East News

Wilkinson Insurance Services Acquires Commercial Insurance Services of Virginia

Wilkinson Insurance Services Inc., an insurance premium audit services company based in Huntsville, Ala., is expanding to Virginia with its acquisition of Commercial Insurance Services of Virginia. The acquisition is expected to increase the company’s footprint in the Southeast and …

Restoring Gas Heat in Rhode Island Could Take a Week or More

National Grid began the painstaking process Tuesday of going door-to-door to restore natural gas service to about 7,000 Rhode Island customers who were without heat on a day when temperatures weren’t expected to rise above freezing. The effort in Newport …

Hartford Archdiocese Has Paid $50M to Settle Abuse Claims

The Roman Catholic Archdiocese of Hartford says it has paid $50.6 million to settle priest sexual abuse claims over the last several decades. The archdiocese said Tuesday that it has settled 142 claims involving 32 clergy members. The archdiocese paid …

Ryan Specialty Group Reaches Agreement to Acquire Boston Insurance Specialists

Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Mass. Terms of the transaction were not …

Delaware Licensed 46 Newly Formed Captive Insurers in 2018

In 2018, Delaware licensed 46 newly formed captive insurers despite a challenging environment, according to Delaware Insurance Commissioner Trinidad Navarro in a press release issued by the Delaware Insurance Department. “Captive insurance formations faced a number of challenges in 2018, …

Amity Insurance Agency Forms Strategic Alliance with New Hampshire Bar Association

Amity Insurance Agency Inc., a Quincy, Mass.-based full service agency, has formed a strategic alliance with the New Hampshire Bar Association. The announcement was made by Roy Solomon, president and owner at Amity Insurance, and George Moore, executive director at …

Washington D.C.’s Ensurise Merges with Maryland’s Reese, Yeatman & Associates

Independent insurance agency Ensurise LLC has merged with the property and casualty insurance brokerage operations of Reese, Yeatman & Associates Inc. Founded more than 40 years ago by Michael G. Reese Sr., Reese Yeatman is in its second generation of …

Maryland Family Sues for Up to $20M Over Man’s Death at Delaware Junk Yard

The family of a Maryland man crushed by a van in a Delaware junk yard is suing the business for up to $20 million for gross negligence, wrongful death and other claims. The News Journal of Wilmington reports the family …

New York City’s Global Excess Partners Promotes Cook to VP, Managing Director

Global Excess Partners (GEP), a specialty insurance organization, has promoted Brendan Cook from vice president to vice president and managing director. He reports to Chris Zoidis, corporate executive vice president of H.W. Kaufman Group, the parent company of GEP. In …

XPT Group Acquires New York City’s SVA Underwriting Services

XPT Group LLC has acquired SVA Underwriting Services Inc., a trucking and transportation MGA and Lloyd’s Coverholder. SVA Underwriting specializes in physical damage and cargo cover with the ability to underwrite, issue policies and endorsements and arrange for engineering and …

East News Archives by Month