Deloitte has promoted Gary Shaw to national sector leader for insurance. He will replace Rebecca Amoroso, who is retiring.
Zurich American Insurance Co, has agreed to refund $4.56 million to policyholders of its New York statutory disability insurance policies because the insurer failed to spend at least 60% of total premiums on claims as required under law.
New York authorities arrested and indicted eight individuals in a $2 million auto accident insurance scheme.
The New York State Senate passed three bills this week designed to crack down on auto insurance fraud in the state, and issued a challenge critical of the Assembly regarding the bills’ passage.
Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., has received approval from the Excess Line Association of New York to write excess line business in New York.
The U.S. Atlantic seaboard could be in for an active hurricane season, which begins June 1.
The federal government announced New York will receive about $7.1 million of $150 million distributed throughout the nation to sign on “navigators,” community health centers that will hire workers to enroll uninsured citizens into the federally run health insurance marketplace.
New York-based Aquiline Capital Partners recently bought Equity Insurance Group from Insurance Australia Group (IAG).
Hammond Hanlon Camp LLC recently announced Jason D. Horowitz, a veteran health care industry investment banker, as Managing Director at its New York office.
Main Street America Group recognized a New York state underwriter and three other Northeast region employees recently with induction into its Circle of Excellence.