East News

Jencap Group LLC to Acquire Assets of Russell Bond & Co.

Jencap Group LLC agreed to acquire the assets of Russell Bond & Co. (RB), a full-service specialty wholesale brokerage and managing general agency (MGA) firm. RB will operate under the auspices of the Jencap Specialty Insurance Services division. RB’s principal …

Convicted Massachusetts Shoe Company Exec to Forfeit Home to Feds

A former executive at a Massachusetts shoe manufacturer convicted last month of embezzling $30 million from the company must also now surrender his $800,000 home, according to court records. A federal forfeiture notice shows the government will seize a Duxbury …

Northeast Summer Storms Were a Climate-Change Wake-Up Call for Subways

When the remnants of Hurricane Ida dumped record-breaking rain on the East Coast this month, staircases leading into New York City’s subway tunnels turned into waterfalls. In Philadelphia, a commuter line along the Schuylkill River was washed out for miles, …

Pittsburgh Public Housing Plagued by Disrepair, Failed Inspections

Shamsa Mada points to her kitchen ceiling, dotted with mold and bubbling paint and stains that reveal signs of a leak from the upstairs bathroom. Off to her left she signals to where a door fell from a bottom cupboard …

Ex-Homeless Shelter Head in Massachusetts Charged with Stealing $1.5M

The former head of a Massachusetts homeless shelter stole about $1.5 million in part by secretly renting properties he owned to the shelter at above-market rates, prosecutors said. Manuel Duran, 69, then falsely certified compliance with state regulations designed to …

Town Approves $11M to End Race Discrimination Claims

Residents of Brookline, Massachusetts, have approved $11 million to end a years-long legal battle with a firefighter who said he was subjected to racial discrimination while working for the fire department. The settlement with Gerald Alston, who is Black, was …

U.S. Supreme Court Allows Lawsuit Against Troopers to Proceed

The U.S. Supreme Court declined to hear an appeal by two state police officers accused of failing to protect a woman from a man who went on a deadly rampage, allowing a civil lawsuit to proceed. Troopers were accused of …

Former Police Department Employee Sentenced for Bribery, Insurance Fraud

A former employee of the Metropolitan Police Department (MPD) was sentenced to 78 days in jail, to be spent on weekends, for accepting more than $40,000 in bribes in exchange for providing personal identifying information of traffic crash victims and …

Specialty Program Group Acquires Assets of CM&F Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for individuals and groups. CM&F, formerly Cotterell, Mitchell & Fifer, was founded …

Partial Storm Disaster Declaration Granted; New Hampshire to Appeal

President Joe Biden partially granted a request for a major disaster declaration in response to storms that severely damaged much of Cheshire and Sullivan counties in New Hampshire, Governor Chris Sununu said Monday. The request was granted for the storms …

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