East News

Lightning Possible Cause of Fire at New York Condos

Authorities are trying to determine if a lightning strike from severe thunder storms sparked a fire that caused extensive damage to a suburban Buffalo condominium complex. WGRZ-TV reports that firefighters arriving on the scene around 2:15 a.m. Wednesday found heavy …

New York Increases Requirements for Excess Line Insurers

A new regulation that goes into effect in New York this month will force excess line insurers to triple their minimum policyholders surplus to $45 million by the middle of 2013. For eligible excess line insurers already in the state, …

PCI Names Bell Senior Counsel

The Property Casualty Insurers Association of America (PCI) has named Michael Bell senior counsel, financial policy in the policy development and research department. Bell, based in Washington, D.C., spent over 20 years in private legal practice, providing counsel on complex …

Exploding Drum Injures Upstate New York Worker

A 42-year-old upstate New York man has been hospitalized after the 55-gallon drum he was cutting up exploded and shot into the air, hitting him on the head. The Lewis County Sheriff’s Office says Ricky Poore was using a cutting …

Sweeney Named Vice President for TD Insurance

TD Insurance has named Mark P. Sweeney as vice president in Providence, Rhode Island. He is responsible for new client development as well as the management of health and welfare plans for clients in the commercial and middle market segments. …

Termini Joins Markel in Virginia

Specialty insurer Markel appointed John Termini as managing director for its environmental product line. Termini, based in Richmond, Virginia, has 20 years of insurance experience and most recently served as vice president and director of environmental liability for Aspen Specialty. …

Belly Dancing Sinks New York Woman’s Disability Claim

A Staten Island woman who was getting $850 a month in alimony because she was supposedly disabled and unable to work had to give the payments up after her ex-husband spotted photos of her belly dancing on the Internet. Brian …

NYC Insurance Salesman Mistakenly Gets 643 Summonses

A New York City man has been mistakenly hit with 643 summonses totaling $48,000. The Sanitation Department issued the tickets to 72-year-old Levy Zelishovsky for illegally posting fliers around Brooklyn advertising a moving company. The insurance salesman has never been …

KMRD Adds Rosta, Seserko

Pennsylvania-based broker KMRD Partners has added Ryan Rosta and Melissa Seserko. Rosta will serve as sales and relationship manager. He formerly served with a top 50 insurance broker in Philadelphia and has extensive experience performing risk management and coverage needs …

Delaware Emergency Services Get More Insurance Funds

Delaware’s volunteer fire, rescue, and ambulance companies will be receiving more money from insurance premiums this year than they did last year. Officials say the emergency service agencies will receive about $26.5 million in the current fiscal year, up from …

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