October 11, 2011
Utica National Insurance Group in New Hartford, New York, has appointed industry veteran Raymond Cox as senior vice president, chief financial officer and treasurer. Cox comes to Utica National Insurance from Munich Reinsurance America in Princeton, New Jersey, where he …
October 7, 2011
New York federal court gave a preliminary approval to American International Group’s $725 settlement deal with Ohio public pension funds. It’s another forward step in AIG’s effort to resolve ongoing legal dispute with investors in the consolidated 2004 securities litigation. …
October 7, 2011
New York Governor Andrew Cuomo announced this week that federal disaster assistance is now available for homeowners, renters, small businesses, and municipalities in additional counties as a result of damages incurred by Tropical Storm Lee. Additions include: • Public assistance: …
October 4, 2011
Walnut Creek, Calif.-based Heffernan Insurance Brokers has hired John Bayeux to join its New York City office as senior vice president, financial services practice leader. Bayeux brings 30 years of industry experience to Heffernan. His past responsibilities for national insurance …
October 3, 2011
New York Department of Financial Services, the new department that combines the state’s insurance and banking regulators, was officially launched on Monday, Oct. 3. Financial Services Superintendent Benjamin Lawsky set the mission and announced the structure of the new department …
September 30, 2011
New York Gov. Andrew Cuomo has signed a law requiring that group homes and other private facilities licensed by the state to house juvenile delinquents assess workplace safety, record violent incidents and take preventive steps. It takes effect in January. …
September 26, 2011
Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two other agencies he controlled and operated …
September 22, 2011
American International Group Inc. (AIG) has hired Clarissa Potter, former deputy chief counsel at U.S. Internal Revenue Service and former law professor, as deputy tax director. In this role, Potter will be responsible for AIG’s global tax planning, including continued …
September 22, 2011
New York-based Freedom Specialty Insurance Co. appointed John Merchant as director of network security, data privacy and technology risk. In his role, Merchant will manage the development, underwriting and risk management of cyber liability products. He reports to Teresa Black, …
September 21, 2011
The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, is further expanding in New York State. The company opened a new office in Rochester and also expanded an existing office in Bay Shore for …