East News

World Insurance Associates Acquires Pennsylvania’s KPB Insurance Services

World Insurance Associates LLC (WIA) has acquired KPB Insurance Services Inc. of Warminster, Penn., on September 1, 2019. Terms of the transaction were not disclosed. Founded in 1982, KPB Insurance Services provides insurance and financial solutions to individuals, families and …

Three Hurt in Pennsylvania Helicopter Crash at Fair

Authorities in Pennsylvania say three people have been hurt in a helicopter crash at a state fair. WNEP-TV reports a pilot and two passengers were in the helicopter when it crashed Saturday about 7:30 p.m. in the parking lot of …

New York Court Denies Industry Request to Delay E-Cigarette Ban

A state judge has denied the vaping industry’s request to delay a New York emergency ban on flavored e-cigarette sales. Acting state Supreme Court Justice Gerald Connolly on Friday refused to issue a temporary restraining order on the regulations approved …

Massachusetts Man Indicted for $45K Insurance Fraud Scheme

A Salem, Mass., man was indicted in connection with a scheme to set up a shell company to fraudulently collect benefits under a long-term care insurance policy, Massachusetts Attorney General Maura Healey announced. Benjamin Johnson, 47, was indicted by a …

Massachusetts’ EverQuote Hires Watt as Senior VP of Distribution Services

EverQuote Inc., a Cambridge, Mass.-headquartered, online insurance marketplace in the U.S., has hired Jay Watt as senior vice president of Distribution Services. In this role, Watt will focus on growing EverQuote’s marketplace and launching products to connect more insurance shoppers …

Risk Strategies Acquires New York’s Bedrick-Kaitz Agency

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Bedrick-Kaitz Agency Inc. (BKA), a New York City-based firm focused on helping high-net-worth individuals and businesses throughout the country protect their assets. Terms of the deal …

AM Best Revises Outlooks to Positive for New Hampshire’s Concord Group

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (excellent) and the long-term issuer credit ratings (ICRs) of a+ for New Hampshire-based Concord Group. “The ratings of Concord Group reflect …

Maryland’s B.F. Saul Insurance Hires Raphael as Senior Vice President

B.F. Saul Insurance Inc., a Bethesda, Md.-based insurance brokerage and risk advisory firm, hired Lanie Raphael as senior vice president on September 16, 2019. Raphael will be the practice leader for Personal Insurance Lines at B.F. Saul Insurance. Prior to …

Maine’s The MEMIC Group Appoints Roberts as Senior Production Underwriter

Benjamin Roberts has been appointed as a senior production underwriter by workers’ compensation specialist The MEMIC Group to support continued growth in the Vermont market. Roberts, a native of Vermont, previously worked the territory with Acadia Insurance. The MEMIC Group …

Man Injured After Wall Collapses in New Hampshire Construction Accident

New Hampshire officials say a man was seriously injured after being pinned under a concrete wall in a construction accident. WMUR-TV reports Pelham fire and police officials were able to dig the unidentified man out by hand after a wall …

East News Archives by Month