NY Daily Record Since 1908

Lloyd’s, the London-based insurance underwriter, is proud of its reputation as the company that “specializes in unusual risks.” They include: the legs of Betty Grable, Rudolf Nureyev, Michael Flatley and David Beckham; the breasts of Dolly Parton; the hands of ...

Tagged with: Entertainment

Cyber crime insurers largely avoided costly claims from the recent attacks that hit businesses around the globe. The next global virus could change that. “It’s exceptionally likely that we will see an event over the next months that will seriously ...

Tagged with: cyberattack cybersecurity insurers

NEW YORK — MetLife plans to carve off a substantial portion of its U.S. life insurance business via a sale, spinoff or an initial public offering as the parent company challenges harsher regulatory oversight. The New York company has been ...

WASHINGTON — The U.S. Supreme Court on Wednesday appeared skeptical that state officials have the power to require health insurers to turn over reams of data revealing how much they pay for medical claims. Most of the justices seemed to ...

Brighton-based Paychex Insurance Agency has been named to Business Insurance magazine’s list of Best Places to Work in Insurance, the company announced. It’s the first time the agency, a subsidiary of Paychex, Inc., has made the list. It landed 13th ...

ALBANY — Flaws in New York’s health exchange resulted in 21 dead people being enrolled in Medicaid and 333 getting continuing government-funded health coverage after they died, according to audit results released Thursday. The state comptroller’s office reported that its ...

Tagged with: Medicaid

Hobby Lobby Stores Inc. did not deny access to certain contraceptives for its female employees, according to one legal expert. It simply found it was morally against its religious beliefs to pay for it, John C. Eastman told about 30 ...

Tagged with: birth control healthcare Obamacare

NEW YORK — When Monty Hagler learned his employee insurance premiums could rise as much as 38 percent, the small business owner decided he couldn’t afford coverage that complies with the health care overhaul. He considered a variety of plans ...

The passage of consumer legislation will give added protection to victims of property damage when dealing with their insurance company. The legislation will clarify the damage appraisal process. Under present law, all fire insurance policies have clauses that, in the ...

Tagged with: Insurance

ALBANY (AP) — New York has decided that starting next year, patients will be protected against surprise out-of-network medical bills that have pushed some toward personal bankruptcy. The measure, signed into law this week, is scheduled to take effect next ...

NEW YORK (AP) — Insurance giant MetLife has agreed to pay $60 million to resolve claims that two subsidiaries solicited business without state licenses and lied to regulators about the extent of operations in New York. Under agreements announced Monday, ...

Tagged with: claims

An Onondaga County businesswoman who claims her insurance coverage was inadequate is seeking damages for lost business, saying she was ill-advised by her broker. She is seeking to have her dismissed suit re-instated. Deborah Voss, the Syracuse-area businesswoman, is represented ...

Tagged with: damages Insurance Coverage