East News

Connecticut, UK Sign ‘Insurtech Corridor’ Partnership

On March 10, 2022, the UK Government announced a formal agreement with Connecticut Insurance & Financial Services (CT IFS), the MetroHartford Alliance (MHA), the Connecticut Insurance Department, and Insurtech UK to launch a new “Insurtech Corridor.” The signing took place …

Delaware Senate Passes Bill Requiring Paid Leave

The Democrat-led state Senate voted along party lines Tuesday to approve legislation forcing private-sector businesses in Delaware to provide 12 weeks of paid family and medical leave. The bill requires businesses employing 25 or more workers to provide up to …

Long-Time Maine Insurance Regulator Cioppa to Retire April 1

After 33 years at the Maine Bureau of Insurance, including 10 as superintendent and 13 as deputy superintendent, Eric Cioppa will retire on April 1, 2022. Cioppa joined the insurance department in 1988 as a statistician then served as supervisor …

Massachusetts School Employee Denied Remote Work Files Complaint

A middle school counselor and social worker has filed a complaint with the Massachusetts Commission Against Discrimination alleging she was unfairly fired after she asked to work from home because she is pregnant and has other health issues. Katherine Lockwood, …

New Jersey City Votes to Halt Licenses of Gas Stations Tied to Russia’s Lukoil

Reflecting growing animosity across the United States toward Russia after its invasion of Ukraine, lawmakers in New Jersey’s largest city have voted to suspend the licenses of gas stations branded with the name of a major oil company based in …

Taxi Driver Shot by Off-Duty Officer Settles With New York County for $2M

A cab driver who was wounded by an off-duty police officer in a 2011 road-rage shooting has settled his lawsuit against New York’s Nassau County for $2 million. Newsday reports that county legislative committees approved the payment to Thomas Moroughan …

Brother, Sister Charged in $124 Million Cryptocurrency Fraud

U.S. authorities on Tuesday filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin. In papers …

Keystone Adds New Jersey’s Strategic Insurance Partners

The Pennsylvania-based insurance brokerage platform Keystone Agency Partners (KAP), has acquiredadmin Strategic Insurance Partners (SIP), an independent insurance agency based in Nutley, New Jersey, to its network. Financial terms of the transaction were not disclosed. Founded in 1900, SIP is …

People Moves: IAT Group Welcomes CNA’s Bendick; NFP Adds WTW’s Clarke to Energy Team

IAT Welcomes Bendick to Claims Operations IAT Insurance Group in Connecticut is welcoming Heidi Bendick as senior vice president of Claims Operations. Bendick joins IAT Insurance from CNA where she was vice president of Claims Operations, leading a team of …

Maryland Apartment Complex Explosion, Fire Ruled Accident

SILVER SPRING, Md. — An explosion and fire that destroyed a Maryland apartment building last week was accidental and caused by a maintenance worker who cut a gas line instead of a waste pipe, an official said Monday. Montgomery County …

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