August 29, 2011
Hurricane Irene swept through Manhattan Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States, where driving rain and flood tides inundated homes and cut power to millions. On its march …
August 26, 2011
A 74-year-old woman who said she was injured after falling in a Costco store in Florida beat back the retailer’s effort to move the case to that state because it was too much trouble to defend itself in New York. …
August 26, 2011
Hurricane Irene is likely to cause more insured losses in the Bahamas than 1999’s devastating Hurricane Floyd, catastrophe modeler AIR Worldwide said Thursday, even as the storm increasingly tracks toward a weekend landfall in the greater New York City area. …
August 25, 2011
In the annals of natural disasters, it doesn’t get much worse than a major hurricane directly striking New York City and Long Island. Hurricane Irene is on a course that will take it up the East Coast from the weekend. …
August 24, 2011
The largest earthquake to hit the East Coast of the United States in 67 years raised concerns on Tuesday about the safety of the country’s nuclear power plants. The 5.8 magnitude quake’s epicenter was just a few miles from the …
August 24, 2011
The Independent Insurance Agents & Brokers of New York has issued a timely warning in the wake of the earthquake that struck the east coast yesterday afternoon, which affected many New York residents. The IIABNY reminded consumers that their homeowners …
August 18, 2011
Sen. Charles Schumer is calling for an end to a new government surcharge that amounts to roughly $20 per worker for New York businesses. The Rochester Democrat and Chronicle reported that Schumer called the surcharge an example of “job-killing taxes.” …
August 16, 2011
Harold Field has been given leadership and profit center responsibility of the New York City office for wholesale broker Swett & Crawford. In addition to his new sales leadership responsibility, Field will continue to serve as a broker in the …
August 5, 2011
The New York Insurance Association has noted that the 2000 Honda Civic is again the most frequently stolen vehicle in New York State. The Hot Wheels 2011 study released by the National Insurance Crime Bureau (NICB) examines data reported to …
July 29, 2011
Lloyd’s announced that it has received approval from the New York Insurance Department to post reduced collateral on reinsurance contracts. Lloyd’s said it has been approved as a “Secure-3 reinsurer, meaning its collateral requirements will be reduced from 100 percent …