East News

Allstate Sues More New York Medical Firms

Allstate has filed its seventh lawsuit this year against what it says are medical corporations committing fraud in New York State. The $1.9 million suit claims that three medical corporations in the state were owned and operated by non-physicians who …

Gould Joins ProMutual Group

Boston-based specialty insurer ProMutual Group has named Katharine Gould as public relations specialist. Gould will assist with public relations activities including writing, researching and responding to media inquiries. She joins ProMutual Group with three years of experience in public relations …

Massachusetts Man Pleads Guilty in Fatal Staged Accident

A former Lawrence, Massachusetts man who participated in a staged car crash that took the life of a 65-year-old grandmother has been sentenced to 2 1/2 years in prison after pleading guilty to manslaughter. Prosecutors say Hairo Gomez was behind …

Contractor’s Blow Torch Starts $2M Fire at D.C. School

Interim D.C. Schools Chancellor Kaya Henderson says damage to a northwest Washington school is severe after a three-alarm fire, and plans are being made to move students elsewhere when they return in January. D.C. Fire Department spokesman Pete Piringer says …

People’s United Merges Its Insurance Agencies

Connecticut-based People’s United Bank said it will combine all of its insurance agencies into a single business entity — People’s United Insurance Agency — that will be headed by one management team. The combination of R.C. Knox, Beardsley Brown and …

New York City Ponders Benefits of Pay As You Drive Insurance

New York City is considering whether pay-as-you-drive auto insurance could reduce congestion and pollution in the Big Apple. The city’s department of transportation has issued a request for expressions of interest inviting vendors to submit information about pay-as-you-drive insurance policy …

USI Acquires Mastors & Servant in Rhode Island

New York-based USI Holdings has closed on its acquisition of Mastors & Servant Risk Services, a Rhode Island-based brokerage that specializes in commercial property/casualty, bonds and employee benefits insurance for middle-market businesses. Terms of the transaction were not disclosed. Mastors …

New York Agents Plan Court Appeal over Pay Disclosure Rules

Two New York agents’ groups said they have taken the first steps to appeal a decision by state court judge allowing state insurance regulators to force brokers to reveal their commissions. The Independent Insurance Agents and Brokers of New York …

Johnson & Strachan Names Venus as Principal

Virginia-based agency Johnson & Strachan Inc., has named Charlie Venus as a principal and partner. He joined the firm in 2008 from Travelers, where he had been managing underwriting director for select accounts in the company’s Washington, D.C. office. He …

Insurance Year in Review: East Edition

The touchy subject of agents’ commissions dominated headlines in 2010 — particularly in New York where regulators unveiled new rules that will force agents to reveal to clients how much they are paid. That decision struck a major nerve within …

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