New York News

New York Lowers Premium Rates for Workers’ Compensation

New York officials say they are lowering the rate employers pay for workers’ compensation premiums by 1.2 percent. According to the Cuomo administration, it is the first reduction in four years. While the New York Compensation Insurance Rating Board, a …

New York College Has Safety Stewards Patrol Gorge Trails

Stewards are now trekking the trails in the beautiful but treacherous gorges on Cornell University’s Ithaca, N.Y., campus as part of safety efforts enacted after three deaths last summer. Cornell’s Todd Miner tells WBNG-TV in Binghamton that the three gorge …

Buffalo Metro Area Has New York’s Highest Vehicle Theft Rate

The New York Insurance Association (NYIA) said the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State and the Elmira metro area has the lowest theft rate in the state. A report from the National …

3 Dead, 24 Rescued After Yacht Capsizes off New York

A yacht full of fireworks watchers capsized off New York’s Long Island on the Fourth of July, killing three people and sending 24 others into the Long Island Sound, where many were rescued by fellow boaters, police said Thursday. The …

Safety Initiative After New York Boating Fatality

A fatal boat crash off Long Island, N.Y., is prompting a safety initiative. The Coast Guard and local law enforcers are part of the renewed effort to target unsafe conditions for boaters and residents off the coast of Long Island …

Irene’s Scars Healing in Adirondacks, Catskills

A replacement for one of the most well-traveled and iconic bridges in the Adirondack High Peaks was completed and opened to hikers Sunday as crews continue to repair backcountry trail damage from Tropical Storm Irene in August. The bridge across …

New York Court Limits Damages Against Defense Lawyers

New York’s top court has rejected some malpractice damage claims against defense lawyers by the people they represent unsuccessfully, concluding that allowing them could have “devastating consequences” for the criminal justice system. The Court of Appeals unanimously says allowing damages …

New York’s Approach to Apportioning Defense Costs Among Multiple Insurers

Insurers in New York have an “exceedingly broad” duty to defend their policyholders against any claim that is potentially covered by the policy. Regal Constr. Corp. v. Nat’l Union Fire Ins. Co. of Pittsburgh, Pa., 930 N.E.2d 259, 261 (N.Y. …

New York Hearings on ‘Forced’ Insurance in Foreclosure

New York’s Department of Financial Services has set public hearings next month to review whether rates for so-called “force-placed” insurance are excessive and to examine the relationships between insurers, banks, mortgage servicers, insurance agents and brokers. Banks and mortgage holders …

Judge May Scrap New York, Florida Toyota Lawsuits

A federal judge in California indicated that he would dismiss most New Yorkers’ and Floridians’ claims in class-action litigation over the unintended acceleration of Toyota vehicles, saying their claims don’t fly under those states’ laws. Hundreds of lawsuits from around …