East News

World Insurance Acquires Rhode Island’s Affiliated Insurance Managers

Insurance broker World Insurance Associates announced that it recently acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island. AIM was founded in 1937. Today the agency is primarily focused on commercial lines, while also providing insurance to …

Federal Appeals Court Upholds Dismissal of Manufacturer’s COVID-19 Claims

A Connecticut-based manufacturer has been denied another opportunity to seek $100 million in insurance coverage for business losses it claims it sustained because of the COVID-19 virus. Amphenol Corp.– a manufacturer of connectors, antennas, sensors, and high-speed specialty cable – …

People Moves: Virginia Regulatory Agency Names Damico Chief Administrative Officer

Virginia’s business regulator authority, the Virginia State Corporation Commission (SCC), named Joseph F. Damico chief administrative officer. Damico will oversee administrative divisions responsible for the SCC’s budget, human resources, computer technology, data security, public relations, procurement and facilities management. Damico, …

6 Charged With Bogus Overseas Claims for Gun Shot Wounds, Stabbings, Auto Accidents

Five Massachusetts residents and one New York resident have been charged in connection with a health insurance fraud scheme that allegedly involved submitting claims for more than $1 million worth of bogus medical expenses, purportedly incurred during international travel. According …

Two Fire Tanker Trucks Crash While Heading to Warehouse Blaze, Injuring 7 Firefighters

Authorities say seven firefighters were injured when two tanker trucks crashed while responding to a large blaze in York, Pennsylvania. Officials said the crash occurred shortly before 11 p.m. Friday in Spring Garden Township, about a third of a mile …

New Hampshire Suspends License of Trucker Acquitted in Motorcycle Crash for 2 Years

A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists won’t be eligible to get his license back for another two years, New Hampshire safety officials said. A jury in 2022 found Volodymyr Zhukovskyy not guilty …

Hershey, Walgreens, Paqui Chip Maker Sued Over Teen’s Death After Online Challenge

A lawsuit was filed Thursday against Hershey, Walgreens and several others in the case of a Massachusetts teen who died after he participated in a spicy tortilla chip challenge that was widely promoted on social media. Harris Wolobah, a 10th …

Vermonters Assess Beryl Damage, Begin Cleanup One Year After Major Flooding

PLAINFIELD, Vt. — Volunteers, some with heavy equipment, shoveled river silt and mud from roads, homes, yards and driveways and removed flood-ravaged items from homes Friday in one of the Vermont communities hardest hit by flooding from the remnants of …

Hurricane Beryl’s Remnants Spawn Severe Storms in Midwest and Northeast

INDIANAPOLIS (AP) — The remnants of Hurricane Beryl dropped tornadoes and threatened flooding Wednesday as the system churned into Canada and the northeastern U.S. after leaving millions in the Houston area without power. Beryl, which landed in Texas on Monday …

Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter based in Bow, New Hampshire. AIMS does most of its business in the Mid-Atlantic and East Coast …

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