East News

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 …

Hub International Limited Acquires The Insurance Exchange in Maryland

Hub International Limited has acquired The Insurance Exchange Inc. Based in Rockville, Md., The Insurance Exchange is an independent insurance agency that provides employee benefits consulting, commercial property and casualty, loss control, bonding, risk management, personal umbrella, home and auto …

Arthur J. Gallagher & Co. Acquires Connecticut’s Merit Insurance

Arthur J. Gallagher & Co. has acquired Shelton, Conn.-based Merit Insurance Inc. Founded in 1950, Merit Insurance is a retail property and casualty broker and employee benefits consultant offering a range of coverages and services to clients across the Northeast …

Connecticut Lawmakers Continue Push to Address Crumbling Foundations

Connecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners. Michael Marglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company, said it is good news …

OSHA Scraps Obama Workplace Injury Reporting Rule; 6 States Sue

Citing a concern over potential public disclosure of sensitive worker information, the Occupational Safety and Health Administration (OSHA) recently eliminated a requirement that businesses with 250 or more employees electronically submit annual reports on every employee injury or illness. The …

IIAV Names Bragg as Director of Membership & Marketing

After more than 25 years in the insurance industry, Donald Bragg has joined the Independent Insurance Agents of Virginia as the director of Membership & Marketing. Bragg comes to IIAV with experience in both personal lines and commercial lines insurance …

Liberty Mutual Names Ferguson as Wholesale Distribution Executive East

Liberty Mutual has named Jessica Ferguson as wholesale distribution executive in the East region within its Global Risk Solutions unit. She will join the leadership team led by Ben Johnson, wholesale distribution executive for North America, who is responsible for …

New Hampshire High Court Rules Board Wrong to Deny Workers’ Comp for Medical Pot

The New Hampshire Supreme Court has ruled that a labor appeals board was wrong to determine that workers’ compensation insurance can’t reimburse an employee for the cost of medical marijuana. The court found that under the state’s medical marijuana law, …

Appeals Court Upholds Convictions in Connecticut Car Accident Scam

A federal appeals court has upheld fraud convictions against two men for their roles in a Connecticut auto insurance scam that involved as many as 50 staged car crashes. A three-judge panel of the 2nd U.S. Circuit Court of Appeals …

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