East News

U.S. Calls $2M NYC Deal Largest Fair Housing Act Settlement Ever

The federal government has announced that a settlement with a New York City landlord will result in more than $2 million being paid to tenants who were sexual harassment victims. U.S. Attorney Preet Bharara announced the deal Tuesday. He called …

New York Fines 15 Insurers Over Mental Health Notices

New York regulators have fined 15 insurers $2.7 million for failing to notify small businesses they were eligible to buy special coverage for mental illnesses and children with serious emotional disturbances. Superintendent of Financial Services Benjamin Lawsky says they are …

N.Y. Officials Target Safety on Dangerous Roadway in Nassau County

Safety upgrades are planned for a New York highway that has averaged five pedestrian deaths annually since 2005. Officials in Nassau County are targeting repainted crosswalks, increased signal time for walkers, and upgraded crossing signals. Newsday reports the changes are …

Virginia Regulators End Shenandoah Life Insurance Co.’s Receivership

A Roanoke, Va.-based insurance company is no longer in receivership. The State Corporation Commission announced Tuesday that it ended Shenandoah Life Insurance Company’s receivership because of a successful rehabilitation plan. The decision means Shenandoah Life can manage its affairs and …

Insurance Club of Pittsburgh Announces Insurance Person of the Year

Insurance Club of Pittsburgh has named Burns & Wilcox executive Kermit Shaulis as the Insurance Person of the Year. The award was presented at the group’s recent annual convention. Shaulis is a 40-year veteran of the insurance industry. He joined …

R.I.-Based Narragansett Bay Insurance Appoints VP

Narragansett Bay Insurance Company, a Pawtucket, R.I.-based homeowners insurer, appointed Miles Hunter as vice president of corporate development. In his new role, Hunter will provide decision support and analysis to the company’s executive team and investor group. Previously, he worked …

Genworth Financial Cuts About 80 Positions at Virginia Offices

Genworth Financial Inc. has cut nearly 80 positions at two Virginia operations. The move comes days after the Richmond-based company’s chairman and CEO, Michael D. Fraizer, resigned. Genworth spokesman Tom Topinka told the Richmond Times-Dispatch that the cuts were fewer …

ACE Westchester Appoints VP in New York

ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, appointed Richard Luca as vice president of management liability for its professional risk division. He is based in the greater New York City area. Luca will have national responsibility …

Two Dozen Agencies to Host Job Fairs Next Week Near Pittsburgh, Penn.

Some two dozen independent insurance agencies will host job fair events next week in the Pittsburgh, Penn., region. The agencies said they are looking to fill jobs in customer service and sales. The agencies are planning three job fair events, …

New Hampshire Bill Beefs Up Landowner Liability Protections

The New Hampshire State Senate’s Judiciary Committee is considering a bill aimed at beefing up liability protections for New Hampshire landowners who open their property to the public. The House-passed bill says any landowner, lessee or manager of property open …

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