East News

IA&B Groups Elects New Officers and Directors

The Insurance Agents & Brokers, a partnership of agents’ associations in Delaware, Maryland and Pennsylvania has elected new directors. Chairman David Rosenkilde, of ABCO/ICS Insurance Services Inc., in Reisterstown, Maryland, and Vice chairman Robert B. Hall, of Francis Hall Insurance …

Connecticut Insurance Regulators Requiring Data Breach Notification

Five days. That’s how quickly agents and insurers must now notify Connecticut insurance regulators about a possible leak of clients’ personal information. The new bulletin, released earlier this month, follows a string of incidents in the Nutmeg State in which …

Forfeiture Postponed in Ex-Pennsylvania Judge’s Fraud Case

A federal court forfeiture hearing has been postponed in the case of a former Pennsylvania Superior Court judge convicted of insurance fraud, because the judge’s wife has hired a new attorney to try to prevent their home from being seized. …

Eastern Insurance Announces CEO Succession Plans

Eastern Insurance Holdings said founder and CEO Bruce M. Eckert will step down at the end of the year and President and Chief Operating Officer Michael L. Boguski will assume the top executive for the role of president and chief …

William Gallagher Associates Acquires Paradigm

Boston-based broker William Gallagher Associates has acquired Paradigm Associates, a health and welfare benefit plan consulting group headquartered in Braintree, Massachusetts. Paradigm Associates was founded in 1995 and has a client base of 85 organizations with particular expertise in health …

Fireworks Caused Boston’s Massive Warehouse Blaze

Firefighters investigating what they’ve described as the biggest blaze in Boston in decades say it was caused by some men setting off fireworks from the roof of a nearby building. Fire department Lt. Hank Sheridan said Tuesday the men caused …

New Hampshire Workers’ Comp Trust to Pay $245K in Dividends

The Association Members Workers’ Compensation Trust said it will pay dividends totaling $245,000 to New Hampshire businesses that participated in the program between 2004 to 2006. The dividends, a portion of which were previously distributed, vary between 19 percent to …

Virginia State Police Report on Weekend Patrols

The latest Virginia State Police crackdown on speeders and reckless drivers has resulted in more than 4,000 traffic violations. State troopers tallied that impressive number over the weekend on Interstates 64 and 66. The safety campaign dubbed “Operation Air, Land …

Pennsylvania Indicts Agency Execs, Spouses in $7.5M Pyramid Scheme

Two Pennsylvania insurance agency execs and their spouses have been charged in what prosecutors say is a massive pyramid scheme that swindled local colleges, businesses and other organizations of more than $7.5 million. The central figures in the alleged scheme …

Virginia Commissioner Gross to Retire

Virginia Insurance Commissioner Alfred W. Gross announced he will retire at the end of the year. Gross, a 30-year veteran of the Bureau of Insurance, has been the commissioner of for 14 years. “It is with mixed emotions that I …

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