East News

Hub Acquires Assets of Connecticut’s Chelsea Insurance Agency

Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Chelsea Insurance Agency LLC. Terms of the transaction were not disclosed. Located in Norwich, Conn., Chelsea Insurance Agency is a locally owned, independent insurance agency that provides personal …

BRP Group Acquires Virginia’s Armfield, Harrison & Thomas

BRP Group Inc., an independent insurance distribution firm delivering tailored insurance solutions, has acquired all of the outstanding equity interests of Armfield, Harrison & Thomas Inc., which will be converted post-acquisition to a limited liability company with the name Armfield, …

Crawford & Company Appoints Hagenbucher as Managing Director in New York

Crawford & Company, a publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, has appointed Janis Hagenbucher as managing director for Crawford Forensic Accounting Services, U.S. In this role, Hagenbucher will report to Paul …

Virginia Governor to Name Ex-Administration Official as Top Regulator

Virginia Governor Ralph Northam said Wednesday he will appoint an attorney and former member of his administration to a soon-to-be vacant spot on the powerful State Corporation Commission. Northam said he plans to name Angela Navarro to the post in …

Transit Worker Can Be Compensated, Cannot Sue Employer for Assault Injuries

A District of Columbia appeals court held that a Washington Metropolitan Area Transit Authority (WMATA) worker cannot sue his employer after requesting compensation under the Virginia Workers’ Compensation Act for an assault he suffered on the job. A district court …

World Insurance Associates Acquires Virginia’s Tucker Insurance Service

World Insurance Associates LLC (WIA) has acquired Tucker Insurance Service Inc. of Falls Church, Va., on November 1, 2020. Terms of the transaction were not disclosed. Tucker was established in 1961. It is a full-service insurance agency committed to providing …

Arthur J. Gallagher & Co. Acquires North Star Insurance Services, North Star Marine

Arthur J. Gallagher & Co. has acquired Seattle-based North Star Insurance Services LLC and Fairhaven, Mass.-based North Star Marine Insurance Services LLC. Terms of the transaction were not disclosed. Founded in 2001, North Star Insurance Services is a full-service marine …

Car-Sharing Firm Turo Plans Partial Return to New York After 7-Year Insurance Dispute

Car-sharing startup Turo Inc. is returning to New York, seven years after leaving the state that was once its biggest market over a dispute with regulators about insurance rules. Turo, which allows vehicle owners to put their personal cars up …

Philadelphia Hunger Group Loses Nearly $1M in Cyberattack

The Philadelphia region’s largest hunger-relief group has lost nearly $1 million in a cyberattack. Thieves infiltrated the group’s computer systems in the spring through a phishing scam, Philabundance chief executive Loree Jones told The Philadelphia Inquirer. Jones said they managed …

NFP Hires Franznick to P&C Division as Senior Vice President

NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has hired Jonathan Franznick to its P&C division as a senior vice president. In this role, Franznick will lead claims advocacy for NFP’s …

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