East News

Walsh Duffield Announces Partnership with New York’s OSEA

Walsh Duffield, a fifth-generation, family owned insurance company, has partnered with OSEA Inc., a 30-year-old environmental, health, safety and security consulting firm, to provide risk management services to its commercial insurance clients. As part of the relationship, OSEA will provide …

New York Insurers Required to Waive Cost-Sharing for Coronavirus Testing

The New York State Department of Financial Services is requiring New York health insurers to waive cost sharing associated with testing for novel coronavirus, including emergency room, urgent care and office visits. New Yorkers receiving Medicaid coverage will also not …

World Insurance Associates Announces Growth Investment from Charlesbank

World Insurance Associates LLC (WIA), a Tinton Falls, N.J.-based, full-service insurance brokerage, has signed an agreement to receive a majority investment from funds affiliated with Charlesbank Capital Partners, a middle-market private equity firm based in Boston and New York. The …

Maryland Insurance Administration Issues Order Revoking License of Aliera Healthcare

The Maryland Insurance Administration (MIA) issued an order revoking the insurance producer license of Aliera Healthcare Inc. The February 27 order states that the company was actively trying to sell an unauthorized health insurance plan in Maryland in violation of …

Connecticut Man Pleads Guilty to Defrauding Nonprofit of $240K

A Connecticut man pleaded guilty Thursday to stealing $240,000 from the nonprofit he worked for as well as some of the organization’s developmentally disabled clients, federal prosecutors said. Michael Verzella, of Branford, Conn., was the supervisor of recreation and operations …

NRA Seeks to Block New York’s ‘Political’ Enforcement Over Liability Insurance Programs

The National Rifle Association of America (NRA) is seeking a preliminary injunction in federal court in an attempt to stop the New York State Department of Financial Services (DFS) from conducting enforcement proceedings against the association. This comes after DFS …

The Hilb Group Acquires Assets of Rhode Island’s D.F. Dwyer & Associates

The Hilb Group LLC (THG) has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC (DFD). The transaction became effective February 1, 2020. Based in Newport, R.I., DFD provides a full range of property and casualty insurance …

New York Governor Wants $40M to Respond to Coronavirus

New York’s governor says he will ask state lawmakers in coming days to approve $40 million to help state health officials respond to the deadly coronavirus outbreak. Governor Andrew Cuomo, a Democrat, told reporters Wednesday that the funding will help …

Reckless Drivers Could Lose Vehicles Under New NYC Law

New York City drivers who get five camera-issued red light tickets or 15 camera-issued speeding tickets in a 12-month period will have to take a traffic safety course or risk losing their vehicles under a bill signed by Mayor Bill …

New York’s Greene & Associates Hires Fischer to Production Team

Greene & Associates, an East Aurora, N.Y.-based underwriting manager and wholesaler broker, recently announced the addition of Seth Fischer to its production team. Fischer brings 25 years of specialty underwriting, marketing, product development, portfolio management and leadership experience to Greene. …

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