East News

FCCI Insurance Expands to Maryland, Hires New Marketing Underwriter

Sarasota, Fla.-headquartered property/casualty insurer FCCI Insurance Group (FCCI) recently expanded into Maryland and has hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency relationships in the new state. Ferritor will be based in Ellicott City, Md. …

Allied World Assurance Company Opens Philadelphia Office

Allied World Assurance Company Holdings announced the opening of Allied World U.S.’s new office in Philadelphia. The company also said Mike Sobel, vice president, has been appointed Philadelphia branch manager and will oversee distribution and business development for the Mid-Atlantic …

Vt. Police to Conduct Sobriety Checkpoints, Identify Impaired Drivers

Vermont State Police and other law enforcement agencies have begun conducting sobriety and vehicle safety checkpoints within Caledonia and Essex counties. Between Sunday, May 20, and June 3, an aggressive effort will be made to identify impaired drivers. Troopers, sheriff’s …

Vermont Motorist Texts While Driving, Crashes Into Police Cruiser

Vermont police say a 33-year-old motorist was distracted while writing a text message on his cellphone when he crashed into a police car. Vermont State Police say Jesse Clayton crashed into a Rutland police cruiser at about 1 a.m. last …

Mass. AG Coakley Seeks to Close Loophole in State’s Drunk-Driving Law

Massachusetts Attorney General Martha Coakley and state lawmakers are seeking to close a loophole in the state’s drunk-driving law (Melanie’s Law) that was brought to light in a recent court decision. Responding to a Supreme Judicial Court decision issued last …

N.Y. to Boot Crooked, ‘Dirty Doctors’ From No-Fault Insurance

Insurance regulators plan to start kicking crooked doctors out of New York’s no-fault program next month, calling them linchpins in fake-accident scams that cost insurers and ultimately policyholders hundreds of millions of dollars. Regulations are set to take effect June …

New York Hearings on ‘Forced’ Insurance in Foreclosure

Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators. In …

N.Y. Compensation Insurance Rating Board Seeks 11.5% Rate Hike

The New York Compensation Insurance Rating Board (NYCIRB) has submitted to the Department of Financial Services on Thursday a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost represents the anticipated cost …

Northern United Agents Alliance in N.H. Expands, Adding 2 New Agencies

The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, added two new agency members. The new members are: Maloney Associates Insurance in Hanover, N.H., and Bernier Insurance Agency in Rochester, N.H. Maloney Associates Insurance was …

Vermont Governor Shumlin Signs Health ‘Exchange’ Bill

Gov. Peter Shumlin has signed into law the next step in a multi-year effort to revamp Vermont’s health care system and make it more like Canada’s. The bill Shumlin signed on Wednesday calls for setting up a regulated health care …

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