A New York property-casualty insurance trade group doesn’t like two provisions of New York Gov. Andrew Cuomo’s proposed budget because it could mean increased insurance costs for businesses.

New York’s new governor wants to merge the state’s banking and insurance departments, arguing that the streamlining would save money and prevent activity from “falling between the cracks of our regulatory agencies.”

The New York Alliance Against Insurance Fraud says new data from state regulators points to lingering issues in the state’s no-fault auto system.

The New York Alliance Against Insurance Fraud (NYAAIF) recently elected its news officers and board of directors, selecting John Sargent to lead the group through the end of 2010.

The New York Insurance Association, representing the state’s property-casualty industry, has elected its 2010 officers and board of directors, selecting local executive Richard Zick as its chairman.

No-fault payments for medical care for New York accident victims rose 56% in the second quarter, leading one state insurance group to seek reform in the state’s laws.