East News

IICF Northeast Benefit Event Raises Nearly $1.3M to Support Non-Profits

The Insurance Industry Charitable Foundation (IICF) raised nearly $1.3 million at its 15th Anniversary Northeast Division Benefit Event on December 7 at the Ziegfeld Ballroom in New York City. IICF is a nonprofit organization dedicated to helping communities, and its …

Ryan Specialty Group to Acquire Pennsylvania’s Keystone Risk Partners

Ryan Specialty Group, an international specialty insurance firm, has signed an agreement to acquire certain assets of Keystone Risk Partners LLC based in Media, Pennsylvania. Terms of the transaction were not disclosed. Keystone Risk Partners was founded in 2002, and …

Maryland’s Oriole Park to Test Artificial Intelligence Security Product

Oriole Park at Camden Yards will test a new security technology during the upcoming baseball season that uses 3D imaging and artificial intelligence to detect concealed weapons. The Maryland Stadium Authority announced Tuesday the ballpark will try out a walk-through …

Maryland Is Fifth U.S. State to Join the International Sustainable Insurance Forum

Consistent with Governor Larry Hogan’s commitment to address and mitigate the effects of climate change, the state of Maryland has joined the Sustainable Insurance Forum (SIF) of the United Nations Development Program (UNDP). The UNDP SIF is a global network …

Virginia Environmental Groups Sue Over James River Pollution

Two conservation organizations have filed a federal lawsuit against Henrico County in Virginia, alleging the county allowed tens of millions of gallons of raw sewage to seep into the James River and its tributaries over the last five years. The …

Allergan Settles for $200M with New York Over Opioids

Pharmaceutical company Allergan Finance LLC will pay $200 million to New York state and two of its counties as part of an agreement that removes it from an ongoing state lawsuit over the opioid crisis, state Attorney General Letitia James …

Maryland Insurance Administration Warns About Unlicensed Insurance Agency

Maryland Insurance Commissioner Kathleen A. Birrane is warning Marylanders, particularly small transportation business owners, that Bethesda-based Phillip Johnson Family Insurance Agency LLC (PFI) and its lead agent Jackline Adedoyin are not authorized to market or sell insurance in the state. …

Virginia Fire Displaces Dozens, Causes Nearly $300K in Damages

Two people suffered life-threatening injuries and dozens of people have been displaced after a fire broke out at a Herndon apartment building, Fairfax County fire officials said. Firefighters responded to the apartments on Park Avenue on Thursday evening and found …

Risk Strategies Acquires New Jersey’s Meeker Sharkey & Hurley

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the deal were not announced. Meeker Sharkey & Hurley provides consultative risk management and insurance services …

Connecticut Town Settles Housing Lawsuit Over Group Home Denial

The town of Wolcott, Connecticut, said Monday it has agreed to settle a federal lawsuit filed after it failed to allow a group home for mentally disabled adults to open in a residential neighborhood. The U.S. Justice Department said the …

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