East News

Robinhood Crypto to Pay New York $30M for Cybersecurity, Anti-Laundering Violations

Robinhood Crypto will pay a $30 million penalty to New York State for “significant failures” in its anti-money laundering obligations and cybersecurity compliance, according to the state’s financial services regulator. According to Superintendent of Financial Services Adrienne A. Harris, the …

Truck Driver Reaches Agreement in Maine Fatal Accident Caused by Dislodged Tire

A truck driver is expected to accept responsibility for causing the death of a state police detective who was struck by a dislodged tire as he was assisting a driver alongside Interstate 95. Scott Willett, 55, of Patten, reached a …

Maryland’s Wage Law Can Cover Travel Required by Employer, Court Finds

Maryland’s wage and hour law may extend beyond the time an employee spends at a prescribed workspace to include time spent getting to the work site using transportation required by the employer, Maryland’s highest court has decided. In a 7-0 …

Pennsylvania Store Chain Wawa to Pay $8M Over 2019 Payment Cards Breach

A Pennsylvania-based convenience store chain will pay $8 million to several states over a 2019 data breach that involved some 34 million payment cards, authorities announced Tuesday. The Pennsylvania attorney general’s office said Wawa Inc. did not take reasonable security …

Massachusetts Agent Pleads Guilty to Embezzlement; Agency Barred From Business

The chief executive officer and president of a Taunton, Massachusetts insurance agency has pleaded guilty in connection with an embezzlement scheme that left client companies uninsured, according to state officials. Attorney General Maura Healey announced that David G. Pietro and …

World Insurance Acquires New Jersey’s Coverage Specialists

Insurance brokerage World Insurance Associates reports that it has acquired Coverage Specialists, Inc. of Pompton Plains, New Jersey. Coverage Specialists is a 35-year-old family-owned agency founded in 2010 that provides property/casualty insurance with a focus on the trucking and transportation …

After 20 Deaths, Connecticut Plans $20M Safety Effort to Prevent Wrong-Way Crashes

Connecticut’s Bond Commission approved $20 million in borrowing Friday for the purchase of equipment designed to help prevent drivers from going the wrong way down the state’s highways after nearly a dozen wrong-way crashes led to 20 deaths this year. …

Massachusetts Court Denies Charitable Immunity, Allows Abuse Case Against Diocese

A lawsuit brought by a former altar boy who alleges he was sexually abused as a child in the 1960s by a now-deceased Roman Catholic bishop and other clergy can proceed, the highest court in Massachusetts said in a decision …

Philadelphia’s Well-Known Jim’s Cheesesteaks Shop Damaged by Fire

A fast-moving fire damaged one of Philadelphia’s best-known cheesesteak shops early Friday, but authorities say no injuries were reported. Dozens of firefighters and other emergency responders went to Jim’s Steaks on South Street when the fire was reported around 9:30 …

People Moves: Hilb Names CEO at Choice Financial; Crum & Forster Appoints Kovalsky to Credit Team; Cross Insurance Welcomes Randlett as Counsel

Hilb Group Founder Takes Helm at Choice Financial Virginia insurance agency Choice Financial Group has appointed insurance veteran Robert J. Hilb as chief executive officer following the retirement of J. Richard Braun, founder and president of Choice. Prior to his …

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