East News

M&M Insurance Services Joins the ISU Network

M&M Insurance Services of Marine Park, N.Y., has joined the ISU Network. ISU M&M Insurance Services will continue to represent real estate clients, but has branched out to include hedge funds and high net worth individuals. Agency Principal Marc Rovner …

Atchinson Named Head of PIAA

The Physician Insurers Association of America (PIAA) has named Brian K. Atchinson president and chief executive officer, effective August 1. He succeeds Lawrence E. Smarr, who is leaving the PIAA — a Maryland-based trade group for medical professional liability insurers …

Group Gives Vermont High Insurance Ranking

A conservative think tank is giving the state of Vermont high marks for insurance regulation. The Chicago-based Heartland Institute says that Vermont has the best property and casualty insurance marketplace and the best regulators. The institute annually rates the states’ …

Small Earthquake Felt in Eastern Maine

A small earthquake across Maine’s Blue Hill peninsula prompted a handful of calls to law enforcement officials, but no damages were reported. According to the Weston Observatory at Boston College, the magnitude 2.3 quake happened at 5:23 a.m. Thursday and …

Seven Plead Guilty in $1M Poconos Insurance Fraud Case

Seven of nine people charged with cheating health insurers out of more than $1 million have pleaded guilty in county court. The Pocono Record reported on its website Wednesday that seven, including alleged ringleader Judi Grate, 60, of Effort, pleaded …

Pennsylvania Flood Damage Could Top $1M

As cleanup efforts in northeastern Pennsylvania continued, state and federal officials crunched numbers to get a dollar amount on damages from flash flooding that damaged homes and washed out bridges and roads. Damages could be in the millions. A preliminary …

Schuler to Head IWIF Board

Maryland’s IWIF Workers’ Compensation Insurance has named a new slate of officers for its board. Leonard Schuler Jr. will serve as chairman, Lewis C. Powell as vice chairman, Rocky V. Gonzalez as secretary and Joseph M. Coale will serve as …

Maran Names Yuh as Claims Director

Maran Corporate Risk Associates named Jiyun Yuh director of claims and risk control. Yuh has more than 20 years of experience in the insurance industry. She served for five years as vice president and senior claims consultant at Conner Strong …

NFP Acquires Lapre Scali

National Financial Partners Corp. (NFP) has acquired Lapre Scali & Co. Insurance Services for an undisclosed sum. New York-based NFP provides benefits, insurance and wealth management services. Lapre Scali, headquartered in Scottsdale, Arizona, is a national P&C brokerage with annualized …

New Jersey Agent Pleads Guilty to Stealing $1.9M

A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of America’s West Essex Agency in …

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