East News

Boston Man Convicted of Alberto Insurance Shooting

A Boston man has been convicted of shooting the owner of a Fall River, Ma. insurance agency during a robbery. Peter Chamberlin was convicted of charges including attempted murder. Prosecutors say Chamberlin was one of three men who burst into …

Massachusetts Agents Seek Ballot Measure to Ban Insurers’ Use of Credit Scores

Massachusetts independent insurance agents who oppose the use of credit scores, occupation and education level in auto insurance pricing by the insurance companies they represent are pushing to put a petition to ban such pricing on the state’s 2010 ballot. …

Judge Scolds PennDOT for Pursuing Uninsured Woman

A three-judge Commonwealth Court panel Tuesday upheld the suspension of a Philadelphia woman’s car registration for allowing her insurance to lapse, although one judge scolded the Pennsylvania Department of Transportation for filing an appeal when evidence showed the woman had …

Group Wants to Repeal Key Part of Mass. Health Law

Anti-abortion activists are pushing a ballot question designed to repeal a key element of Massachusetts’ landmark health care law. Massachusetts Citizens for Life President Anne Fox said the question would end the individual mandate that requires virtually everyone in the …

Dispute over NH Insurance Plans to Go to Hearing

A dispute between New Hampshire regulators and a nonprofit group over how it manages health insurance risk pools for public workers and retirees is headed for a state hearing. The state Bureau of Securities Regulation released its final report Tuesday …

Judge Scolds PennDOT for Pursuing Uninsured Woman

A three-judge Commonwealth Court panel Tuesday upheld the suspension of a Philadelphia woman’s car registration for allowing her insurance to lapse, although one judge scolded the Pennsylvania Department of Transportation for filing an appeal when evidence showed the woman had …

New Jersey Man Pleads Guilty To Identify Theft Scam

New Jersey Attorney General Paula T. Dow and Division of Criminal Justice Director Stephen J. Taylor announced that a man from HudsonCounty, N.J. has pleaded guilty to an identity theft scam. According to Acting Insurance Fraud Prosecutor Ronald Chillemi, Remny …

October Hearing Set on Va. Workers’ Comp Premiums

Virginia regulators are planning to hold a hearing in October on proposed adjustments in premiums charged for workers’ compensation insurance. The State Corporation Commission said it set an Oct. 27 hearing in Richmond on the request from the National Council …

Julio C. Shaik Joins Maryland’s IWIF as Chief Investment Officer

Julio C. Shaik, CFA, recently joined IWIF Workers’ Compensation Insurance as assistant vice president of investments and CIO. A Chartered Financial Analyst, Shaik manages IWIF’s investment portfolio and advises the company’s board of directors on investment strategies to improve portfolio …

Bankers Insurance Acquires Gateway Insurance

Bankers Insurance LLC, headquartered in Richmond, Va., has acquired Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares Inc. Gateway Insurance Services Inc. has five offices in eastern North Carolina and one office in eastern Virginia. Consideration paid by …

East News Archives by Month