East News

New Hampshire Association Repaying $17M

A nonprofit that manages New Hampshire’s public employees’ health insurance risk pool is repaying the health insurance pool $17 million diverted to support a workers’ compensation program. The Local Government Center’s board announced Thursday it will repay its HealthTrust the …

New Jersey Court: Drunk Driver Can Sue Bar that Served Him

New Jersey’s Supreme Court has ruled a convicted drunken driver has the right to sue the bar that served him. Wednesday’s 5-2 ruling stems from a 2006 motorcycle crash in which Frederick Voss had a blood-alcohol level of .196 percent, …

Massachusetts Digs out After Deadly Tornadoes

Residents of 19 small communities in central and western Massachusetts were left to deal with widespread damage this week, after at least two late-afternoon tornadoes shocked emergency officials and residents more accustomed to dealing with snow and bone-chilling cold than …

Virginia Regulators Urge Homeowners to Check Coverage

Virginia regulators are urging homeowners to review their insurance policies with the start of hurricane season this week. The State Corporation Commission, which regulates insurers, said that some companies automatically include a deductible for wind or hurricane losses in their …

Cioppa Named Acting Superintendent in Maine

Eric Cioppa will serve as acting superintendent of the Maine Bureau of Insurance, following the departure of Mila Kofman last month. Cioppa most recently served as deputy superintendent. He joined the Bureau of Insurance in 1988 as a statistician and …

Gallagher Buys D.C. Financial Firm

Insurance broker Arthur J. Gallagher & Co. has acquired Independent Fiduciary Services Inc. (IFS), a Washington-based institutional investment advisory firm. Terms of the transaction were not disclosed. Founded in 1986, IFS provides investment consulting and other services to pension, welfare …

Halvorsen Joins Lockton in New York

Lockton has hired Marianne Halvorsen as vice president and producer. Halvorsen, who will be based in New York, previously served as a vice president and client advocate with Willis. She is also an instructor at St. John’s University.

Driver of Car Hit by Train is Billed for Damage

Metro-North plans to bill a 40-year-old woman for the damage one of its trains suffered when it struck the woman’s car in Milford, Connecticut on Sunday. Metro-North spokeswoman Marjorie Anders says the commuter railroad has determined that Vicki Buker-Besse of …

Rhode Island Radio Host, Ex-Politician to Admit to Fraud

A Rhode Island radio personality and a former North Providence town council president are set to admit to taking part in an insurance fraud scheme. Lori Sergiacomi — known on air as Tanya Cruise — and Robert Ricci are scheduled …

Two Diamond Dealers Get Prison in Fake NYC Heist

Two diamond dealers will spend more than a year in prison after being convicted of staging a heist in hopes of snaring insurance money to save their failing New York City business. Mahaveer Kankariya and Atul Shah were sentenced Friday …

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