East News

World Insurance Associates Acquires Connecticut’s Martin & Rowland Insurance

World Insurance Associates LLC (WIA) has acquired Martin & Rowland Insurance Inc. of Prospect, Conn., on April 1, 2020. Terms of the transaction were not disclosed. Established in 1845, Martin & Rowland Insurance Inc. is a full-service, independent insurance agency. …

Parents of UConn Student Settle Wrongful Death Lawsuit for $1M

The parents of a University of Connecticut student who was run over and killed by a campus fire department truck in 2016 have settled a wrongful death lawsuit against the state and other defendants for about $1 million, according to …

The Concord Group Announces Plan to Return $2.4M to Policyholders During Pandemic

The Concord Group Insurance Companies has announced a plan to deliver $2,400,000 in return premium and expand several underwriting guidelines and coverage limits to its more than 150,000 policyholders throughout the four New England states in which the company does …

Pennsylvania Outlines Temporary Licensure Process for Insurers During COVID-19

The Pennsylvania Insurance Department has submitted a notice to all state insurance companies and agencies outlining the process for issuing temporary licenses for Pennsylvania resident insurance producers during the COVID-19 pandemic. “The COVID-19 pandemic is impacting the operations of businesses …

Pennsylvania’s PMA Companies Names Bell as Senior VP, Chief Financial Officer

PMA Companies, an insurance company headquartered in Blue Bell, Penn., has named Robert Bell as senior vice president and chief financial officer. Bell joined PMA Companies in July 2019 as senior vice president and deputy chief financial officer. He succeeds …

Brit Global Specialty Adds Stodolski to U.S. Cyber Team

Shana Stodolski has been appointed assistant vice president, Cyber, for Brit Global Specialty USA. She will be based in Glastonbury, Conn. and be responsible for supporting the growth and underwriting of cyber insurance for BGSU. She joins from DUAL Commercial …

Obsidian Insurance Holdings Hires Larkin as Chief Underwriting Officer

Obsidian Insurance Holdings Inc., a new fronting insurance holding company, has added to its senior management team with the appointment of Dan Larkin as chief underwriting officer. Obsidian was recently formed in partnership with insurance industry executives and Genstar Capital. …

Preferred Mutual Launches Relief Program for Auto Customers During Pandemic

Preferred Mutual Insurance Company has announced its Stay Home, Stay Assured Auto Program, which will provide more than 65,000 customers with a 15% credit on their April and May personal auto insurance premiums. The credit will be given to New …

New York Charges Mallinckrodt with Insurance Fraud Over Opioid Claims

New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to medically unnecessary prescriptions. Governor Andrew Cuomo said the charges brought by New York’s Department …

Massachusetts’ C&S Insurance Hires Quealy, Trabulsie, McLaughlin to Executive Team

Massachusetts’ C&S Insurance has hired Chuck Quealy, Kelly Trabulsie and Eric McLaughlin to its team. McLaughlin, who comes aboard as a partner and executive vice president, brings more than 10 years of insurance sales experience to the C&S family, along …

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