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UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
Washington,D.C.20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-08217

Name of Fund: BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock
MuniHoldings New York Insured Fund, Inc., 55 East 52nd Street, New York, NY 10055.

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2010

Date of reporting period: 05/31/2010

Item 1 – Schedule of Investments


Schedule of Investments May 31, 2010 (Unaudited)

BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

    Par   
Municipal Bonds                                                (000)               Value
       New York — 116.5%       
Corporate — 8.2%       
New York City Industrial Development       
   Agency, Refunding RB, Terminal One     
   Group Association Project, AMT,       
   5.50%, 1/01/24             $ 1,500  $ 1,536,855 
New York Liberty Development Corp.,       
   RB, Goldman Sachs Headquarters,       
   5.25%, 10/01/35    1,500  1,507,860 
New York State Energy Research &       
   Development Authority, RB, Lilco       
   Project, Series A (NPFGC), 5.15%,       
   3/01/16    2,000  2,032,980 
New York State Energy Research &       
   Development Authority, Refunding RB,     
   Series A:       
Brooklyn Union Gas/Keyspan, AMT     
       (FGIC), 4.70%, 2/01/24    7,340  7,346,753 
       Central Hudson Gas (AMBAC),       
       5.45%, 8/01/27    6,000  6,027,900 
Suffolk County Industrial Development     
   Agency New York, RB, KeySpan, Port     
   Jefferson, AMT, 5.25%, 6/01/27    4,355  4,321,118 
Suffolk County Industrial Development     
   Agency New York, Refunding RB,       
   Ogden Martin System Huntington,       
   AMT (AMBAC):       
       6.00%, 10/01/10    4,660  4,735,212 
       6.15%, 10/01/11    5,000  5,294,050 
       6.25%, 10/01/12    3,530  3,829,450 
36,632,178
County/City/Special District/School District — 33.3%   
City of New York New York, GO, Series B     
   (NPFGC):       
       5.75%, 8/01/10 (a)    1,740  1,773,965 
       5.75%, 8/01/13    540  550,130 
City of Yonkers New York, GO, Series A     
   (FGIC), 5.75%, 10/01/10    1,795  1,846,050 
Hudson Yards Infrastructure Corp., RB,     
   Series A:       
       (FGIC), 5.00%, 2/15/47    10,250  9,950,803 
       (NPFGC), 4.50%, 2/15/47    14,180  13,063,750 

    Par   
Municipal Bonds                                               (000)                 Value       
       New York (continued)       
County/City/Special District/School       
District (continued)       
New York City Health & Hospital Corp.,     
   Refunding RB, Health System,       
   Series A (NPFGC), 5.25%, 2/15/17  $ 2,000  $ 2,005,360 
New York City Industrial Development       
   Agency, RB, PILOT:       
       CAB, Yankee Stadium (AGC), 6.50%,     
       3/01/39 (b)    1,380  264,325 
       Queens Baseball Stadium (AGC),       
       6.38%, 1/01/39    800  886,032 
       Queens Baseball Stadium (AMBAC),     
       5.00%, 1/01/31    3,500  3,269,385 
       Queens Baseball Stadium (AMBAC),     
       5.00%, 1/01/36    12,740  11,404,466 
       Queens Baseball Stadium (AMBAC),     
       5.00%, 1/01/39    4,000  3,550,560 
       Queens Baseball Stadium (AMBAC),     
       5.00%, 1/01/46    7,800  6,811,818 
       Yankee Stadium (FGIC), 5.00%,       
       3/01/46    9,500  9,073,545 
       Yankee Stadium (NPFGC), 5.00%,     
       3/01/36    3,950  3,876,728 
New York City Transitional Finance       
   Authority, RB:       
       Fiscal 2008, Series S-1, 4.50%,       
       1/15/38    1,510  1,484,119 
       Fiscal 2009, Series S-1 (AGC),       
       5.50%, 7/15/38    4,000  4,372,120 
       Fiscal 2009, Series S-4 (AGC),       
       5.50%, 1/15/39    1,250  1,372,250 
       Future Tax Secured, Series C (FGIC),     
       5.00%, 2/01/33    10,000  10,296,700 
       Future Tax Secured, Series E       
       (NPFGC), 5.25%, 2/01/22    2,500  2,683,450 
       Series B (NPFGC), 5.50%,       
       2/01/11 (a)    695  724,857 
       Series B (NPFGC), 5.50%,       
       2/01/11 (a)    1,145  1,194,189 
       Series B (NPFGC), 5.50%, 2/01/13  110  114,696 
       Series S-2 (AGM), 5.00%, 1/15/37  3,750  3,886,725 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated
according to the following list:

ACA  American Capital Access Corp.  FHLMC  Federal Home Loan Mortgage Corp. 
AGC  Assured Guaranty Corp.  FNMA  Federal National Mortgage Association 
AGM  Assured Guaranty Municipal Corp.  GO  General Obligation Bonds 
AMBAC  American Municipal Bond Assurance Corp.  HFA  Housing Finance Agency 
AMT  Alternative Minimum Tax (subject to)  MRB  Mortgage Revenue Bonds 
BHAC  Berkshire Hathaway Assurance Corp.  NPFGC  National Public Finance Guarantee Corp. 
CAB  Capital Appreciation Bonds  PILOT  Payment in Lieu of Taxes 
CIFG  CDC IXIS Financial Guaranty  RB  Revenue Bonds 
ERB  Education Revenue Bonds  SBPA  Stand-by Bond Purchase Agreement 
FGIC  Financial Guaranty Insurance Co.  SONYMA  State of New York Mortgage Agency 
FHA  Federal Housing Administration  VRDN  Variable Rate Demand Notes 

BLACKROCK MUNIHOLDINGS NEW YORK INSURED FUND, INC.

MAY 31, 2010

1


Schedule of Investments (continued)

BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

    Par   
Municipal Bonds                                                (000)                 Value       
       New York (continued)       
County/City/Special District/School       
District (concluded)       
New York City Transitional Finance       
   Authority, RB (concluded):       
       Series S-2 (NPFGC), 4.25%,       
       1/15/34  $ 4,830  $ 4,679,787 
New York City Transitional Finance       
   Authority, Refunding RB, Series A       
   (FGIC), 5.00%, 11/15/26    1,000  1,047,170 
New York Convention Center       
   Development Corp., RB, Hotel Unit       
   Fee Secured (AMBAC):       
       5.00%, 11/15/30    2,100  2,129,001 
       5.00%, 11/15/35    20,500  20,587,125 
       5.00%, 11/15/44    2,055  2,059,829 
Oneida-Herkimer Solid Waste       
   Management Authority New York,       
   Refunding RB (AGM), 5.50%, 4/01/13  1,800  2,013,966 
Sales Tax Asset Receivable Corp., RB,       
   Series A (AMBAC), 5.25%, 10/15/27  14,175  14,859,794 
Syracuse Industrial Development       
   Agency New York, RB, Carousel Center     
   Project, Series A, AMT (Syncora),       
   5.00%, 1/01/36    10,000  7,113,900 
 148,946,595
Education — 12.1%       
City of Troy New York, Refunding RB,       
   Rensselaer Polytechnic, Series A,       
   5.13%, 9/01/40    1,050  1,069,635 
Madison County Industrial Development     
   Agency New York, RB, Colgate       
   University Project, Series A (AMBAC),     
   5.00%, 7/01/30    4,000  4,148,880 
New York City Industrial Development       
   Agency, Refunding RB:       
       Nightingale-Bamford School       
       (AMBAC), 5.25%, 1/15/17    1,200  1,297,944 
       Polytechnic University Project (ACA),     
       5.25%, 11/01/37    2,160  1,940,587 
New York City Transitional Finance       
   Authority, RB, Fiscal 2009, Series S-4     
   (AGC), 5.50%, 1/15/33    3,000  3,320,940 
New York State Dormitory Authority, RB:     
       Mount Sinai School of Medicine,       
       5.13%, 7/01/39    3,090  3,106,593 
       Mount Sinai School of Medicine at     
       NYU (NPFGC), 5.00%, 7/01/35    6,100  6,091,033 
       New York University, Series 1       
       (AMBAC), 5.50%, 7/01/40    3,500  4,141,025 
       Pace University (NPFGC), 6.00%,       
       7/01/10 (a)    1,845  1,872,952 
       Pace University (NPFGC), 6.00%,       
       7/01/10 (a)    3,500  3,553,025 
       Siena College, 5.13%, 7/01/39    1,345  1,358,073 

    Par   
 Municipal Bonds                                                  (000)                 Value       
       New York (continued)       
Education (concluded)       
Schenectady County Industrial       
   Development Agency, Refunding RB,     
   Union College Project, Series A       
   (AMBAC), 5.63%, 7/01/11 (a)  $ 3,000  $ 3,232,380 
Trust for Cultural Resources, RB,       
   Carnegie Hall, Series A:       
       4.75%, 12/01/39    3,150  3,169,152 
       5.00%, 12/01/39    1,850  1,897,860 
Trust for Cultural Resources, Refunding     
   RB, American Museum of Natural       
   History, Series A (NPFGC), 5.00%,       
   7/01/36    6,800  7,021,408 
Westchester County Industrial       
   Development Agency New York, RB,     
   Purchase College Foundation       
   Housing, Series A (AMBAC), 5.75%,       
   12/01/31    7,000  7,066,220 
54,287,707
Health — 6.9%       
New York City Industrial Development       
   Agency, RB, Royal Charter, New York     
   Presbyterian (AGM), 5.75%,       
   12/15/29    7,965  8,478,902 
New York State Dormitory Authority,       
   MRB, Montefiore Hospital (NPFGC),       
   5.00%, 8/01/33    1,000  1,012,810 
New York State Dormitory Authority, RB:     
       Gustavus Adolphus Child & Family     
       Services, Inc., Series B (AMBAC),       
       5.50%, 7/01/18    2,058  2,084,754 
       Hudson Valley Hospital (BHAC),       
       5.00%, 8/15/36    5,000  5,252,750 
       New York & Presbyterian Hospital     
       (AGM), 5.25%, 2/15/31    1,500  1,557,795 
       New York & Presbyterian Hospital     
       (AGM), 5.00%, 8/15/36    4,000  4,075,720 
       New York State Rehabilitation       
       Association, Series A (CIFG), 5.25%,     
       7/01/19    1,180  1,210,361 
       New York State Rehabilitation       
       Association, Series A (CIFG), 5.13%,     
       7/01/23    1,000  1,006,340 
       North Shore-Long Island Jewish       
       Health System, Series A, 5.50%,       
       5/01/37    1,825  1,876,739 
New York State Dormitory Authority,       
   Refunding RB:       
       St. Charles Hospital &       
       Rehabilitation Center, Series A       
       (NPFGC), 5.63%, 7/01/12    3,400  3,443,962 
       St. Luke's Roosevelt Hospital (FHA),     
       4.90%, 8/15/31    1,000  1,003,210 
      31,003,343 

2 BLACKROCK MUNIHOLDINGS NEW YORK INSURED FUND, INC.

MAY 31, 2010


Schedule of Investments (continued)

BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

    Par   
Municipal Bonds                                                   (000)                 Value       
       New York (continued)       
Housing — 4.3%       
New York City Housing Development       
   Corp., RB, AMT:       
       Series C, 5.00%, 11/01/26  $ 1,250  $ 1,265,338 
       Series C, 5.05%, 11/01/36    2,000  1,912,840 
       Series H-1, 4.70%, 11/01/40    1,000  939,360 
New York Mortgage Agency, RB,       
Series 145, AMT, 5.13%, 10/01/37  1,000  1,005,370 
New York Mortgage Agency, Refunding     
   RB:       
       Homeowner Mortgage, Series 67,     
       AMT (NPFGC), 5.70%, 10/01/17    2,140  2,142,568 
       Homeowner Mortgage, Series 83       
       (NPFGC), 5.55%, 10/01/27    2,100  2,101,428 
       Homeowner Mortgage, Series 97,     
       AMT, 5.50%, 4/01/31    840  843,150 
       Series 82, AMT (NPFGC), 5.65%,       
       4/01/30    825  825,429 
       Series 133, AMT, 4.95%, 10/01/21  685  695,850 
       Series 143, AMT, 4.90%, 10/01/37  965  932,499 
       Series 143, AMT (NPFGC), 4.85%,     
       10/01/27    2,000  2,003,340 
New York State HFA, RB, St. Philip's       
   Housing, Series A, AMT (FNMA),       
   4.65%, 11/15/38    1,000  981,860 
Yonkers Economic Development Corp.,     
Refunding RB, Riverview II (FHLMC),     
   4.50%, 5/01/25    1,500  1,501,140 
Yonkers Industrial Development Agency     
   New York, RB, Monastery Manor       
Associates LP Project, AMT (SONYMA),     
   5.25%, 4/01/37    2,000  1,965,940 
19,116,112  
State — 10.8%       
New York State Dormitory Authority, RB:     
       Master BOCES Program Lease       
       (AGC), 4.75%, 8/15/24    1,090  1,146,418 
       Master BOCES Program Lease       
       (AGC), 5.00%, 8/15/28    250  262,988 
       Mental Health Facilities, Series B,     
       5.25%, 2/15/14 (a)    1,550  1,744,385 
       Mental Health Services Facilities       
       Improvement, Series B (AGM),       
       5.00%, 2/15/33    4,500  4,703,085 
       Mental Health Services Facilities,       
       Series C, AMT (AGM), 5.40%,       
       2/15/33    5,650  5,720,512 
       School Districts Financing Program,     
       Series A (AGM), 5.00%, 10/01/35  450  465,898 
       School Districts Financing Program,     
       Series C (AGM), 5.00%, 10/01/37  2,500  2,583,575 

    Par   
 Municipal Bonds                                                 (000)                  Value        
       New York (continued)       
State (concluded)       
New York State Dormitory Authority, RB     
   (concluded):       
       School Districts Financing Program,     
       Series D (NPFGC), 5.00%,       
       10/01/30  $ 1,240  $ 1,255,488 
       School Districts Financing Program,     
       Series E (NPFGC), 5.75%,       
       10/01/30    6,900  7,319,589 
New York State Dormitory Authority,       
   Refunding RB:       
       School District Financing Program,     
       Series A (AGM), 5.00%, 10/01/35  5,000  5,196,650 
       Secured Hospital, North General       
       Hospital (Syncora), 5.75%, 2/15/17  2,000  2,147,260 
New York State Thruway Authority, RB:     
       Second General, Series B, 5.00%,     
       4/01/27    1,000  1,071,570 
       Series A (AMBAC), 5.00%, 4/01/26  8,700  9,265,326 
New York State Urban Development       
   Corp., RB (NPFGC):       
       Personal Income Tax, Series C-1,       
       5.00%, 3/15/13 (a)    3,000  3,338,430 
       State Personal Income Tax, State       
       Facilities, Series A-1, 5.00%,       
       3/15/29    2,000  2,086,160 
48,307,334
Tobacco — 4.9%       
Tobacco Settlement Financing Corp.       
   New York, RB, Asset-Backed,       
   Series A-1 (AMBAC):       
       5.25%, 6/01/20    5,000  5,416,850 
       5.25%, 6/01/21    13,275  14,251,111 
       5.25%, 6/01/22    2,000  2,137,980 
21,805,941
Transportation — 23.8%       
Hudson Yards Infrastructure Corp., RB:     
       (AGC), 5.00%, 2/15/47    7,370  7,466,694 
       Series A (AGC), 5.00%, 2/15/47    305  309,002 
       Series A (AGM), 5.00%, 2/15/47    6,000  6,089,100 
Metropolitan Transportation Authority,     
   RB:       
       Series 2008C, 6.50%, 11/15/28    6,015  7,043,204 
       Transportation, Series A (NPFGC),     
       5.00%, 11/15/32    1,100  1,113,222 
Metropolitan Transportation Authority,     
   Refunding RB:       
       Series A, 5.13%, 1/01/29    1,150  1,177,531 
       Series A (NPFGC), 5.25%,       
       11/15/31    2,500  2,558,450 
       Series C (AGM), 4.75%, 7/01/12 (a)  2,535  2,751,667 

BLACKROCK MUNIHOLDINGS NEW YORK INSURED FUND, INC.

MAY 31, 2010

3


Schedule of Investments (continued)

BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

    Par   
 Municipal Bonds                                                  (000)                 Value       
       New York (continued)       
Transportation (concluded)       
Metropolitan Transportation Authority,     
   Refunding RB (concluded):       
       Transportation, Series F (NPFGC),     
       5.25%, 11/15/12 (a)  $ 6,300  $ 6,993,252 
New York State Thruway Authority, RB:     
       Series F (AMBAC), 5.00%, 1/01/30  5,000  5,150,550 
       Series G (AGM), 4.75%, 1/01/29    1,250  1,276,000 
       Series G (AGM), 4.75%, 1/01/30    1,000  1,016,230 
       Series G (AGM), 5.00%, 1/01/32    5,225  5,395,283 
Niagara Falls Bridge Commission,       
   Refunding RB, Bridge System,       
   Series A (AGC), 4.00%, 10/01/19    2,600  2,757,014 
Port Authority of New York & New Jersey,     
   RB:       
       Consolidated 116th Series, 4.13%,     
       9/15/32    2,685  2,637,180 
       Consolidated 161st Series, 4.50%,     
       10/15/37    1,000  1,009,870 
       Special Project, JFK International Air     
       Terminal, Series 6, AMT (NPFGC),       
       6.25%, 12/01/11    3,000  3,106,290 
       Special Project, JFK International Air     
       Terminal, Series 6, AMT (NPFGC),       
       6.25%, 12/01/15    7,830  8,307,787 
       Special Project, JFK International Air     
       Terminal, Series 6, AMT (NPFGC),       
       5.90%, 12/01/17    4,000  4,024,640 
       Special Project, JFK International Air     
       Terminal, Series 6, AMT (NPFGC),       
       5.75%, 12/01/22    26,725  26,744,509 
Triborough Bridge & Tunnel Authority,       
   RB:       
       Sub-Series A (NPFGC), 5.25%,       
       11/15/30    6,000  6,349,260 
       Subordinate Bonds (AMBAC),       
       5.00%, 11/15/28    2,465  2,557,684 
105,834,419 
Utilities — 12.4%       
Long Island Power Authority, RB,       
   Series A (AMBAC), 5.00%, 9/01/29    3,000  3,081,900 
Long Island Power Authority, Refunding     
   RB:       
       General, Series A (AGC), 6.00%,       
       5/01/33    1,500  1,697,985 
       General, Series B (AGM), 5.00%,       
       12/01/35    3,500  3,622,885 
       Series A (AGC), 5.75%, 4/01/39    1,000  1,122,070 
New York City Municipal Water Finance     
   Authority, RB:       
       Series A (AMBAC), 5.00%, 6/15/35  3,500  3,579,240 
       Series A (NPFGC), 5.75%,       
       6/15/11 (a)    23,000  24,285,470 
       Series DD (AGM), 4.50%, 6/15/39  3,000  2,947,410 

    Par   
Municipal Bonds                                                       (000)                Value
       New York (concluded)       
Utilities (concluded)       
New York City Municipal Water Finance     
   Authority, Refunding RB:       
       Fiscal 2004, Series C (NPFGC),       
       5.00%, 6/15/35  $ 1,000  $ 1,029,470 
       Series A (AGM), 4.25%, 6/15/39    2,200  2,156,044 
Series A (NPFGC), 5.13%, 6/15/34  1,250  1,305,862 
       Series F (AGM), 5.00%, 6/15/29    500  505,480 
New York State Environmental Facilities     
   Corp., RB, Long Island Water Corp.       
   Project, Series A, AMT (NPFGC),       
   4.90%, 10/01/34    6,000  5,704,980 
New York State Environmental Facilities     
   Corp., Refunding RB, Spring Valley       
   Water Co., Series B (AMBAC), 6.15%,     
   8/01/24    4,400  4,419,140 
 55,457,936
Total Municipal Bonds in New York      521,391,565 
       Guam — 1.1%       
Transportation — 1.1%       
Guam International Airport Authority,       
   Refunding RB, General, Series C, AMT     
   (NPFGC):       
       5.25%, 10/01/21    3,700  3,703,515 
5.25%, 10/01/22                                             1,050        1,050,472  
Total Municipal Bonds in Guam      4,753,987 
       Puerto Rico — 17.8%       
County/City/Special District/School District — 0.8%   
Puerto Rico Sales Tax Financing Corp.,     
   RB, First Sub-Series A (AGM), 5.00%,     
   8/01/40    1,905  1,948,891 
Puerto Rico Sales Tax Financing Corp.,     
   Refunding RB, CAB, Series A (NPFGC),     
   5.78%, 8/01/41 (b)    11,000  1,729,640 
3,678,531
Housing — 0.7%       
Puerto Rico Housing Finance Authority,     
   Refunding RB, Subordinate, Capital       
   Fund Modernization, 5.13%,       
    12/01/27                                                             3,000        3,023,640
State — 7.3%       
Commonwealth of Puerto Rico, GO,       
   Refunding:       
       Public Improvement, Series A       
       (NPFGC), 5.50%, 7/01/20    1,970  2,131,619 
       Public Improvement, Series A       
       (NPFGC), 5.50%, 7/01/21    3,000  3,243,240 
       Public Improvement, Series A-4       
       (AGM), 5.25%, 7/01/30    1,400  1,457,666 
       Sub-Series C-7 (NPFGC), 6.00%,       
       7/01/27    2,000  2,162,040 

4 BLACKROCK MUNIHOLDINGS NEW YORK INSURED FUND, INC.

MAY 31, 2010


Schedule of Investments (continued)

BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

    Par   
Municipal Bonds                                                        (000)                    Value
       Puerto Rico (concluded)       
State (concluded)       
Commonwealth of Puerto Rico, GO,       
   Refunding (concluded):       
       Sub-Series C-7 (NPFGC), 6.00%,       
       7/01/28  $ 4,000  $ 4,318,520 
Puerto Rico Commonwealth       
   Infrastructure Financing Authority, RB,     
   CAB, Series A (b):       
       (AMBAC), 4.66%, 7/01/34    9,300  1,860,093 
       (AMBAC), 4.67%, 7/01/37    2,200  349,426 
       (FGIC), 4.62%, 7/01/31    10,280  2,606,905 
       (FGIC), 4.66%, 7/01/33    5,500  1,188,495 
Puerto Rico Convention Center       
   Authority, RB, Series A (AMBAC),       
   5.00%, 7/01/31    3,270  3,252,963 
Puerto Rico Highway & Transportation     
   Authority, Refunding RB, Series CC       
   (AGM):       
       5.50%, 7/01/31    4,000  4,374,240 
       5.25%, 7/01/32    2,000  2,113,220 
Puerto Rico Public Buildings Authority,     
   Refunding RB, Government Facilities,     
   Series M-3 (NPFGC), 6.00%, 7/01/28  2,500  2,676,575 
Puerto Rico Sales Tax Financing Corp.,     
   RB, First Sub-Series A, 5.75%,       
   8/01/37    1,000  1,063,650 
 32,798,652
Transportation — 6.2%       
Puerto Rico Highway & Transportation     
   Authority, RB:       
       Series Y (AGM), 6.25%, 7/01/21    5,025  5,615,337 
       Subordinate (FGIC), 5.25%,       
       7/01/17    4,800  4,962,960 
Puerto Rico Highway & Transportation     
   Authority, Refunding RB:       
       Series CC (AGM), 5.25%, 7/01/33  1,000  1,058,020 
       Series CC (AGM), 5.25%, 7/01/34  870  919,094 
       Series CC (AGM), 5.25%, 7/01/36  3,750  3,964,763 
       Series D, 5.75%, 7/01/12 (a)    10,000  10,989,500 
 27,509,674
Utilities — 2.8%       
Puerto Rico Aqueduct & Sewer Authority,     
   RB, Senior Lien, Series A (AGC),       
   5.13%, 7/01/47    10,175  10,260,368 
Puerto Rico Electric Power Authority, RB,     
   Series NN, 5.13%, 7/01/13 (a)    940  1,058,356 
Puerto Rico Electric Power Authority,       
   Refunding RB, Series VV (NPFGC),       
   5.25%, 7/01/30    1,000  1,046,990 
 12,365,714
 Total Municipal Bonds in Puerto Rico                                                79,376,211
Total Municipal Bonds – 135.4%      605,521,763 

Municipal Bonds Transferred to Tender  Par   
Option Bond Trusts (c)                                        (000)                Value
       New York — 31.6%       
County/City/Special District/School District — 8.1%   
City of New York New York, GO:       
       Series J, 5.00%, 5/15/23  $ 6,800   $ 7,269,200 
       Sub-Series C-3 (AGC), 5.75%,       
       8/15/28    10,000  11,362,900 
New York State Dormitory Authority, RB,     
   State University Dormitory Facilities,     
   Series A, 5.25%, 7/01/29    5,000  5,452,350 
Sales Tax Asset Receivable Corp., RB,       
   Series A (AMBAC), 5.00%, 10/15/32  12,000  12,391,080 
 36,475,530
Education — 1.3%       
New York State Dormitory Authority, RB,     
   New York University, Series A, 5.00%,     
 7/01/38                                                        5,499       5,755,173  
State — 1.3%       
New York State Dormitory Authority,       
ERB, Series B, 5.75%, 3/15/36                        5,000       5,682,950  
Transportation — 19.3%       
Metropolitan Transportation Authority,     
   RB, Series A (NPFGC), 5.00%,       
   11/15/31    7,002  7,275,793 
Metropolitan Transportation Authority,     
   Refunding RB, Series A (AGM):       
       5.00%, 11/15/30    5,010  5,152,785 
       5.75%, 11/15/32    29,000  30,880,940 
New York State Thruway Authority, RB,     
   Series G (AGM), 5.00%, 1/01/32    9,500  10,263,420 
New York State Thruway Authority,       
   Refunding RB, Series H (AGM), 5.00%,     
   1/01/37    8,500  8,820,195 
Port Authority of New York & New Jersey,     
   RB, Consolidated, 155th Series, AMT     
   (AGM), 5.13%, 7/15/30    2,500  2,549,225 
Triborough Bridge & Tunnel Authority,       
   Refunding RB (NPFGC):       
       5.25%, 11/15/23    12,000  12,815,760 
       5.00%, 11/15/32    8,309  8,582,119 
86,340,237
Utilities — 1.6%       
New York City Municipal Water Finance     
   Authority, RB:       
       Fiscal 2009, Series A, 5.75%,       
       6/15/40    4,004  4,541,024 
       Series FF-2, 5.50%, 6/15/40    2,399  2,676,102 
7,217,126
Total Municipal Bonds Transferred to       
Tender Option Bond Trusts – 31.6%                                  141,471,016
Total Long-Term Investments       
(Cost – $735,438,342) – 167.0%      746,992,779 

BLACKROCK MUNIHOLDINGS NEW YORK INSURED FUND, INC.

MAY 31, 2010

5


Schedule of Investments (concluded)

BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

  Par   
Short-Term Securities                                       (000)                    Value
       New York — 0.1 %     
City of New York New York, GO, VRDN,     
   Sub-Series A-6 (AGM Insurance,     
   Dexia Credit Local SBPA), 0.28%,     
   6/01/10 (d)  $ 375  $ 375,000 
Money Market Fund — 1.3%  Shares   
CMA New York Municipal Money Fund,     
0.00% (e)(f)                                                5,863,171        5,863,171  
Total Short-Term Securities     
(Cost –  $6,238,171) – 1.4%                                                    6,238,171
Total Investments     
(Cost – $741,676,512*) – 168.4%    753,230,950 
Other Assets Less Liabilities – 2.1%    9,566,775 
Liability for Trust Certificates, Including Interest   
 Expense and Fees Payable – (16.0)%    (71,752,964) 
Preferred Shares, at Redemption Value – (54.5)%  (243,647,486) 
Net Assets Applicable to Common Shares – 100.0% $  447,397,275 

* The cost and unrealized appreciation (depreciation) of investments as of

May 31, 2010, as computed for federal income tax purposes, were as

Aggregate follows: cost  $ 670,583,493 
Gross unrealized appreciation  $ 25,509,377 
Gross unrealized depreciation  (14,574,520) 
Net unrealized appreciation  $ 10,934,857 

(a) US government securities, held in escrow, are used to pay interest on this
security as well as to retire the bond in full at the date indicated, typically
at a premium to par.
(b) Represents a zero-coupon bond. Rate shown reflects the current yield as
of report date.
(c) Securities represent bonds transferred to a tender option bond trust in
exchange for which the Fund acquired residual interest certificates.
These securities serve as collateral in a financing transaction.
(d) Variable rate security. Rate shown is as of report date and maturity
shown is the date the principal owed can be recovered through demand.
(e) Investments in companies considered to be an affiliate of the Fund
during the period, for purposes of Section 2(a)(3) of the Investment
Company Act of 1940, as amended, were as follows:

    Shares Held    Shares Held   
    at August    at May 31,   
  Affiliate  31, 2009  Net Activity  2010  Income 
  CMA New York         
     Municipal         
     Money Fund  5,049,821  813,350  5,863,171  $ 1,307 
(f)  Represents the current yield as of report date.     

• Fair Value Measurements - Various inputs are used in determining the fair
value of investments, which are as follows:

• Level 1 — price quotations in active markets/exchanges for identical
assets and liabilities

• Level 2 — other observable inputs (including, but not limited to: quoted
prices for similar assets or liabilities in markets that are active, quoted
prices for identical or similar assets or liabilities in markets that are not
active, inputs other than quoted prices that are observable for the
assets or liabilities (such as interest rates, yield curves, volatilities,
prepayment speeds, loss severities, credit risks and default rates) or
other market-corroborated inputs)

• Level 3 — unobservable inputs based on the best information available
in the circumstances, to the extent observable inputs are not available
(including the Fund's own assumptions used in determining the fair
value of investments)

The inputs or methodologies used for valuing securities are not necessarily
an indication of the risk associated with investing in those securities. For
information about the Fund's policy regarding valuation of investments and
other significant accounting policies, please refer to the Fund’s most recent
financial statements as contained in its semi-annual report.

The following table summarizes the inputs used as of May 31, 2010 in
determining the fair valuation of the Fund’s investments:

Investments in Securities

Valuation Inputs  Level 1  Level 2  Level 3  Total 
Assets:         
 Long-Term         
   Investments1  —                     $746,992,779    —   $ 746,992,779 
 Short-Term         
   Securities  $ 5,863,171  375,000    6,238,171 
Total  $ 5,863,171          $747,367,779     —   $ 753,230,950 

1See above Schedule of Investments for values in each sector.

6 BLACKROCK MUNIHOLDINGS NEW YORK INSURED FUND, INC.

MAY 31, 2010


Item 2 – Controls and Procedures

2(a) – The registrant's principal executive and principal financial officers or persons performing
similar functions have concluded that the registrant's disclosure controls and procedures (as
defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the
“1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the
evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act
and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) – There were no changes in the registrant's internal control over financial reporting (as defined
in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter
that have materially affected, or are reasonably likely to materially affect, the registrant's
internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment
Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

BlackRock MuniHoldings New York Insured Fund, Inc.

By: /s/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer of
BlackRock MuniHoldings New York Insured Fund, Inc.

Date: July 23, 2010

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment
Company Act of 1940, this report has been signed below by the following persons on behalf
of the registrant and in the capacities and on the dates indicated.

By: /s/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer (principal executive officer) of
BlackRock MuniHoldings New York Insured Fund, Inc.

Date: July 23, 2010

By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock MuniHoldings New York Insured Fund, Inc.

Date: July 23, 2010