June 10, 2011
New York agents are cheering a new Senate bill that guarantees a role for producers in the state’s health insurance exchange. A bill introduced yesterday by Sens. James L. Seward (R-Milford) and Kemp Hannon (R-Garden City), is the first formal …
June 8, 2011
Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market officials said on Tuesday. “The high policy debate is going in the wrong direction right now,” said Futures and Options …
June 6, 2011
Insurance agents are warning contractors in New York City that they may not be able to obtain increased coverage requirements called for by city regulations set to go into effect next week. Many of those new coverages are difficult or …
June 2, 2011
Lockton has hired Marianne Halvorsen as vice president and producer. Halvorsen, who will be based in New York, previously served as a vice president and client advocate with Willis. She is also an instructor at St. John’s University.
June 2, 2011
Metro-North plans to bill a 40-year-old woman for the damage one of its trains suffered when it struck the woman’s car in Milford, Connecticut on Sunday. Metro-North spokeswoman Marjorie Anders says the commuter railroad has determined that Vicki Buker-Besse of …
June 1, 2011
Two diamond dealers will spend more than a year in prison after being convicted of staging a heist in hopes of snaring insurance money to save their failing New York City business. Mahaveer Kankariya and Atul Shah were sentenced Friday …
June 1, 2011
A New York City councilman is introducing legislation that would require bike license plates for messengers and food delivery people. The Daily News reports that the bill would require businesses that hire cyclists to obtain license plates for each worker’s …
May 31, 2011
New York City has agreed to pay $2 million to settle a lawsuit that claimed a man died in jail when his alcohol withdrawal went untreated. The New York Times says the settlement was announced in Manhattan federal court this …
May 25, 2011
The New York Senate has confirmed Benjamin M. Lawsky as superintendent of the Department of Financial Services (DFS), the combined agency overseeing insurance, financial services and related industries in the Empire State. Lawsky, who was chief of staff for Gov. …
May 23, 2011
A court-appointed trustee says the owners of the New York Mets reaped profits from Bernard Madoff’s financial Ponzi scheme even as they shopped for insurance to protect themselves in case the scam collapsed. Trustee Irving Picard says partners in Sterling …