GNY Insurance Companies

Greater New York Insurance: Blazing New Territory (03/29/2010)
GNY CEO and Chairman of the Board Warren Heck is featured in American Executive Magazine's March 2010 edition! The article is called GNY Mutual Insurance Company: Blazing New Territory. Click to read the article. [more]

Standard & Poor's Awards GNY A Rating (03/29/2010)
For another consecutive year GNY has been awarded an A Rating by Standard & Poors. Their report confirms GNY's continued strong competitive position, strong capital adequacy, and strong operating performance. Review the report here: [more]

Chairman's Message to Policyholders -- 2010 (03/22/2010)
GNY is proud to say that we successfully met all of the challenges in 2009 arising out of our economy and impacting our industry, and we performed strongly by every measure, even breaking performance records by achieving the highest levels of assets and surplus in our 95-year history. [more]

GNY Massachusetts Branch has a new address! (06/29/2009)
The Massachusetts office has moved to a new location. The new address is 400 Crown Colony Drive - Suite 500, Quincy, MA 02169-0930. All phone numbers and fax numbers remain the same.

GNY Introduces New Program for Self-Service Storage Facilities (09/23/2008)
This new program includes an array of customized enhancements, such as coverage for customers’ goods in their care, custody and control, and limited pollution removal. [more]

GNY Expands Into Indiana (07/27/2008)
In response to the company’s growth in this region, GNY has dedicated staff to serve commercial insurance brokers in Indiana and their clients. [more]

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Archived Articles

Understanding lack of maintenance circuit breakers (06/18/2010)
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Bodine vs. Kuser Village (04/30/2010)
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Chairman's Message to Policyholders – 2009 (03/10/2009)
GNY is pleased to report that 2008 was another very successful year for their four companies in which they reported profitable combined ratios, excellent underwriting and stable investment returns, and a noteworthy increase in policyholders’ surplus. [more]

GNY to Offer Excess and Surplus through GNY Custom (03/17/2008)
GNY Custom Insurance Company will focus on writing low-to-moderate hazard products liability businesses.

Chairman's Message to Policyholders – 2008 (03/11/2008)
GNY is pleased to announce that it began offering services to Michigan, and will begin expanding further into the Midwest as the year progresses. [more]

GNY Expands into the Midwest (06/06/2007)
GNY is looking forward to forming deep partnerships with commercial lines producers in the Midwest, with a particular focus on habitational business. [more]

GNY Announces New Branch Office in Maryland (03/16/2007)
This new GNY office will serve commercial insurance brokers in Maryland, Delaware and Northern Virginia. [more]

Chairman's Message to Policyholders – 2007 (03/13/2007)
GNY is pleased to report that as a result of the resourcefulness and hard work of our staff and the solid foundation, GNY had record results in 2006 that were unprecedented in its history. [more]

GNY Chairman, Warren Heck Honored for Service (09/18/2006)
Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company, New York, N.Y., is the 2006 recipient of the NAMIC's Chairman's Award from the National Association of Mutual Insurance Companies. [more]

Chairman's Message to Policyholders – 2006 (03/08/2006)
GNY is pleased to report that 2005 was the most successful year for Greater New York Mutual Insurance Company and its two wholly owned stock subsidiaries, Insurance Company of Greater New York, and Strathmore Insurance Company. [more]

Chairman's Message to Policyholders – 2005 (03/08/2005)
GNY reports the most successful year in the history of Greater New York Mutual Insurance Company and its two wholly owned stock subsidiaries, Insurance Company of Greater New York and Strathmore Insurance Company. [more]

Chairman's Message to Policyholders – 2004 (03/09/2004)
GNY reports report that 2003 has been the most successful year yet, with company growth and continued conservative leverage ratios - as measured by every standard in our industry. [more]

Chairman's Message to Policyholders – 2003 (03/11/2003)
GNY reports that 2002 was the fourth consecutive year of significant growth of our Companies, in which our direct written premium increased by 182% from January 1, 1999 to $222.4 million as of December 31, 2002. [more]

Chairman's Message to Policyholders – 2002 (03/12/2002)
In every important respect our companies made significant progress in 2001, and reached a new milestone of growth. A. M. Best in its edition of Review & Preview, subtitled "Everything Changes: P/C Trends Gain Momentum After U.S. Attacks." [more]

Chairman's Message to Policyholders – 2001 (03/13/2001)
GNY reports gratifying results results in 2000 despite the fact that the results in the property/casualty insurance industry were unsatisfactory. The poor industry results were attributed to the cutthroat competition that had existed for many years, as well as a large shortfall in loss reserves. [more]

Chairman's Message to Policyholders – 2000 (03/08/2000)
GNY stood strong in 1999, even though A. M. Best predicted that the results of the price war had been so devastating, that one-third of the 1,100 companies in the United States will have lost operating autonomy or otherwise withdrawn from the market in the next five years. [more]

Chairman's Message to Policyholders – 1999 (11/01/1999)
As many of our peer competitors are struggling with underpriced business and inadequate reserves, our market is witnessing a noticeable flight to quality. Our companies are benefiting from this trend. [more]

	GNY Employees Volunteer for Habitat for Humanity Raritan Valley Habitat for Humanity held a Mother's Day Women Build May 8, 2010 in Bridgewater, NJ. Kathleen Zarzycki and Jody Zotolla from the IT department participated in the event which raised money for new homes being built for 9 families. Kathleen and Jody spent the day framing out one house and landscaping another that is almost ready to move into. "It was a very rewarding experience" says Jody, "We worked side by side with the future owners and 50 other women to help make their dreams come true." Working on behalf of GNY, their team "The Screaming Monkey's" was the #1 fundraiser, collecting over $1800 for the cause. Kathleen Zarzycki is Vice-President/CIO Jody Zotolla is Assistant Vice-President IT
	Margaret G. Klein honored by The Brehon Law Society On March 10, 2010 Margaret G. Klein was honored by The Brehon Law Society at its 2010 St. Patrick's Day Dinner held at The Manhattan Club. Margaret was lauded for her accomplishments as a lawyer in New York since 1984 after emigrating from Ireland a few years earlier. The Society recognized Margaret as having set the precedent in 1982 for Irish solicitors, admitted to practice law in the Republic of Ireland, to take the New York Bar exam. It was noted that when she began to practice law in New York, the overwhelming majority of lawyers were men. Margaret was recognized for many years of success as a defense trial attorney, beginning with Fireman's Fund Insurance Company, then with Crum & Forster and now with Greater New York Mutual Insurance Company, where she is Attorney of Record and Vice President of Legal.
	GNY Gives Generously in 2009. GNY is dedicated to serving its communities. In 2009 alone, it supported a wide range of important causes, including: Alliance for Lupus Research, ALS Association, Booker T. Washington Learning Center, Brigham and Women’s Hospital, Find-a-Cure for Children with Duchene, National Multiple Sclerosis Society, New York Insurance Association Scholarship, Parker Jewish Institute Foundation, Police Athletic League, St. Baldrick’s Foundation, The Griffith Insurance Education Foundation, UJA Federation of New York, Washington Legal Foundation.
	GNY Employee Volunteers to Instruct Karate Philip Wu is one of many instructors that teach Seido Karate at the Young Adult Institute (YAI), a health and human services agency serving people with various mental and learning disabilities. Founded over 20 years ago, the Seido Karate YAI program develops members with increased confidence, greater self-awareness, physical conditioning and a dedicated environment of inclusion. Philip has been involved with this program since 1999. Philip is a Renewal Underwriter and has been with GNY 3 years.

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Management Company praises GNY's "Diligent attention to detail"
GNY has long been proud of our ability to respond to claims quickly and handle all claims processes in a timely manner. Recently we received a letter praising GNY for the result in a litigated case. GNY works tirelessly to make sure all insured's are protected and defended. To read the letter in its entirety, click here."We appreciate the hard work and diligent attention to detail that went into winning this case." - David L. Legow, Legow Management Company. LLC

GNY Quickly Pays $1,000,000 Claim to New Client
"What happens if you've just moved your business to a new insurer, then suffer a million dollar loss? That's exactly what one of my clients found out right after he moved the coverage for his large condominium complex to GNY. In true GNY fashion, GNY paid the initial, major portion of the loss-$1,000,000-within 90 days of the fire. The company stepped right up to the plate to do the right thing immediately, without being pressured. That just proves the old adage: all insurance companies seem the same, until you have a loss. That's when GNY truly shines." - Paul E. Felsen, CPCU, GNY Producer

Property Owner Says "GNY...No Question!"
One of my property manager clients has a portfolio of different size buildings. I explained to him that he might want to consider insuring different size buildings with different size companies. But after the experience he's had with GNY on just a few of his properties, he stated that his property should be insured with GNY, no question."- Sal LoPinto, GNY Producer

Claims Service Sets GNY Apart from Others
"On Sunday, March 8, 2009, a severe windstorm damaged my client's apartment complex. After he called me to report the loss, I immediately contacted your claims service personnel, who responded with what I can only describe as lightning speed. Although it was a weekend day, a claims representative was on site just hours after the loss occurred! Not only did this incredibly prompt response give me and my client peace of mind, it also illustrated what sets GNY apart from other companies in this industry. I'm proud to be an agent for your company." - Donald E. Wagner, GNY Producer

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