East News

Delaware Court Changes Underinsured Limits in Case of Hurt Motorcyclist

A Delaware Superior Court has ruled that Progressive Insurance Co. must provide $15,000 in uninsured/underinsured motorist (UM) coverage to a severely injured motorcyclist who sued the insurer after learning he had none. The policyholder, Mark Banaszak, has sough to reform …

New York City Begins New Licensing of Pedicabs

The New York City Department of Consumer Affairs has begun accepting license applications from pedicab business owners. The deadline to submit applications is Nov. 20. Pedicab operators must obtain driver licenses that are valid under New York State law and …

Pennsylvania Farmers Reminded of Sept. 30 Crop Insurance Deadline

Pennsylvania farmers can protect their income against unexpected losses by purchasing crop insurance before Sept. 30, said acting Agriculture Secretary Russell Redding. The Crop Revenue Coverage (CRC) base fall price for winter wheat is set at $5.29 per bushel for …

Maryland Insurance Administration Accredited by State Regulators

The Maryland Insurance Administration (MIA) has been given a five year accreditation from the National Association of Insurance Commissioners (NAIC) for solvency regulation. The accreditation under the Financial Regulation Standards and Accreditation Program was awarded at the meeting of the …

New Jersey Insurance Worker on Turning 100: ‘I Don’t Feel or Think Old’

Astrid Thoenig got dressed, went to work and sat at her desk smiling last Thursday as she slid her finger gently under the envelope flap of yet another identical birthday card. They don’t make that many that say “Happy 100th.” …

Norfolk & Dedham, Rockingam Group Form Mutual Insurance Alliance

Two East Coast-based mutual insurance companies have formed a mutual alliance that they say allows them to achieve efficiencies, diversification and spread of risk without actually merging their companies. The Norfolk & Dedham Group and the Rockingham Group said that …

Insurer Valiant Doubling Size of New York Headquarters

Specialty insurer Valiant Insurance Group announced plans to expand its New York City headquarters and relocate to a larger space in a move designed to accommodate a workforce double its current size. “Despite challenging economic conditions, we’ve enjoyed several years …

New York Wholesalers’ Group Elects New Officers

The Professional Insurance Wholesalers Association of New York State Inc. has elected Lucas Snyder of the NIF Group as its president.Snyder is the organization’s first second-generation president — he is the son of past president Abe Snyder. Other officers for …

Man Arrested for Setting Massive Fire in Bronx

New York fire officials say a man has been arrested on arson charges in connection with a Bronx fire that caused $2 million in damage. The blaze started March 22 at 122 Westchester Square in a business undergoing renovations called …

Connecticut Adds Second Test for Teen Drivers

Starting next month, all 16- and 17-year-olds in Connecticut who are seeking a driver’s license will need to pass an additional second written test, called the “DMV Final Exam,” under a recent law change by lawmakers. The legislature is requiring …

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