East News

Federal Aid Approved for N.Y. Flood Victims

A Long Island congressman says 13 families who lost their homes in flooding more than a year ago will likely receive federal aid. Rep. Steve Bishop tells Newsday that the Federal Emergency Management Agency informed his office Friday that it …

Maryland Casino Construction Site Collapse Kills Worker

Anne Arundel County officials say one construction worker was killed and another was injured when a 30-foot wall collapsed at the site of a casino being built at Arundel Mills Mall. Rescue workers were called to the site of the …

Former N.Y. Official Admits Guilt in Hamptons Fraud

A former New York lawmaker convicted of insurance fraud earlier this year has pleaded guilty in a separate multimillion-dollar mortgage fraud scheme. George Guldi admitted to grand larceny and other charges Friday in a Suffolk County courtroom. In the earlier …

South Jersey Port Corp. Ends Attendance Perk

Acting on orders from Gov. Chris Christie, the South Jersey Port Corp. is no longer awarding bonuses to workers who show up on time. The agency’s board eliminated giving a day’s pay for every two consecutive months that workers showed …

Judge Releases Mass. Agency from 9/11 Lawsuit

The Massachusetts Port Authority was dismissed as a defendant from the last pending wrongful death lawsuit related to the Sept. 11 attacks, leaving United Airlines and a security company facing a trial in which airport screening procedures are expected to …

Rite Aid to Pay Mass. $2.1M for Overcharges

Rite Aid has agreed to pay $2.1 million in a settlement with the state attorney general’s office over alleged overcharges for prescription drugs under the workers’ compensation insurance system. Attorney General Martha Coakley said the pharmacy overcharged state agencies and …

Conn. Museum Audit Reveals Losses of More Than $500,000

An investigation into employee theft at the Mark Twain House & Museum in Connecticut shows the organization lost more than $500,000. Executive Director Jeff Nichols told The Hartford Courant that an audit revealed losses exceeding the amount covered by insurance. …

Lloyd’s Receives Reduced Collateral Approval in New York

Lloyd’s received approval from the New York Insurance Department to post reduced collateral on reinsurance contracts. Lloyd’s is approved as a Secure-3 reinsurer, meaning its collateral requirements will be reduced from 100 percent to 20 percent. Lloyd’s Director of North …

Long-Time Virginia Insurance Commissioner Gross Dies

Alfred W. Gross, who served as insurance commissioner for the state of Virginia for 14 years until he retired last year, has passed away, according to the National Association of Insurance Commissioners (NAIC). Gross retired last December at age 64 …

Mass. Gun-Maker to Pay $600K in Gun-Death Lawsuit

A Massachusetts gun-maker has agreed to pay nearly $600,000 to the families of one man who was killed and another man who was wounded in a shooting involving a gun allegedly stolen from the company, a national gun-control group announced …

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