East News

Markel Expands Motorcycle Coverage to New Jersey

Markel American Insurance Co. has expanded its recreational vehicle coverage into New Jersey. For over 35 years, Markel American Insurance Co. has insured factory-made and custom-built motorcycles and trikes. New Jersey becomes the 48th state where cyclists have the opportunity …

N.J.’s Insurance Regulator Offers Tips on Preparing for Hurricanes

As the 2012 hurricane season begins, New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski is encouraging state residents — particularly those who live in coastal areas — to make sure they have a plan in place that …

N.J.’s Consolidated Insurance Agents Adds 2 Agencies to Network

Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, said it added two new agencies to its network in May.BCG Advisors Inc. of Jersey City and Alamo Insurance Group of Newark have joined …

New York Court Rejects College Pitcher’s Injury Claim

New York’s top court says a college pitcher hit in the face with a line drive at indoor practice accepted the sport’s risk and has rejected his damages claim against Clarkson University and the coach. The Court of Appeals says …

Maine-Based WC Insurer MEMIC Group Hires 2 Senior Underwriters

The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, has appointed two senior underwriters: Mark Darragh for New Jersey and surrounding areas operations and Katrinka Casamassa for Pennsylvania operations.Darragh will be responsible for new business development for the …

Pennsylvania Judge: Insurer Must Cover Sandusky’s Legal Bills for Now

A judge ruled on Monday that Federal Insurance Co., part of Chubb Group of Insurance Companies, must continue to cover Jerry Sandusky’s defense costs, at least for now. Sandusky is the former Penn State assistant football coach who is accused …

Stahlka Agency Acquires Historic Square Agency’s Western N.Y. Practice

Stahlka Agency, an independent insurance agency and member of the EMS Group, based in Williamsville, N.Y., acquired the Western New York practice of Erie, Penn.-based Historic Square Insurance Agency. Terms of the transaction were not disclosed. Stahlka Agency, an independent …

Philadelphia Archdiocese’s Legal Bill Reached $11.6M in Past 2 Years

The Roman Catholic Archdiocese of Philadelphia spent $11.6 million on legal fees in the past two fiscal years, most of it on priest sex abuse cases, according to a financial report released Tuesday. The figure includes $10 million in the …

Insurance Industry Charitable Foundation Plans Expansion to Boston

The Insurance Industry Charitable Foundation (IICF) is planning to expand its volunteer and charitable services to the Boston and New England region. The foundation will hold an informational meeting in Boston this month to introduce IICF to the local insurance …

New York City at Greatest Financial Risk from Hurricanes: CoreLogic

When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area. Data analysis firm CoreLogic …

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