East News

New York Says Exxon Misled Investors About Climate Risks

New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks that climate change poses to its operations. The lawsuit filed by Attorney General Barbara Underwood is the latest in a …

A.M. Best Revises Outlooks to Stable for Agency Insurance Company of Maryland

A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ for Agency Insurance Company of Maryland Inc. (AIC), based in Hanover, Md. The …

New Hampshire Restaurant Accused in Crash Death of Three Men Faces Trial

A Chinese restaurant in New Hampshire accused of over-serving alcohol to three men who later died in a 2016 crash is now on trial. Prosecutors argue 21-year-old Malachi Davis, 21-year-old Hunter Vars and 20-year-old Jack Perrault were all given too …

HMS Agency Acquires New York’s Adirondack Family Insurance Services

HMS Agency Inc. (HMS), a family-owned and operated insurance agency based in Albany, N.Y., has acquired Adirondack Family Insurance Services of Saratoga Springs, N.Y. The purchase agreement was finalized on July 1, 2018, and represents the fifth acquisition by HMS …

Pennsylvania’s Arthur Hall Insurance Hires Hernandez

Arthur Hall Insurance, a West Chester, Penn.-based insurance agency, has hired Cynthia Hernandez as a commercial lines account manager. In this role, Hernandez will be responsible for all client management services for the Commercial Lines Delaware Division of Arthur Hall …

Massachusetts’ Rogers & Gray Insurance Names Bizak as Chief Partnership Officer

Rogers & Gray Insurance, a South Dennis, Mass.-based insurance agency, has named Robert Bizak to the newly created position of chief partnership officer. In this role, Bizak will be responsible for building upon Rogers & Gray’s acquisitive and/or partnership growth. …

New York AG ‘Puts Up,’ Sues Exxon Over Climate Change Disclosures

Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public disclosures about climate change, saying authorities should …

NJM Hires Callahan to Expand Teen Driver Safety Program in Pennsylvania

NJM Insurance Group (NJM), a property and casualty insurer in the Mid-Atlantic region of the U.S., has hired Jeneen M. Callahan to lead the expansion of its Teen Driver Safety Program into Pennsylvania. In her role, Callahan will lead the …

NIF Group Hires Schutz as an Excess and Surplus Lines Broker in Massachusetts

NIF Group Inc., a New York-based wholesale broker, program administrator and managing general agency, has hired Erich A. Schutz as an excess and surplus lines broker in the East Douglas, Mass., branch office. Schutz joins NIF from DeCotis Specialty, where …

Massive Blaze Tears Through New Jersey Town, Destroys Multiple Businesses

A fast-moving blaze ripped through the business district of a New Jersey town, destroying multiple businesses and causing the partial collapse of at least four buildings, according to officials. Daniel DeGroot, director of public safety for Dover, N.J., said the …

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