East News

Pennsylvania Man Sentenced for Insurance Fraud After Staging Motor Vehicle Accident

A Pennsylvania man was sentenced to 180 days in the Essex County Correctional Facility as a condition of probation for committing insurance fraud when he staged a motor vehicle accident in Newark, New Jersey. James E. Payne of Wilkes Barre, …

Syracuse University Settles $3.7M Gender Pay Lawsuit

Syracuse University will pay $3.7 million to settle a lawsuit brought by five female faculty members who claimed they were paid less than their male counterparts who held equivalent positions. The settlement entered in state Supreme Court in Brooklyn will …

FEMA Flood Insurance Update Could Mean Higher Premiums in Connecticut

Flood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate system, some by as much as $100 per month – but most by up to $10 monthly. The Federal Emergency Management …

People Moves: New Hire at Paragon; Promotions at Preferred Mutual

Connecticut’s Paragon Insurance Holdings Hires Koller Paragon Insurance Holdings hired Duffy Koller as president of its newly formed casualty excess and surplus practice. In this role, he will focus on construction, manufacturing and distribution, as well as premises liability on …

Morse Insurance Agency Merges with Habig & Magoon

The Morse Insurance Agency Inc. merged with the Habig & Magoon Insurance Agency on October 1, 2021. In the mid-1980s, the Morse Insurance Agency’s first merger, between the David R. Morse Insurance Agency and the John I. Lowndes Insurance Agency, …

InsurTech NY Announces Launch of Insurance Collaboration Index

InsurTech NY, a resource for the InsurTech community in the New York metro area, announced the launch of its Insurance Collaboration Index. Based on input from InsurTech executives, the index scores insurance and reinsurance companies on their willingness and ability …

Disaster Declared for July New Hampshire Storms

President Joe Biden has approved New Hampshire’s request to declare a major disaster after the mid-July storm that caused severe flooding in Cheshire County. Southwestern New Hampshire already had experienced record rainfall for the month before the storms hit July …

New York Plastics Plant Settles Claim Over Polluted Drinking Water

A plastics company in upstate New York agreed to pay $23.5 million to settle a class-action lawsuit claiming it knowingly polluted well water with a toxic chemical. The Times Union reports the proposed settlement, agreed to by Taconic Plastics, would …

Two Charged with Preying on Those Struggling with Addiction

Two men who authorities say took advantage of people struggling with opioid addiction by signing them up for false insurance policies and sending them to dubious out-of-state treatment facilities have been indicted on multiple charges, the Massachusetts attorney general’s office …

Pennsylvania Eyes $500M from Feds for Environmental Program

A state Senate committee in Pennsylvania approved legislation to use federal coronavirus relief aid to revive a long-running program designed to help clean up waterways, fix up parks and preserve open space. The bill, approved 10-1, would inject the Growing …

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