East News

New York’s NYCM Insurance Announces Credit to Auto Policyholders

NYCM Insurance will be issuing a credit to its approximately 230,000 auto policyholders. All auto policyholders as of April 30, 2020, will receive a 15% credit back from their April and May premiums. Customers will not need to do anything …

Utica National Provides Insurance Premium Payback to Personal Auto Customers

As a result of changing driving habits due to the COVID-19 pandemic, the member companies of the Utica National Insurance Group have announced that they will provide policyholders with a 15 percent payback of their personal auto insurance premiums for …

Alera Group Acquires Maryland’s Georgetown Insurance Service

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc., effective March 1, 2020. The Georgetown Insurance team will continue serving clients in their current roles following the acquisition. …

New York Taps McKinsey to Develop ‘Trump-Proof’ Economic Reopening Plan

New York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart expected pressure from President Donald Trump to move more rapidly, state government sources told Reuters …

Despite Insurance Industry Concerns, More States Introduce COVID-19 BI Bills

New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that hasn’t stopped some states from rolling …

MAPFRE Launches Staying Home Refund for Policyholders During Pandemic

MAPFRE Insurance has announced its Staying Home Refund program, which will return 15 percent of April and May premium to its voluntary personal auto policyholders in Massachusetts, totaling more than $30 million. On average, most policyholders will receive a credit …

Massachusetts’ Safety Insurance to Reduce Auto Premiums During COVID-19 Pandemic

Safety Insurance has announced a premium reduction plan and several other steps to meet policyholder and community needs during the ongoing COVID-19 pandemic. The Safety Personal Auto Relief Credit offers eligible Safety Insurance personal auto policyholders that have a policy …

Vandal on Backhoes Causes Damage at New Jersey Construction Site

A vandal used a backhoe to damage numerous items at a southern New Jersey construction site, including the backhoe. Bridgeton police responded to the site around 8:30 p.m. Saturday after someone called 911, authorities said. They were told a man …

Virginia Workplace Safety Regulators Field Virus-Related Complaints

State regulators have received more than 150 complaints about insufficient precautions being taken against coronavirus at Virginia workplaces. The Department of Labor and Industry has contacted the employer in most of the 165 complaints received as of Thursday and requested …

Hoverboard Suspected in Fire That Damaged Two-Family Home in Massachusetts

Authorities are blaming a hoverboard malfunction for starting a fire that damaged a two-family home north of Boston. Andover Fire Chief Michael Mansfield and State Fire Marshal Peter Ostroskey said investigators determined the hoverboard – which had been charging on …

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