March 21, 2011
A former Long Island lawmaker faces up to 15 years in prison when he is sentenced today in a Hamptons fraud case. George Guldi was convicted last month of grand larceny and insurance fraud involving the reconstruction of his Westhampton …
March 18, 2011
New York Gov. Andrew Cuomo said that he wants to review information from the Nuclear Regulatory Commission about safety of a nuclear plant that lies near a seismic fault line 35 miles north of Manhattan. “Frankly, that was surprising to …
March 17, 2011
New York investigators arrested 668 people accused of insurance fraud last year, including a Brooklyn woman arrested after a fist fight, a surgeon who made $3.5 million by billing for working more than 24 hours a day, and a liquor …
March 16, 2011
New York-based Integro has acquired Windward International Inc., a marine insurance broker based in New Jersey. Terms of the deal were not disclosed. Windward International Inc. has developed a significant subspecialty in brown water coverage, the industry term for inland …
March 15, 2011
Almost nine in 10 suspected health care fraud cases in New York last year came from no-fault auto injury claims, a cottage industry so rife with abuse that the state Insurance Department wants to tighten regulations. Related Fraud Bureau investigations …
March 8, 2011
A U.S. judge Monday halted enforcement of an $18 billion award against Chevron Corp, siding with the oil company against Ecuadorean plaintiffs in a long-running dispute over Amazon rain forest pollution. The move comes three weeks after an Ecuadorean court’s …
March 7, 2011
The production company behind Broadway’s troubled “Spider-Man” musical has been slapped with three violations of workplace safety standards by federal regulators. The U.S. Department of Labor’s Occupational Safety and Health Administration issued the citations Friday for four separate incidents late …
March 7, 2011
Federal investigators are looking into why scaffolding collapsed at a high-rise building in a suburb of New York City, leaving two workers dangling by their safety ropes until they were rescued by a firefighter. Occupational Safety and Health Administration spokesman …
March 7, 2011
Insurance broker USI Insurance Services has acquired The Amerisc Corp., Atlynx Surety Brokers and its principal affiliates. Amerisc, based in Garden City, New York with an office in Nanuet, specializes in commercial property/casualty, surety and employee benefits insurance for middle-market …
March 4, 2011
Insurer XL has added John Turner as Product Recall Manager for North America. Turner, based in New York, has more than 20 years of insurance market experience, including multi industry product recall and product liability cover in North America. Most …