East News

CBIZ Acquires New Jersey’s Borden Perlman Insurance Agency

CBIZ Inc., a provider of financial, insurance and advisory services, has acquired Borden Perlman Insurance Agency Inc. (BP) of Ewing, N.J., effective December 31, 2020. Founded more than 100 years ago, BP is a fourth generation, family owned property/casualty insurance …

The Hilb Group Acquires New York’s Hiram Cohen & Son Inc.

The Hilb Group LLC (THG) has acquired New York-based Hiram Cohen & Son Inc. (HCS). The transaction became effective on December 1, 2020. HCS, founded in 1919, is still operated by descendants of Founder Hiram Cohen, celebrating four generations in …

Acrobats Hurt in Rhode Island Circus Accident Reach $52.5M Settlement

Eight acrobats severely injured when the rigging suspending them by their hair plummeted to the floor during a circus performance in Rhode Island in 2014 have reached a $52.5 million settlement with the ownership and management of the arena where …

New York Reaches Deal on Cleanup at Long Island Aerospace Site

New York has reached an agreement with defense contractor Northrop Grumman and the U.S. Navy on a $406 million plan to clean up a massive plume of underground contamination left from Long Island’s heyday as a hub of aerospace manufacturing, …

Heavily Criticized Pennsylvania Veterans’ Home Sued Over COVID-19 Outbreak

A state-run veterans’ home in Pennsylvania heavily criticized for its handling of a coronavirus outbreak inside its walls drew a federal wrongful death lawsuit, filed by family members of five residents who died of COVID-19. The family members accuse Southeastern …

Former N.Y. Corrections Officer Pleads Guilty to Stealing Unearned Wages

A former New York State Department of Corrections and Community Supervision (DOCCS) officer has pled guilty to forging paperwork falsely claiming military service so that he could take time off. Kyle Bouille, of Corning, N.Y., took time off by falsely …

Insurance Journal’s Most Noteworthy Topics of 2020: East Region

From questions over business interruption policy coverage spurred by the COVID-19 pandemic to property damage due to civil unrest, as well as significant court cases and state regulatory actions, it was a busy year for East region insurers. Here’s a …

Insurance Journal’s Top 10 Most Read Stories of 2020: East Region

Here’s a look back at Insurance Journal’s most read stories of 2020 for the East region, based on readership metrics: 1. Proposed N.J. Bill Would Require Insurers to Pay COVID-19 Business Interruption Claims A proposed New Jersey bill in March …

Philadelphia Insurance Promotes Pottle to Chief Strategic Operations Officer

Philadelphia Insurance Companies (PHLY) has promoted Bob Pottle to executive vice president and chief strategic operations officer (CSOO). The CSOO role is a newly created position that will use Pottle’s 34 years of leadership and experience at PHLY to enhance …

Rhode Island’s Providence Mutual Appoints Streton as President, CEO-Elect

Providence Mutual, a Warwick, R.I.-based mutual property/casualty insurance company, has appointed Michele Streton, former vice president and chief operating officer for Personal Lines at Hanover Group, as the company’s new president and CEO-elect. Streton will join Providence Mutual on January …

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