Andrew Cuomo

• Zurich American to Refund $4.6M to N.Y. Disability Policyholders

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 22, 2013

  New York says Zurich American Insurance Co. failed to spend at least 60 percent of total premiums on claims as required by the state’s law.

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  New York Names 'Bottom 10' Banks Sitting on Sandy Insurance Money

  By Reuters  |  March 20, 2013

  New York State governor Andrew Cuomo has named 10 banks, including Capital One Financial Corp and SunTrust Banks Inc, that he says are sitting on $41 million in insurance money owed to victims of Superstorm Sandy, which hit the northeastern United States last year.

• N.Y. Regulator Says Sandy Complaints Show Need for Uniformity, Clarity in Policies

  By Mark E. Ruquet, PropertyCasualty360  |  February 27, 2013

  New York’s top insurance regulator said during a state Assembly hearing that Superstorm Sandy has highlighted the need for uniformity and clarity in property-insurance policies. He also vowed to examine anti-concurrent causation clauses.

• New York Workers' Comp Change Would Bring SIF Assessments in Line with Private Insurers

  By Arthur D. Postal, PropertyCasualty360.com  |  February 7, 2013

  New York’s workers’ compensation system would undergo a sweeping overhaul under a blueprint outlined in Gov. Andrew Cuomo’s proposed budget.

• NAMIC Gives Cuomo Thumbs-up on N.Y. Workers’ Comp Reform Plan

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 11, 2013

  The National Association of Mutual Insurance Companies praised New York Governor Andrew Cuomo for his call to reform the state’s workers’ compensation insurance system, with the goal of bringing savings to businesses and competition to the marketplace.

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  Congress Passes NFIP Borrowing Authority Increase Amid Calls for Reforms

  By Arthur D. Postal, PropertyCasualty360.com  |  January 4, 2013

  Congress passed and sent to President Obama for signature today legislation that increases the borrowing authority for the National Flood Insurance Program by one-third.

• House Sandy Aid Vote on Friday Is Only for NFIP Borrowing Authority Increase

  By Arthur D. Postal, PropertyCasualty360.com  |  January 3, 2013

  The House vote Friday on aid to Superstorm Sandy victims will only be for raising the cap on the National Flood Insurance Program's borrowing authority.

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  As Funds Dwindle, NFIP Borrowing Authority Increase Will Have to Wait for 113th Congress

  By Arthur D. Postal, PropertyCasualty360.com  |  January 2, 2013

  House Republicans are going to let the 112th Congress expire Wednesday without action on a Superstorm Sandy relief bill that includes a 50 percent increase in the National Flood Insurance Program’s borrowing authority.

• Industry Rep Calls N.Y. Governor's Sandy Claims Rules 'Heavy Handed'

  By Ben Berkowitz, Reuters, Hilary Russ, Reuters  |  November 30, 2012

  New York Governor Andrew Cuomo imposes emergency regulations on insurers to speed the processing of Sandy claims, but an industry representative calls the rules "heavy handed" and says no other states have seen fit to take similar actions.

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  One Month after Sandy, Anger & Frustration in a Community

  By Mark E. Ruquet, PropertyCasualty360.com  |  November 30, 2012

  A meeting with residents in Staten Island, N.Y., brought local and federal officials out to answer questions one month after Superstorm Sandy hit, but they instead got an earful from the storm's victims.

• New York Governor Imposes Rules to Speed Up Sandy Insurance Claims

  By Reuters  |  November 29, 2012

  New York Governor Andrew Cuomo on Thursday imposed emergency regulations on insurers to speed the processing of claims from hundreds of thousands of state residents whose properties were damaged or destroyed when Superstorm Sandy struck a month ago.

• New York, New Jersey Put $71B Price Tag on Sandy

  By Hilary Russ, Reuters  |  November 27, 2012

  New York state and New Jersey need at least $71.3 billion to recover from the devastation wrought by Superstorm Sandy and prevent similar damage from future storms, according to their latest estimates.

• New York Regulator Changes Rules to Help Sandy Victims

  By Reuters  |  November 6, 2012

  Insurers that cover New York residents whose homes suffered damage from the superstorm Sandy are required to accept homeowners' documentation of losses rather than send inspectors to survey the damage, a state regulator said on Monday.

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  Amid N.Y. Recovery, Cold Snap Hits; Nor'easter on the Way

  By Atossa Araxia Abrahamian, Reuters, Edith Honan, Reuters  |  November 5, 2012

  A housing crisis loomed in New York City as victims of superstorm Sandy struggled without heat in near-freezing temperatures on Sunday and nearly 1 million people in neighboring New Jersey shivered in the dark without power

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  Sandy: The Debate About "Hurricane Deductibles" Begins

  By Howard Altschule  |  November 1, 2012

  Storm terminology can impact how a property claim is handled after a weather event. A forensic meteorologist explains what's in a name.

• AIG Shareholders: N.Y. Attorney General Should Not Derail $115M Settlement

  By Karen Freifeld, Reuters, Jonathan Stempel, Reuters  |  September 19, 2012

  New York's attorney general should not be allowed to derail a long-delayed $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive, lawyers for the shareholders argued.