East News

New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State

The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance the regulator has issued on cyber insurance in …

Construction Worker Killed in New Jersey When Excavator Goes Into Waterway

A construction worker was killed when the excavator he was operating fell into a waterway, leaving him trapped him inside the equipment, authorities said. The man was part of a crew working at a site in Linden, New Jersey, when …

Massachusetts Solar Farm Ordered to Pay $1M for Polluting Wetlands, River

Owners of a solar energy farm in Massachusetts have reached a settlement with the state’s attorney general’s office to remediate a large tract of wetlands and riverfront damaged during construction of the site in 2018. Dynamic Energy Solutions agreed to …

Maury, Donnelly & Parr, Kastendike Insurance Group Acquire Northeastern Underwriters

Maury, Donnelly & Parr Inc. (MDP) and the Kastendike Insurance Group (KIG) has acquired Connecticut-based Northeastern Underwriters LTD. (NEU). The transaction became effective January 1, 2021. As part of the transaction, NEU will continue to work out of its existing …

New York Undercounted Nursing Home Deaths by Thousands, Attorney General Says

New York may have undercounted COVID-19 deaths among nursing home residents by thousands, the state attorney general charged in a report Thursday that dealt a blow to Governor Andrew Cuomo’s oft-repeated claims that his state is doing better than others …

USG Insurance Services Hires Tejada as a Producer in Its Philadelphia Branch

USG Insurance Services Inc., a national wholesaler and managing general agency (MGA), has hired Edwin Tejada as a producer/broker for commercial lines in the Philadelphia, Pennsylvania, branch. Tejada joins the USG team with eight years of experience in the insurance …

The Hilb Group Acquires New York’s Rampart Brokerage Corporation & Afilliates

The Hilb Group LLC (THG) has completed its 100th acquisition by acquiring New York-based Rampart Brokerage Corporation & Affiliates (RBC). The effective date of the acquisition was December 1, 2020. Headquartered in Lake Success, New York, with nearly 200 employees …

CRC Group Acquires Assets of Washington D.C.’s Federal Employee Defense Services

CRC Group, a national wholesale distributor of specialty insurance products, has acquired the assets of Washington D.C.-based Federal Employee Defense Services (FEDS), a niche managing general underwriter specializing in professional liability coverage for federal government employees and contractors. FEDS is …

Massachusetts Appeals Court Finds Landowner Not Responsible for Tenant’s Dog

Victor Creatini says he was taking a bike ride with his dog on a leash beside him when a pit bull ran into the street and attacked his dog, causing him to fall from his bike and suffer injuries. Although …

The Private Risk Management Association Forms New Chapter in Pennsylvania

The Private Risk Management Association (PRMA), a nonprofit educational organization for risk management professionals in the insurance industry, has formed its newest chapter in Philadelphia, Pennsylvania. PRMA chapters are an extension of the larger 3000-member national association that aims to …

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