East News

Peiser Named Chief Operating Officer at RMI Consulting

RMI Consulting, a risk management consulting firm based in Port Washington, New York, has appointed Joseph Peiser as partner and chief operating officer. Peiser will oversee the day-to-day management of RMI Consulting and the firm’s risk purchasing division, RPG Management. …

Hotel Fire Destroys Entire Block in New Hampshire

A fire that started in an unoccupied oceanfront hotel was fanned by hurricane-force winds and spread to several nearby buildings, engulfing and destroying an entire block of businesses on a stretch of Hampton Beach popular with summer tourists. No injuries …

Mass. AG Coakley Opposes Proposed Workers’ Compensation Rate Hike

Massachusetts Attorney General Martha Coakley said she opposes an insurance industry request to raise workers’ compensation premiums by about four percent this year. She said the hike would put an “additional strain” on employers already struggling in a tough economy. …

Vermont Firms to See Decline in Workers’ Comp Costs

Vermont Gov. Jim Douglas says the state’s business owners are going to be paying less for workers’ compensation insurance. The new rates that will take effect April 1 will mark the fourth consecutive year in which rates have decreased. The …

Connecticut Fines Zurich $235K

Connecticut insurance regulators have ordered insurer Zurich to pay $235,000 in fines for having unlicensed agents and adjusters, improperly rating commercial lines, and for lack of oversight for document retention. Insurance companies in Connecticut are required to formally appoint and …

Connecticut PIA Elects New Leadership

The Professional Insurance Agents of Connecticut Inc has elected new officers. They are: President Howard Olderman, of Milford, who is president of The Olderman and Hallihan Agency Inc. in Ansonia. President-elect: James Berliner, of Danbury, who is president of Berliner-Gelfand …

Massachusetts Worker’s Compensation Premium Rates Could Rise

Massachusetts workers’ compensation insurance rates would rise an average of 4.5 percent under a new rate proposal submitted by the Workers’ Compensation Rating and Inspection Bureau. The bureau is the licensed rating organization that files rates on behalf of insurers …

Kissick Named President of York Programs

New Jersey-based York Insurance Services Group, a provider of claims administration and risk management services, has named Mark Kissick as president of York Programs. Kissick will have responsibility for financial results, segment growth, marketing strategy, business development and client satisfaction. …

Pittsburgh Area Prepares for Snow-Related Flooding

Emergency management officials say the Pittsburgh region will face major flooding in the coming weeks as record-breaking amounts of snow begin to thaw. Allegheny County Emergency Services Chief Bob Full said at a meeting in Sharpsburg on Friday that “the …

Appeals Court Reinstates Lawsuit over Hot Sandwich

It’s been nearly five years since carnival operator Frank Sutton bit into a chicken sandwich at a McDonald’s at a truck stop in Virginia. The legal world is still dealing with the ramifications. In February month, a federal appeals court …

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