East News

Founders of Massachusetts’ Renaissance Alliance Retire; Callahan, Bondi to Lead

The founders of Renaissance Alliance Insurance Services, a membership alliance of independent insurance agencies, have retired after 21 years of leading the company. Bruce and Janet Cochrane retired from their full-time roles within the Massachusetts-based insurance agency partnership organization, effective …

Union Mutual Insurance Company Hires Lambert as VP of IT, Operations

The board of directors for Union Mutual Insurance Company voted at their December meeting to appoint Philip Lambert to be the company’s vice president of Information Technology and Operations. Lambert starts with the company in the beginning of January. Lambert …

Markel Corporation Hires Gandy as Managing Director for Talent, Diversity and Inclusion

Markel Corporation has hired Trevor Gandy as managing director for Talent, Diversity and Inclusion, effective January 1, 2021. In this new role, Gandy will further shape the company’s diversity, equity and inclusion strategy for its global workforce. He will work …

Seven Charged with Felonies in Vandalism to Federal Buildings in Philadelphia

Seven people are facing felony charges after at least two federal buildings in Philadelphia were vandalized on New Year’s Eve and the discovery of what police said were Molotov cocktails and other suspicious devices. Officers reported spotting about 50 people, …

Top East Region Insurance M&As of 2020

The top M&A story of 2020 was a global story that captured more readers in every geographic region than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger and non-merger insurance story …

PHLY Acquires Staffing Insurance Business from World Wide Specialty Programs

Philadelphia Insurance Companies (PHLY) has acquired the Staffing Insurance Business offered by World Wide Specialty Programs Inc., based in Melville, N.Y. World Wide will operate as a division of PHLY and assume responsibility for its book of staffing business with …

World Insurance Associates Acquires R.S. Gilmore Insurance Agency

World Insurance Associates LLC (WIA) has acquired R.S. Gilmore Insurance Agency Inc. of North Attleboro, Mass., on December 1, 2020. Terms of the transaction were not disclosed. The R.S. Gilmore Insurance Agency Inc. was established in 1938 and has grown …

Two Businesses, Owners Charged with Fraud Against New York State Insurance Fund

Two businesses and their owners have been charged with fraud against the New York State Insurance Fund (NYSIF). Manuel Sanchez and his business Lagos Construction have been charged with grand larceny and other crimes for allegedly failing to pay insurance …

Workers Released from Hospital After Baltimore Explosion

All but two construction workers injured in December in an explosion at a high-rise building in Baltimore have been released from hospitals as officials continue to investigate what caused the incident. Twenty-one workers were taken to area hospitals following an …

Maine High Court Finds Aquaculture Worker Covered by State Workers’ Comp

An aquaculture worker who got hurt tending to salmon raised in offshore pens is covered under state law, but not under the federal law that defines some of the rights for mariners, Maine’s supreme court ruled. The court ruled unanimously …

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