East News

Capco Acquires Connecticut-Based Insurance Consultancy Firm NEOS

Capco, a global management and technology consultancy, has acquired NEOS LLC, a Hartford, Conn.-based consultancy focused on helping insurance organizations drive transformational change. The transaction will complement and extend Capco’s insurance services. NEOS’s leadership team, including Founder and Managing Partner …

Pennsylvania Governor Strikes Down Bill That Would Have Limited COVID-19 Lawsuits

Pennsylvania Governor Tom Wolf has vetoed a bill that would have expanded liability protection against COVID-19-related lawsuits for various businesses and entities in the state as they continue to grapple with coronavirus restrictions. House Bill 1737 was initially introduced by …

Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S.

Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your hats!” the National Weather Service in Boston tweeted as gusts exceeding 50 mph and heavy rainfall bore down on a …

The Liberty Company Insurance Brokers Adds Borkowski, Caparo Insurance Team

The Liberty Company Insurance Brokers has announced that Steve Borkowski and Caparo Insurance of Conshohocken, Penn., have joined the firm, becoming Liberty’s first partnership in the northeast U.S. The Liberty Company Insurance Brokers provides entrepreneurial producers and agency owners with …

World Insurance Associates Acquires Connecticut’s Flanagan Associates

World Insurance Associates LLC (WIA) has acquired Flanagan Associates LLC of North Haven, Conn., on November 1, 2020. Terms of the transaction were not disclosed. Established more than 30 years ago, Flanagan Associates has more than three decades of experience …

University of Vermont Medical Center Continuing Cyber Attack Recovery

The University of Vermont Medical Center is continuing to recover from the cyber attack late last month that crippled access to electronic records at the Burlington hospital. On Tuesday, the hospital said it had successfully restored access to its main …

D.C. Postpones All P/C Insurance Rate Increases During COVID Crisis

The Washington D.C. Department of Insurance, Securities and Banking (DISB) issued a new insurance bulletin to notify all property and casualty insurers that for the duration of the coronavirus pandemic, all filed rate increases will be postponed, effective immediately. The …

Minor Earthquake Reported in Massachusetts

A minor earthquake was registered Sunday in Massachusetts in roughly the same area where a more significant one struck earlier this month, the U.S. Geological Survey said. The agency’s National Earthquake Information Center reported a magnitude 2.0 earthquake about five …

Maryland’s Westminster American Insurance Company Hires Whelan

Westminster American Insurance Company (WAIC) has hired David Whelan as vice president of underwriting. In this new role, Whelan brings 31 years of commercial lines experience to the team. He joins WAIC from GNY Insurance Companies, where he was a …

Arthur J. Gallagher & Co. Acquires Pennsylvania’s JP Warner Associates

Arthur J. Gallagher & Co. has acquired Wayne, Penn.-based JP Warner Associates Inc., doing business as Warner Benefits. Terms of the transaction were not disclosed. Founded in 1997, JP Warner Associates is a traditional employee benefits consultant with offices in …

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