December 16, 2021
The Hilb Group brought PSA Insurance & Financial Services into its portfolio, further strengthening its presence in the Mid-Atlantic region as well as building on its range of employee benefits, commercial and personal insurance products and services. The transaction became …
December 16, 2021
A former Maryland public adjuster has been sentenced for theft and insurance fraud. Tashoia Starr Grant, of Street, Maryland, was sentenced on two counts of theft scheme with a value between $10,000 but less than $100,000, and two counts of …
December 16, 2021
A New York restaurant owner and his nephew’s wife are facing up to 25 years to life in prison after being charged with first degree arson. Zef Gjurashaj, of Newburgh, and his nephew’s wife, Marina Gjurashaj, of Yonkers, were indicted …
December 15, 2021
The estate of a Black man who died in custody at a Vermont prison is suing, alleging racism and negligence. The lawsuit, reported by VTDigger, was filed this week in Washington County Superior Court, alleging that the Vermont Department of …
December 15, 2021
Maine utility regulators will investigate allegations raised in a lawsuit against the parent company of Central Maine Power. The investigation by the Maine Public Utilities Commission will focus on whether Avangrid’s expenditures are being passed on to CMP customers, or …
December 15, 2021
Credible, a digital lending marketplace, acquired Young Alfred, a digital insurance marketplace. Credible provides consumers with personalized and prequalified rate options when shopping for student loans, personal loans and mortgages. This acquisition will now give Credible users the same experience …
December 14, 2021
A jury has found that a roofing contractor in Maine is not guilty of workplace manslaughter for the 2018 death of a worker. The Portland Press Herald reports that the jury reached its verdict at the Cumberland County Courthouse. Shawn …
December 14, 2021
A jury has found that school officials in Boston, Massachusetts, retaliated against a teacher for exercising his legal right to raise concerns about workplace discrimination without fear of retribution, awarding him $1.7 million. The Boston Globe reports that Charles Sherman …
December 14, 2021
A.M. Best has affirmed the financial strength rating (FSR) of A+ (superior) and the long-term issuer credit ratings (long-term ICR) of “aa-” for the members of The Concord Group Insurance Companies. The rating actions reflect Concord Group’s balance sheet strength, …
December 14, 2021
World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the transaction were not disclosed. E&K was founded in 1930 by two entrepreneurs who established E & K Insurance Group in …