East News

NSM Acquires IDEAL Marine Insurance

Philadelphia-based program administrator NSM Insurance Group has acquired IDEAL Marine Insurance. IDEAL, based in Chicago, is a program specialist focused in non-construction ocean and inland marine. Geof McKernan, CEO of NSM, said the company is “aggressively seeking specialty underwriting or …

NJM Insurance Policyholders to Get Dividend Checks

New Jersey’s largest auto insurer is issuing dividend checks averaging $107 to its policyholders. New Jersey Manufacturers Insurance Company began issuing the checks on Monday. The Ewing-based company says the checks will be mailed through mid-December. The company insures 415,000 …

Massachusetts Falls Short Fighting Drunken Driving

The National Transportation Safety Board is faulting Massachusetts for not doing enough to combat what they call “hardcore” drunken drivers. The NTSB said Massachusetts is among 10 states in the country that have adopted four or fewer of 11 drunken …

The Hartford to Invest $7M in Neighborhood Around Its Headquarters

The Hartford announced plans to invest $7 million over five years to help redevelop the Asylum Hill section of Hartford, Connecticut, headquarters to the insurer for nearly a century. That investment includes $2 million to help the city purchase and …

Rhode Island Launches Online Worker’s Comp Verification

Rhode Island is the latest New England state to launch an online system that lets businesses and consumers verify whether an organization has workers’ compensation insurance coverage. The verification site is a partnership with the National Council on Compensation Insurance …

Driver in Fatal Connecticut Crash Sues Victim’s Parents

A Connecticut driver who’s serving a manslaughter sentence for striking and killing a 14-year-old boy is suing the victim’s parents, blaming them for their son’s death because they allowed him to ride his bike in the street without a helmet. …

Monitor Liability Managers Brings Lawyers Liability Program to New Jersey

Monitor Liability Managers, LLC (Monitor) has introduced a new lawyers professional liability (LPL) insurance program in New Jersey. The LPL program provides liability protection for law firms [headquartered in New Jersey] with one or more attorneys and will be administered …

General Star Expands Admitted Architects, Engineers Product to NY, NJ

General Star has expanded its architects and engineers professional liability program on an admitted basis to New York and New Jersey. This new feature is part of General Star’s nationwide A & E program, launched in January 2009. The sole …

Outgoing Governor Appoints Interim Connecticut Commissioner

Gov. M. Jodi Rell has appointed an acting insurance commissioner, days before the state’s insurance department is scheduled to hear a request for rate increases from one of Connecticut’s major health insurers. Rell’s office confirmed that Barbara C. Spear, who …

New Jersey Utility Reaches $450K Settlement Deadly House Blast

Public Service Electric & Gas will pay $450,000 to settle a wrongful death lawsuit brought by the family of a man killed in a 2008 house explosion. Sixty-six-year-old Richard Haas, who lived alone in the three-story Teaneck home, died after …

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