East News

Alliant Hires Hayden to Philadelphia Team as Vice President

Alliant has hired Martin Hayden, Jr. to its Philadelphia team as vice president. In this position, Hayden will provide customized risk and insurance and consulting services to his client base. Hayden is a risk and insurance professional with a focus …

Connecticut Insurance Commissioner Wade to Step Down

Connecticut Insurance Department Commissioner Katharine Wade plans to step down from her position on December 19, 2018. Connecticut’s incoming Governor-elect Ned Lamont, who is set to take office on January 9, will appoint a new commissioner. Connecticut Insurance Department Life …

Alera Group Agrees to Purchase Avon-Dixon Agency from Shore Bancshares

Shore Bancshares Inc., a financial holding company headquartered in Easton, Md., and The Avon-Dixon Agency LLC, its wholly-owned insurance producer firm, have entered into an asset purchase agreement with Avon-Dixon, an Alera Group Agency LLC (Alera). Alera is a Delaware …

Pennsylvania Insurance Department Approves Mid-Year Workers’ Comp Filings

The Pennsylvania Insurance Department has approved two mid-year workers’ compensation loss cost filings, effective January 1, 2019. The fillings are from the Pennsylvania Compensation Rating Bureau (PCRB), an independent bureau, which makes filings to the Insurance Department on behalf of …

IICF Raises Nearly $1.3M for N.Y. Nonprofits, Honors HUB International Limited

The Insurance Industry Charitable Foundation (IICF) has announced that nearly $1.3 million was raised on Wednesday, December 12, at its 12th annual Northeast Benefit Dinner to fund the IICF Northeast Division’s Community Grants Program. This includes nearly $65,000 raised through …

Maine Company Whose Worker Died from Roof Fall Faced Safety Fines

The Maine company that employed a roofer who fell to his death has faced several fines lodged by federal safety authorities. The Portland Press Herald reports that Purvis Home Improvements has been ordered to pay over $44,000 in fines since …

Connecticut Insurance Department Partnering with RiskGenius in Tech Pilot Program

The Connecticut Insurance Department is one of nine state insurance regulators participating in a pilot program to test a web-based platform that uses machine learning. The pilot states are partnering with RiskGenius, a Kansas-based tech company that has developed software …

Massachusetts Lawmakers Grill Natural Gas Execs After September Explosions

Natural gas companies in Massachusetts are compromising safety by increasingly turning to outside contractors for pipeline work while cutting back on staff that would oversee these projects, state lawmakers said Tuesday at a hearing following September’s natural gas explosions in …

New York Contractor Convicted of Hiring Hit Men for Killing

A Schenectady, N.Y., contractor has been convicted of first-degree murder in a scheme to kill a man for life insurance money. A jury convicted 54-year-old Tarchand Lall on Wednesday for hiring hit men from Delaware to kill Charles Dembrosky, who …

Schumer Says Farm Bill Will Help New York Dairy Farmers

Sen. Chuck Schumer says the sweeping farm bill approved by Congress will help New York dairy farmers. The Senate’s Democratic leader says the bill invests $100 million in the federal dairy insurance program to help make it work better for …

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