Eliot Spitzer News

N.Y. Offers Towns Flood Prevention Money

Nine floods in four years is too much for New York officials, who have pledged $650,000 to help local governments battle future floods. The program, announced during a Flood Summit in Binghamton last month, includes funding for educational and training …

N.Y. Agents’ Group: Spitzer’s Fine Proposals Are Out Of Whack

Empire State lawmakers should reject increased fines for breaking insurance laws sought by Gov. Eliot Spitzer in his proposed state budget, an agents’ group said. The Independent Insurance Agents and Brokers of New York said proposed fines would grow by …

New Yorkers To Get Flood Notices Every Year

New York lawmakers have decided once is not enough — at least when it comes to telling homeowners that floods will not be covered by a standard homeowners policy. Under legislation signed this week by Gov. Eliot Spitzer, Empire State …

Dinallo: N.Y. Needs Better Workers Comp Data Collection

New York State should centralize its workers’ compensation data in an information bank that could be used to analyze, benchmark and improve the system, Insurance Superintendent Eric Dinallo says. The information bank would comprise detailed claim-related costs as well as …

N.Y. State to Fund Local Flood Mitigation Projects

New York state is providing local governments with $650,000 for flood mitigation projects. Michael Balboni, the Spitzer administration’s deputy secretary for public safety, made the announcement Tuesday morning at the state’s flood summit in Binghamton. The summit brought together state …

It Figures

$38.5 Million Amount a jury in Stamford, Conn. ordered a city obstetrician to pay to the family of a boy born with cerebral palsy in 2003. The jury ruled Dr. Corinne De Cholnoky should have performed a Caesarean section more …

N.Y., States Lead on Bond Insurance Solution, Citing Federal Failure

New York Governor Eliot Spitzer and Insurance Superintendent Eric Dinallo have been leading the call for solutions to the growing bond insurance crisis. They and others are also blaming federal regulators for failing to act to avert the crisis and …

Suit Pressures Mich. Lawmakers to Allow Licenses for Legal Immigrants

When Michigan officials recently reinterpreted state law to stop nonresidents from getting driver’s licenses, critics said it had an unintended consequence. The crackdown, intended to target illegal immigrants, also affected legal immigrants who are not permanent residents, including employees from …

Two Former Marsh Execs Found Guilty of Bid-Rigging

A New York court has found two former executives at insurance broker Marsh guilty of monopoly, but acquitted the two of all other charges stemming from a bid-rigging case brought by the state’s attorney general, according to a clerk for …

Lawsuit Presses Mich. Lawmakers to Allow Licenses for Legal Immigrants

When Michigan officials recently reinterpreted state law to stop nonresidents from getting driver’s licenses, critics said it had an unintended consequence. The crackdown, intended to target illegal immigrants, also affected legal immigrants who are not permanent residents, including employees from …