East News

Foremost Insurance Group Launches Auto Program in New York

Foremost announces their DISTINCTCHOICE auto program in New York. Foremost’s new auto program is designed with increased limits, deductible options and important coverages for drivers. The DistinctChoice auto program features broad eligibility and popular discounts. Some of the highlights include: …

Murphy to Lead ProMutual’s Entrance into Virginia Market

Boston-based medial professional liability insurer ProMutual Group will begin selling coverage in Virginia through its member company, ProSelect Insurance Co. Tom Murphy has been hired to manage the distribution network, community relations and new business development. He will also be …

Diette Joins Target Insurance Services

Connecticut-based managing general underwriter Target Insurance Services has named Mark Diette as senior vice president in charge of business development. Diette, who will also lead one of Target’s soon to be released professional liability programs, is a 30-year industry veteran. …

Agent Gets 3 Years for Pocketing Premiums in New Jersey

A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney general’s office. Thomas Hurd, 53, of Bensalem, …

OneBeacon Launches New E&S Division; Crosby to Head

Massachusetts-based OneBeacon Insurance Group said it is launching a new E&S lines business and has appointed Dennis Crosby as president of the business, OneBeacon Excess and Surplus Lines. OneBeacon said the new division will both support its current business and …

Sharis to Head Northeast Region for Ironshore

Specialty insurer Ironshore has named Michael Sharis regional executive of the Northeast region, based in its Boston office. Sharis will oversee business development in the Northeast corridor. He most recently served for six years in the specialty casualty group in …

Massachusetts Court Changes Slip-and-Fall Liability

In a decision that changes nearly a century’s worth of case law, Massachusetts highest court has ruled that property owners can be held liable for snow-related injuries — regardless of whether plows cleared the snow. For more than 100 years, …

Agency Employee Charged with Stealing $22K from New York Agency

The owner of a Woodside, New York insurance brokerage has been arrested for allegedly stealing $22,300 in commissions from an insurance agency that fired her. New York fraud investigators said Gohar Parunakyan, 40, of Fresh Meadows, typed her name on …

Lee Named Branch VP for The Hanover in New Hampshire and Vermont

The Hanover has appointed Michael H. Lee as branch vice president for Commercial Lines for the company’s New Hampshire and Vermont markets. In this new role, Lee will lead the company’s efforts to strengthen its presence in these states by …

Deardorff Promoted to Underwriting Director at All Risks

Maryland-based wholesale brokerage All Risks Ltd. has promoted Deanna Deardorff, has been promoted to director of corporate underwriting. Deardorff, a 27-year veteran of the firm, has served as underwriter, team leader, unit manager and project manager for initiatives related to …

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