New York News

Brooklyn Auto Body Shop Charged with Inflating Bills to Insurer

Kings County District Attorney Charles J. Hynes announced has charged Borough Park autobody shop, Perfect Collision, with intentionally damaging cars brought in for repairs, so it could submit inflated bills to insurance companies. Perfect Collision, its owner, Elie Berger; and …

Allstate Seeks to Recover $1 MiIlion in New York Fraud Lawsuit

Allstate Insurance is seeking to recover more than $1 million against 10 New York area defendants it alleges filed fraudulent claims for psychological services. The lawsuit seeks reimbursement for personal injury protection benefits Allstate paid on behalf of its customers. …

Court Says Suit Can Proceed over WTC Tower Collapse

The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a U.S. appeals court ruled Tuesday. The agency is one …

New York Mets: We Didn’t Shop for Madoff Ponzi Insurance

Owners of the New York Mets pro baseball team rejected allegations in a $1 billion lawsuit that they once shopped for fraud insurance to insulate themselves from Ponzi schemer Bernard Madoff. Fred Wilpon and Saul Katz, principals at Sterling Equities, …

Ambrose Promoted at Russell Bond

Anthony A. Ambrose has been promoted to vice president and senior broker at New York-based wholesale broker Russell Bond. Ambrose joined Russell Bond in 1994 and currently responsible for financial institutions, medical professional, errors & omissions, environmental and complex property, …

Aspen Names O’Hara as Marine Claims Exec

Aspen U.S. Insurance has appointed Jonathan O’Hara senior vice president of marine claims. He has over 20 years of marine insurance claims and subrogation experience. He began his career in London with WK Webster before being assigned to New York …

ReSource Intermediaries Names McGlinn Senior Associate

ReSource Intermediaries Francis (Mike) McGlinn as senior associate. New York-based ReSource is a full service reinsurance broker and part of Integro. A treaty marketing expert, McGlinn joins ReSource Intermediaries from Towers Watson, where he’d been consulting. Earlier, he was senior …

Hayes Named Chief Exec Deputy Director at NYSIF

Dennis J. Hayes has been appointed chief executive deputy director of the New York State Insurance Fund (NYSIF). Hayes has 29 years experience as an attorney specializing in insurance, reinsurance and receivership matters. He has been a senior executive at …

United Frontier Now an MSO Member

United Frontier Mutual Insurance Co. is now a member of Mutual Service Office Inc. (MSO), a New Jersey-based rating service bureau. United Frontier, based in Lockport, N.Y., is a P/C insurer that was founded in 1877 as The Farmers Mutual …

Fire Pit Fuel Pulled After New York Explosions

A jellylike fuel made for ceramic firepots has been yanked from store shelves after a pair of explosions severely injured three people in New York. A 14-year-old Long Island boy nearly burned to death after a bottle of FireGel exploded …