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East News

Wal-Mart Pays $2M to Avoid Charges in New York Death Probe

Wal-Mart agreed Wednesday to pay nearly $2 million and improve safety at its 92 New York stores as part of a deal with prosecutors that avoids criminal charges in the trampling death of a temporary worker last year. Nassau County …

Curley Joins Rogers & Gray in Massachusetts

Massachusetts-based Rogers & Gray Insurance Agency Inc. has hired John P. Curley as a Commercial Lines Sales Account Executive. Curley, who is a former professional golfer, joined the agency in February and is based in its South Dennis office.

Marsh & McLennan Settles Connecticut Price-Fixing Claims

Marsh & McLennan Cos. Inc., the New York-based insurance broker and consulting firm, has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid rigging, price fixing and receiving kickbacks. State Attorney General Richard Blumenthal …

Judge Agrees to Freeze Assets of Connecticut Chimp’s Owner

A judge on Wednesday approved an agreement that freezes $10 million in assets belonging to the owner of a chimpanzee that mauled a woman. The family of Charla Nash is suing the chimp’s owner, Sandra Herold, for $50 million. Nash …

New Jersey Senate Tackles Two More Insurance Bills

The New Jersey Senate’s Commerce Committee is in the midst of vetting two key bills that would have significant impact on the Garden State’s insurance industry. One bill would create a create a financial backstop for homeowners in the event …

Gay Marriage Leaps ahead in Maine, New Hampshire

Jennifer Curran could only sit in the pews of her Roman Catholic church over the years and watch as bride after bride — friends, her two sisters — walked down the aisle. Now that her home state of Maine has …

Arrested Rhode Island ID Thieves Stole $500K Worth of Goods

Federal prosecutors have charged four Providence, Rhode Island residents with identity theft for allegedly making more than $500,000 worth of purchases after obtaining credit cards with the stolen personal information of more than 50 victims. A 32-count indictment unsealed Wednesday …

Bollinger Acquires Gail Steinberg & Co. Inc.

New Jersey-based insurance brokerage Bollinger Inc. has acquired Gail Steinberg & Co. Inc. of New York, New York, the company announced. In connection with the merger, Gail Steinberg, president and chief executive officer of her namesake firm, will join Bollinger …

Pennsylvania Supreme Court Upholds Denial of Coverage for Late Notice

The Property Casualty Insurers Association of America (PCI) is trumpeting a decision by the Pennsylvania Supreme Court that it says upholds the importance of enforcing the plain meaning of insurance contract language. The Supreme Court’s decision in Ace American Insurance …

New Day Underwriting’s Heft to Head Real Estate Practice Group

Bordentown, New Jersey-based New Day Underwriting has promoted John Heft to the newly created position of director – Real Estate Practice. Heft will lead the group’s focus on providing insurance and risk management solutions for all types of Commercial and …

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