East News

Pennsylvania Opens Investigation into Gas Liquids Pipeline

Pennsylvania’s attorney general said Tuesday that his office has opened an investigation into construction on a 350-mile natural gas liquids pipeline project across southern Pennsylvania that has been blamed for polluting waterways in dozens of places and causing sinkholes near …

Risk Strategies Acquires New York City’s Krauter & Company

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Krauter & Company LLC, a specialty firm focused on the risk and insurance needs of private equity firms and their portfolio companies. Founded in 2004 and …

Rhode Island Horse Insurer Gets Three Years in Prison for $1.3M Fraud Scheme

A Rhode Island insurance agent who specializes in insuring horses has been sentenced to three years in prison for defrauding clients, insurance companies and finance companies out of $1.3 million. Federal prosecutors say 57-year-old Randall Levesque, of Middletown, was also …

Massachusetts Shop Owners Frustrated with Natural Gas Disaster Response

More than six months after natural gas explosions rocked Massachusetts’ Merrimack Valley, small business owners in the region say they’re still reeling. Convenience store, grocery and salon owners complained at a forum in Lawrence, Mass., on March 6 that the …

Virginia’s Genworth Financial to Layoff About 80 Employees

A company has announced the layoff of about 80 employees, including 35 in a Virginia city. The News & Advance reported Monday that Genworth Financial announced the layoffs of 35 people in Lynchburg, Va., and 21 people in Richmond, Va. …

The Hilb Group Acquires Massachusetts’ Marsh-Kemp Insurance Agency

The Hilb Group LLC (THG) has acquired Massachusetts-based Marsh-Kemp Insurance Agency Inc. (MK). The transaction became effective March 1, 2019. Established in 1912, MK provides clients with a variety of personal and business insurance options. Agency Leader Thomas McLear will …

Slaugenhoup Promoted to Assistant Vice President at RT Specialty

David M. Slaugenhoup has been promoted to assistant vice president within RT Specialty’s National Environmental and Construction Professional Liability practice. Since joining the New Day team in 2013, he has worked to help its retail broker clients representing the construction, …

Rhode Island’s Starkweather & Shepley Insurance Brokerage Hires Hornsey

Starkweather & Shepley Insurance Brokerage Inc. (S&S) has hired Shikha Hornsey as chief information officer based in East Providence, R.I. Hornsey will be responsible for formulating organizational growth through technical, digital and innovative business. She will also provide strategic IT …

Towne Insurance Acquires Virginia’s Straus, Itzkowitz & LeCompte Insurance

Towne Insurance, a wholly-owned subsidiary of TowneBank, has acquired Straus, Itzkowitz & LeCompte Insurance, a full-service, independent agency located in Richmond, Va. Straus, Itzkowitz & LeCompte is led by agency president Fred Itzkowitz and executive vice president Pettus LeCompte. They …

Gas Company to Replace Heating Equipment Damaged in Massachusetts Disaster

The natural gas company blamed for a series of explosions and fires in Massachusetts’ Merrimack Valley says it’ll resume replacing damaged heating equipment for property owners this spring. Columbia Gas of Massachusetts said furnaces, boilers and hot water heaters repaired …

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