East News

C&S Insurance Acquires Massachusetts’ Francis M. Walley Insurance Agency

C&S Insurance has acquired Dedham, Mass.-based Francis M. Walley Insurance Agency. Since assuming ownership in 2012, C&S Insurance second-generation owners Ben Cavallo and Keith Signoriello have completed seven agency acquisitions. Altogether, C&S Insurance – headquartered in Mansfield, Mass. – now …

N.J. Insurers, Regulated Entities Urged to Assist Marcal Employees Affected by Fire

New Jersey Department of Banking and Insurance Commissioner Marlene Caride last week issued a bulletin encouraging insurers and entities regulated by the department to work with and assist employees of the Marcal paper products facility who lost their jobs after …

Vermont Workers’ Comp Rates to Decrease for Third Year in a Row

Workers’ compensation insurance will continue to cost less for most Vermont employers when new rates approved by the Department of Financial Regulation (DFR) become effective on April 1, 2019. This is the third rate decrease since Governor Phil Scott took …

Pennsylvania Woman’s Son Pleads Guilty, Gets Probation in Mansion Fire Fraud Case

The son of a suburban Philadelphia woman convicted in a multi-million-dollar insurance fraud case following fires at her Bucks County property has been sentenced to four years’ probation. Forty-seven-year-old Carl Risoldi of Doylestown, Penn., pleaded guilty Friday to three related …

Maine’s BroGue Insurance & Financial Services Promotes Kinney, Hires Cole

BroGue Insurance & Financial Services has promoted Heather Kinney to agency manager and hired Derek Cole. Kinney began her insurance career in 1990 and has been a licensed agent since 1999, with experience in both personal and commercial lines. In …

PMC Insurance Group Hires Skinner as Assistant Vice President in Massachusetts

PMC Insurance Group, a Bedford, Mass.-headquartered, national workers’ compensation wholesaler, has hired Richard Skinner as assistant vice president for its staffing programs division, StaffPRO3. In his new role, Skinner will be responsible for growing new business nationwide. He brings more …

State Farm Announces 4.9% Auto Insurance Rate Decrease in Virginia

State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for State Farm …

N.Y. Construction Worker Injured by Steel Plate

Police in Long Island, N.Y., say a construction worker has his legs severed below the knee when a steel plate knocked him into a hole and landed on him. Officials say the unidentified 39-year-old man was working to install a …

Troubled Delaware Poultry Plant Reports Wastewater Spill

State environmental officials say a southern Delaware poultry processing facility with a history of wastewater violations has reported an accidental discharge of up to 1 million gallons of partially treated wastewater. Officials say Arkansas-based Mountaire Farms reported that the release …

Mayor Establishes D.C. Financial Services Regulatory Sandbox, Innovation Council

District of Columbia Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council. The council is charged with studying and reporting on the feasibility of implementing a financial services regulatory sandbox in the District …

East News Archives by Month