East News

Virginia Offers Guidance for Policyholders in Wake of Tropical Storm Isaias

The Virginia State Corporation Commission’s (SCC) Bureau of Insurance is encouraging policyholders that sustained property damage from Tropical Storm Isaias to contact their insurance company or agent as soon as possible to file a claim. The Bureau is reminding Virginians …

Randall & Quilter Investment Holdings Acquires NationsBuilders Insurance Company

Following a previous announcement on June 5, 2020, Randall & Quilter Investment Holdings Ltd.’s (R&Q) wholly owned Vermont subsidiary, ICDC Ltd, has completed the acquisition of NationsBuilders Insurance Co. , a Washington D.C.-domiciled captive from NationsBuiders Insurance Services. This marks …

D.C. Judge Rules For Insurer, Dismisses Restaurants’ Business Interruption Claims

The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption due to the coronavirus. In a case brought by the owner of several restaurants against its insurer over business interruption …

World Insurance Associates Acquires New Jersey’s JF Murray Co.

World Insurance Associates LLC (WIA) has acquired JF Murray Co. Inc. of Point Pleasant, N.J., on July 1, 2020. Terms of the transaction were not disclosed. JF Murray Co. provides clients with complete insurance solutions for their personal and business …

Heavy Rain in Pennsylvania Prompts Rescues, Wind Damages Hospital Day Care

High winds partially tore the roof off a day care center on the grounds of a suburban Philadelphia hospital, injuring four children, as heavy rains flooded rivers and streams, prompting water rescues, evacuation calls and a search for a young …

Exxon Argues Massachusetts AG’s Climate Lawsuit Amounts to Improper Retaliation

Exxon Mobil Corp. will argue that a consumer and investor fraud lawsuit filed by the Massachusetts attorney general amounts to improper retaliation against the company over its views on climate change. The company will seek to dismiss the suit under …

New York City Erects Quarantine Checkpoints to Curb Coronavirus

New York City will put up COVID-19 quarantine checkpoints at key entry points to ensure that incoming travelers from 35 states with outbreaks comply with the state’s 14-day quarantine mandate, Mayor Bill de Blasio said on Wednesday. The measure underscores …

Officials Say Delaware Fire Caused $400K in Damage, Displaced Six

Authorities are investigating a fire in Delaware that heavily damaged a home and displaced six people. Five adults and one child fled from the home in Wilmington early Sunday morning when the blaze erupted, the State Fire Marshal’s Office said …

Miniter Group Names Marthey VP of Business Strategy and Tracking Operations

Miniter Group has named Donald Marthey as vice president of Business Strategy and Tracking Operations. In this role, Marthey will oversee the strategic direction of Miniter’s Borrower-CentricSM insurance tracking operations. He joined Miniter as a vice president of sales in …

World Insurance Associates Acquires New York’s Loveman, Kornreich & Steers

World Insurance Associates LLC (WIA) acquired Loveman, Kornreich & Steers Inc. of White Plains, N.Y., on July 1, 2020. Terms of the transaction were not disclosed. Loveman, Kornreich & Steers specializes in a multitude of insurance programs for businesses and …

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