East News

Connecticut Jury Awards $1M to Victim of Alleged Rape

A Connecticut teenage girl who says she was raped in the back of a taxi in Naugatuck in 2007 has been awarded $1 million in a lawsuit against the alleged attacker and the cab company. A Waterbury Superior Court jury …

New York Recovered $32.2M for Policyholders Last Year

New York insurance regulators recovered $32.3 million last year for consumers who complained about insurers’ business practices and claims handling. The Insurance Department investigates approximately 60,000 complaints a year. In all, 7,780 people across the state received money back as …

Marchetti Joins Ames & Gough in Washington D.C.

Washington D.C.-based specialty insurance brokerage Ames & Gough has appointed Tom Marchetti as a client executive. Marchetti is responsible for providing service to existing clients and developing new relationships in the Washington, D.C., metropolitan area, as well as other regions …

New York Agency Releases Upscale Restaurant Coverage

The City and Suburban Lifestyles Restaurant Insurance Market unveiled a new policy in New York that will target fine dining establishments, commonly referred to as “white tablecloth” restaurants, upscale family-style eateries, high-end on-site catering entities, and late evening lounges serving …

New York State Insurance Fund Anti-Fraud Program Netted 154 Arrests

The New York State Insurance Fund (NYSIF) says its program targeting workers’ compensation insurance fraud resulted in 154 arrests and $16.6 million in recoveries and estimated savings last year. NYSIF is the Empire State’s largest workers’ compensation insurer and employs …

PURE Expands High Value Home Coverage into Rhode Island

PURE Risk Management LLC is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer property/casualty insurance coverage on high value homes in Rhode Island. PURE will also offer automobile, jewelry, art, personal liability and watercraft insurance …

Connecticut Insurance Agent Faces Sentencing for Fraud

A Waterbury businessman faces sentencing for ripping off clients of more than $1.3 million, which he used to gamble at Connecticut’s casinos. Thomas Cipriano has pleaded guilty to mail fraud and money laundering. The 54-year-old is scheduled to be sentenced …

Maryland Governor Backs Ignition Lock for Drunk Drivers

Gov. Martin O’Malley said Thursday he would support requiring first-time drunk drivers to install ignition locking systems in their vehicles, so they couldn’t drive them if they’ve had too much to drink. O’Malley announced his support for the measure while …

17 People in Charged in Pennsylvania Insurance Scam

The U.S. Attorney’s office and the FBI in Philadelphia say 17 people are facing charges of mail fraud in what authorities call a scheme that defrauded insurance companies of more than $630,000. Authorities on Friday said a chiropractor and attorney …

Todd Named Named Business Development Director for CNA

Linda Todd has been appointed director of Business Development for CNA’s Philadelphia branch. She will help shape and expand CNA’s market presence and sales culture, and will support the business insurer’s branches in Reading and Pittsburgh. She brings to her …

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