East News

Purdue-Linked Entities Get Subpoenas from New York State

New York state sent out dozens of subpoenas to entities linked to Purdue Pharma LP and its billionaire owners, the Sackler family, seeking documents that may show the movement of millions of dollars in profit from sales of the highly …

Hub International Hires New Jersey’s Allain, Acquires His Book of Business

Hub International Limited, a global insurance brokerage, has hired disability insurance specialist Brian Allain and acquired his book of business. Based in Paramus, N.J., Allain provides group and executive disability product solutions to healthcare professionals. Further strengthening Hub’s Healthcare specialty …

PES Up Against the Clock to Sell Philadelphia Refinery in Cash Crunch

Finding a buyer for Philadelphia Energy Solutions’ oil refinery has grown urgent as the bankrupt company’s funds dwindle and no signs emerge that it is winning a fight for insurance payouts after a June blaze at the plant, according to …

Over 400 Sex Abuse Suits Filed in New York as Litigation Window Opens

The Roman Catholic Church, the Boy Scouts, schools and hospitals, the late financier Jeffrey Epstein are some of the targets named in a flurry of sex abuse lawsuits filed Wednesday in New York as the state began accepting cases once …

Native American Tribe Says Showtime’s ‘Billions’ TV Show Defamed Reputation

In the hit Showtime series “Billions,” it seems, everybody’s somebody. Ruthless hedge fund titan Bobby Axelrod evokes Steven A. Cohen, the billionaire founder of SAC Capital Advisors. U.S. Attorney Chuck Rhoades is a Preet Bharara type. And then there’s the …

Brown & Brown of Massachusetts Acquires Assets of Yozell

Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its customers with value in group employee and executive benefits products and services. Following …

Hub International Limited Acquires Assets of Insurance Center of New England

Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Insurance Center of New England Inc. (ICNE). Terms of the transaction were not disclosed. With locations in Agawam and Gardner, Mass., ICNE is a locally owned, independent …

Woodruff Sawyer Adds New England Practice Leader Coady to Board of Directors

Woodruff Sawyer, a U.S. insurance brokerage, has announced that Sean Coady, senior vice president and New England practice leader, has joined the Board of Directors. Prior to joining Woodruff Sawyer, Coady was a co-founder of Capstone Insurance, an independent insurance …

OSHA Fines Contractors in Death of Delaware Port Worker

Federal safety regulators have cited two contractors following the death of a worker at Delaware’s port of Wilmington earlier this year. The Occupational Safety and Health Administration says Enerfab Process Solutions & Fabricated Products Inc., along with Industrial Services Group …

Specialty Program Group Acquires Assets of New York’s The Mechanic Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of The Mechanic Group Inc. (TMG), a Pearl River, N.Y.-based specialty insurance program manager. Terms of the acquisition were not disclosed. Established …

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