East News

Mass. Commissioner to Hold Hearing on 19.3% WC Rate Hike Request

Massachusetts insurance commissioner Joseph Murphy will hold a public hearing March 30 to examine a rate increase request from The Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB). The request, filed on March 1, calls for a 19.3 percent …

Great American Insurance Appoints Divisional VP in Connecticut

Great American Insurance Group promoted Stephanie Hoboth to divisional vice president of its fidelity and crime division in Windsor, Conn. Hoboth began her career with the company in 1997 as an underwriter trainee. Over the past 15 years, she has …

Glitch Gives MaineCare to Ineligible Recipients

State officials say they’re trying to determine the overall cost of a computer malfunction that resulted in 19,000 people receiving checks for MaineCare even though they were ineligible. State Health and Human Services Commissioner Mary Mayhew revealed the problem Tuesday …

Ban on Texting While Driving in Pennsylvania Goes Into Effect

A new state law requiring Pennsylvania drivers to pull over and stop if they want to use text-based communications went into effect at midnight Thursday, although it remains legal to use a hand-held cellphone behind the wheel. The statewide texting-while-driving …

N.Y. Financial Services Staff Visit Neighborhoods Hit by Foreclosures

Mortgage foreclosure prevention specialists from New York State Department of Financial Services will visit a New York City neighborhood that has been hard-hit by a spate of home foreclosures. The prevention specialists and the department’s Mobile Command Center, a 36-foot …

Liberty Mutual Posts $284M Q4 Income; $365M Profit for Full Year

Liberty Mutual Group reported $284 million in net profit for 2011 fourth quarter — down 50.7 percent compared to the same period one year ago. The insurer said the quarterly operating results were hurt especially by losses from Thailand floods. …

Lifetime Health Care Caps End for 374,000 in Rhode Island

U.S. health officials say that 374,000 Rhode Island residents will no longer bump up against a lifetime limit on health care coverage because of a provision of the federal health care overhaul. The U.S. Department of Health and Human Services …

Virginia Man Pleads Guilty to Faking Death for $750K Insurance Payment

A Lunenberg man has pleaded guilty to trying to fake his death to receive a $750,000 life insurance payment. U.S. Attorney Neil MacBride says 38-year-old Jamie Dwayne Long pleaded guilty Monday to mail fraud. Long bought the policy with Modern …

Ironshore Names McDonough as New England Exec

Eugene F. McDonough has been appointed as New England regional executive and vice president of U.S. operations for Ironshore Inc. McDonough, based in Boston, will be responsible for business development and program oversight in the region representing New England and …

Abuse Suit Against Massachusetts Private School Setttled

An exclusive western Massachusetts private school has settled a lawsuit brought by a former student who said she was sexually assaulted by a teacher when she was 16 and that the school did nothing about it. A spokeswoman for the …

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