East News

Maryland 90-Day Legislative Agenda Includes Climate, Infrastructure, Taxes

Maryland lawmakers are convening Wednesday for their 90-day legislative session. They will spend much of the session working on how to manage a huge, $4.6 billion budget surplus. That’s because of unexpectedly large revenues resulting from the help of federal …

Safety Doors Failed in New York City High-Rise Apartment Fire That Killed 17

Investigators sought answers Monday for why safety doors failed to close when fire broke out in a New York high-rise, allowing thick smoke to rise through the tower and kill 17 people, including eight children, in the city’s deadliest blaze …

West Penn Power Settles Coal Ash Discharge Complaints With Environmental Agencies

West Penn Power of Greensburg, Pennsylvania will pay a $610,000 penalty under a settlement to resolve water discharge violations at two coal ash landfills in southwestern Pennsylvania. The settlement was announced by the U.S. Environmental Protection Agency and Pennsylvania Department …

One80 Acquires Workers’ Compensation Wholesaler PMC in Massachusetts

Specialty insurance broker One80 Intermediaries reported it has acquired PMC Insurance Group, a workers’ compensation wholesale broker and program manager based in Bedford, Mass. Terms of the deal were not disclosed. PMC offers exclusive and semi-exclusive specialty insurance programs in …

Court Agrees Harvard Not Responsible for Legal Fees of Professor with China Ties

Harvard University is not required to pay legal defense fees for a professor who was found guilty of hiding his ties to a Chinese-run recruitment program, Massachusetts’ highest court ruled Monday. In its decision, the Supreme Judicial Court found that …

Judge Gives Preliminary OK to Firm’s $34M ‘Forever Chemical’ Settlement in Vermont

A federal judge has given preliminary approval to a $34 million settlement of a class-action lawsuit against a chemical company over contamination of groundwater and soil in a southern Vermont community. Notices are going out to hundreds of potential suit …

Investigations Begin Into Deadly New York City Apartment Building Fire

Doctors raced Monday to save survivors of New York City’s deadliest fire in three decades as authorities began investigating how thick smoke could billow through the high-rise, trapping many families inside and killing 19 people, including nine children. Dozens of …

Transverse Insurance Completes $48M Capital Raise

New Jersey-based specialty insurer Transverse Insurance Group reported it has raised $48 million of additional capital to support expansion of its hybrid fronting insurance business. The $48 million raise was comprised of a private placement of $30 million aggregate principal …

Insurer Need Not Defend Drug Chain in Opioid Suits Claiming Economic, Not Personal, Injury

In the latest turn in litigation over the opioid crisis, a state’s high court has found an insurer does not need to pay defense costs under a commercial general liability policy for a pharmacy chain facing public nuisance lawsuits. The …

Virginia Raises Minimum Auto Insurance Limits

Virginia has increased the liability insurance coverage required for vehicles in Virginia. The new law applies to vehicle insurance policies issued or renewed on or after January 1, 2022. On January 1, 2025, requirements will again change under the new …

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