East News

MetLife Says Former Wal-Mart Exec Leaves Board

The former head of Wal-Mart’s Mexico operations is stepping down from his current board positions at MetLife, effective immediately. The insurance giant announced Tuesday afternoon that Eduardo Castro-Wright had resigned “due to personal reasons.” Castro-Wright was leading Wal-Mart de Mexico …

Federal Lawsuit Targets MaineCare Cuts

A new federal lawsuit targets a rollback of MaineCare benefits supported by Maine Gov. Paul LePage that eliminated health care coverage for hundreds of legal immigrants living in the state. The lawsuit filed last week by Maine Equal Justice Partners …

Penn. Woman Gets 10-Years’ Probation for Foreclosure Notice Arson

A northwestern Pennsylvania woman will spend 10 years on probation for attempting suicide by setting fire to her home with a foreclosure notice. The Erie Times-News reported Monday that Erie County Judge John Garhart opted not to imprison 48-year-old Eve …

N.J. Stresses Importance of Financial Literacy to High School Students

Ken Kobylowski, acting commissioner for New Jersey Department of Banking and Insurance, is teaching teenagers about the importance of financial literacy. “Learning about financial literacy is just as important as learning about English, mathematics or science,” Kobylowski said during his …

N.Y. Gov. Cuomo Says Life Insurers Paid Over $262M After Probe

New York Gov. Andrew Cuomo said this week that a regulatory investigation into how insurers tracked life insurance policyholders resulted in 32,715 payments to consumers nationwide. The overall amount paid by insurers is $262.2 million, including 7,525 payments totaling $95.9 …

Maine Workers’ Comp Reform Bill Signed Into Law

A new Maine bill that brings wide-ranging changes to the state’s workers’ compensation system was signed into law last week. The bill, signed into law by Maine Gov. Paul LePage, is called An Act to Review and Restructure the Workers’ …

Three Massachusetts Hospitals Cited for Denial of ER Care

State health officials have cited three Massachusetts hospitals in the past six months for turning patients away from their emergency rooms, including one case when the person died en route to another hospital. Investigators determined that Charlton Memorial Hospital in …

N.Y. Gov. Cuomo Announces Storm Aid for L.I. Counties

New York Gov. Andrew Cuomo said the state is providing $8.5 million to Nassau and Suffolk counties on Long Island. The money will be used to pay expenses from damage done last year by Hurricane Irene and Tropical Storm Lee. …

Maine Businessman Gets 2 1/2-Year Prison Term for Insurance Fraud

The owner of a Kittery, Maine, medical equipment supply company has been sentenced to 2 1/2 years in prison for health care fraud and for lying on an application for a loan from the U.S. Small Business Administration. Peter Enzinger …

New York to Get $61M in Drug Company Settlement on Vioxx

New York Attorney General Eric Schneiderman says New York will get $61 million from last week’s national settlement with drug maker Merck & Co. to resolve an investigation into the marketing of the painkiller Vioxx. A federal court has accepted …

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