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.”

New York Insurance Department Superintendent James J. Wrynn is scheduled to deliver the keynote address at the New York Insurance Association’s 2010 annual conference.

Richard J. Zick, president and chief executive officer of Utica First Insurance Co., was recently named the 2010 Long Island Regional Awareness Program Executive of the Year.

Dubbing it not only “bad fiscal policy,” but also “bad health care policy,” the New York Health Plan Association has joined a civil suit against state officials over the use …  Read →

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.

A collection of insurance industry trade groups expressed their concerns to New York regulators about potential confusion caused by provisions in the new proposed agent disclosure requirements.

Representatives of the Independent …  Read →

Wayne E. McOwen of GUARD Insurance Group is this year’s recipient of the New York Insurance Association’s 2009 Chair’s Distinguished Service Award.

Wayne McOwen

The honor was given to McOwen by …  Read →