East News

King Insurance Acquires New Jersey’s Mehta Agency

Florida-based King Insurance Partners reports it has acquired Mehta Insurance Agency, located in Absecon, New Jersey. Mehta Insurance Agency’s offerings include business, flood and life insurance. Sunil Mehta said that integrating with King will allow the agency to continue serving …

New York State’s Commission on Ethics Facing Judicial Test

Months after a judge ruled that New York’s ethics watchdog violated the state constitution because it was too independent, a state lawyer told an appeals court that officials had the right to create a corruption-fighting commission more insulated from the …

Woman Drops Lawsuit Alleging Billionaire Financier Raped Her

A woman who accused billionaire Leon Black of raping her two decades ago at the Manhattan mansion of disgraced financier and sex offender Jeffrey Epstein has ended her lawsuit against the Apollo Global Management co-founder. Cheri Pierson dismissed her claims …

Long-Serving Delaware Chancery Court Judge to Retire at Year’s End

Delaware’s nationally important Court of Chancery, which has come under criticism from Elon Musk this month, is losing its second-longest-serving judge. Sam Glasscock, who has served on the go-to venue for U.S. corporate disputes since 2011, plans to retire in …

Supreme Court Leaves Intact Elite School’s Diversity Policy

A divided US Supreme Court refused to question an admissions policy at a competitive Virginia public high school, turning away contentions that the program was designed to reduce the percentage of Asian-American students. The rebuff is a blow to racial-preference …

New Jersey School District Settles Sex Abuse Lawsuit Involving Teacher for $6 Million

A southern New Jersey school district will pay $6 million to settle a lawsuit brought by two students who claim they were sexually assaulted for years by a former high school teacher. The male students had filed separate lawsuits weeks …

Markets/Coverages: Connecticut Opens Door to Real Estate Insurer Honeycomb

The Connecticut Insurance Department has given Honeycomb Insurance approval to write policies statewide. Honeycomb offers customizable insurance coverage for apartment complexes, condominium associations, and single-family rental dwellings. The insurer promises technology-enabled and streamlined service, underwriting and pricing for commercial insurance …

Uber Sues Drivers’ Insurer Alleging Its Claims Practices Have Fueled Tort Litigation

Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to hold Uber vicariously liable for accidents involving some of its drivers in New York. Uber’s complaint cites 23 lawsuits that …

Northeast Warned to Expect More Floods Like This Winter’s

After back-to-back storms lashed the Northeast in January, rental properties Haim Levy owns in coastal Hampton, New Hampshire, were hammered by nearly two feet of water, resulting in hundreds of thousands of dollars in damage and causing him to evacuate …

Leaking Underground Propane Tank Found Before Deadly Virginia House Explosion

When firefighters arrived at a home in a Washington, D.C., suburb to investigate a report about a gas smell Friday night, they discovered a 500-gallon underground propane tank with a leak on the side of the residence. Shortly after they …

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