East News

Rite Aid Says It’s Close to Bankruptcy Settlement

Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp., clearing a path for Rite Aid to complete its bankruptcy case by late April, a company lawyer said Tuesday. …

Acrisure Creates New England Region With Plunkett as Managing Partner

Acrisure announced the formation of its New England region, encompassing its businesses in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Acrisure’s New England presence includes 27 office locations, with nearly 400 employees serving more than 57,000 customers. The …

Titanic Law Helps Ship Owner Limit Bridge Collapse Liability

The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims after the accident sent vehicles plunging into the water and threw the eastern US transportation network into chaos. But …

Six Presumed Dead After Bridge Collapse, as Port Disruptions Hit Cars to Coal

The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. As much as 2.5 million tons of coal, hundreds of cars made by Ford Motor Co., and General Motors Co., …

Baltimore in State of Emergency. Videos Capture Bridge Collapse, Eyewitnesses, Rescue.

Baltimore Mayor Brandon M. Scott has declared a state of emergency in Baltimore City in response to the Francis Scott Key Bridge collapse incident that took place this morning. https://youtu.be/7JDeBPuFQS0?feature=shared The declaration mobilizes Baltimore’s emergency resources to protect the persons …

Carey Assumes Post as Maine Insurance Regulator

Robert L. Carey was sworn in as Maine superintendent of insurance on February 28 after being confirmed by the state Senate. Carey brings more than two decades of experience advising state regulators and lawmakers on insurance policy, markets, and regulation. …

FACTBOX— Baltimore Port: From Coal to Cars and Cruise Lines

A major bridge collapsed in the U.S. port of Baltimore in the early hours of Tuesday after being struck by a container ship, plunging cars into the river below. Traffic was suspended at the port until further notice, Maryland transportation …

Vital Baltimore Bridge Collapses After Being Struck by a Ship

A major commuter bridge in Baltimore collapsed after being rammed by a container ship, causing vehicles to plunge into the water and threatening chaos at one of the most important ports on the US East Coast. Baltimore Fire Chief James …

Couple Alleging Racial Bias in Home Appraisal Settles With Lender

A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low appraisal of their Baltimore home have agreed to a legal settlement in which the lender vows to …

Residents Await Explanation After Small Maryland Town Suspends Entire Police Force

A small town on Maryland’s Eastern Shore has suspended its entire police force pending the results of an investigation by state prosecutors, a largely unexplained decision that has left residents shocked, skeptical and on edge. The unusually harsh crackdown on …

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