East News

Uninsured Premises Exclusion Bars Coverage in Home Misrepresentation Suit

An insurer does not have to provide coverage for a couple accused of misleading the buyers of their former home because of an uninsured premises exclusion in the couple’s homeowners policy. The lawsuit came about after Christopher and Dorothy Norton …

Eight Dead from COVID, 89 Infected at Connecticut Nursing Home

Eight residents of a nursing home in Connecticut have died during a coronavirus outbreak while 89 residents and employees have tested positive for the disease, nursing home officials say. The outbreak at the Geer Nursing and Rehabilitation Center in Canaan …

Massachusetts Gig Worker Ballot Measure Backers Submit Signatures

Backers of a measure that asks Massachusetts voters to treat drivers for app-based companies like Uber Technologies Inc and Lyft Inc as independent contractors rather than employees said on Tuesday they had gathered enough signatures to get it on the …

BKS Partners Enters Agreement to Acquire Construction Risk Partners

Baldwin Krystyn Sherman Partners LLC (BKS Partners) entered into an agreement to acquire all the outstanding equity interests of Construction Risk Partners LLC (CRP). The transaction is expected to close on or around December 1, 2021, subject to certain closing …

People Moves: New Hires at XPT, InsurBanc, Distinguished Programs

XPT Hires Bewick as Senior Vice President in Massachusetts XPT, a national specialty insurance wholesale distribution company, hired industry veteran Gordon Bewick as senior vice president. He will be based in Boston, Massachusetts. Bewick’s experience combined with the support of …

Liberty University Responds to Ex-Spokesman’s Suit, Seeks Gag Order

Liberty University is responding to a former spokesman’s lawsuit alleging he was fired in retaliation for raising concerns about the handling of sexual misconduct accusations. The evangelical Virginia school filed its responses to Scott Lamb’s suit last week, seeking more …

Rochester Mayor Declares Emergency Amid Gun Violence Spike

Police in Rochester, New York, are investigating a string of fatal shootings that came just hours after Mayor Lovely Warren declared a local state of emergency to combat rising gun violence. The recent killings, including three within a 12-hour period, …

Rare November Tornadoes Hit Connecticut, Rhode Island

Three tornadoes that hit Rhode Island and southeast Connecticut this weekend were the first since at least 1950 to strike the area in November, the National Weather Service said Sunday. The service confirmed the three tornadoes touched down Saturday evening. …

New York Issues Final Guidance to Insurers on Managing Risks of Climate Change

The New York State Department of Financial Services (DFS) has issued final guidance to New York-regulated domestic insurers regarding their management of the financial risks from climate change. After issuing a proposed version of the guidance in March, DFS received …

AM Best Upgrades Credit Ratings of Selective Insurance Group, Subsidiaries

AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” (superior) from “a+” (excellent) of the pooled members of Selective Insurance Group. Additionally, AM Best …

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