East News

Brightway Insurance Opens Second Store in New York

Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent stores, has opened its second store in New York. Julio Ramirez opened Brightway, The Ramirez Agency in New Rochelle, N.Y., on July 23. The news of …

Pittsburgh Sees Hands-On Restart of Uber’s Self-Driving Cars

Uber has taken the first step toward relaunching its self-driving cars on Pittsburgh-area streets four months after a fatal accident involving one of the cars in Arizona. A spokeswoman said the company put a handful of vehicles back on the …

Pennsylvania Warns Consumers, Insurers About Rising National Auto Theft Rates

Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rising by more than four percent in the first half of 2017. She also …

Construction Company Indicted for Wage Theft, Insurance Fraud in New York

CRV Precast Construction LLC (CRV) and six of its employees have been indicted for misclassifying workers as lesser-skilled, underpaying them and falsifying information about payroll and employees, including a worker who was killed at a company job site. The defendants …

Pennsylvania Flash Flooding Leads to Evacuations, Amusement Park Closing

Heavy downpours soaked parts of central Pennsylvania, causing evacuations and forcing an amusement park to close for the second time this week. Hersheypark announced it would be closed Wednesday. The park closed Monday after heavy rain and flash flooding caused …

A.M. Best Assigns Credit Ratings to Clearwater Select Insurance Company

A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ to Clearwater Select Insurance Company, an insurance company based in Stamford, Conn., that specializes in auto, home, life and business insurance. …

The Maryland Insurance Administration Continues Efforts to Stop Insurance Fraud

In the first half of 2018, Maryland Insurance Administration (MIA) investigations led to the criminal prosecution of 12 people for committing insurance fraud and the issuance of 25 civil fraud orders. These enforcement efforts resulted in a combined total of …

Burns & Wilcox Hires Cunningham to New York City Office

Burns & Wilcox, a wholesale insurance broker and underwriting manager, has hired Jeffrey R. Cunningham to its New York City office as a senior broker in its Environmental Insurance practice. Cunningham previously served in leadership roles at American Risk Management …

Virginia’s The Hilb Group Acquires Southern Maryland Insurance

The Hilb Group LLC (THG) has acquired Southern Maryland Insurance Inc. (SMI). The transaction became effective July 1, 2018. Located in Bowie, Md., SMI is primarily a property/casualty insurance agency offering coverages to businesses throughout the Mid-Atlantic area. Following the …

EPIC Insurance Brokers & Consultants Hires D’Agostino in New York City

EPIC Insurance Brokers & Consultants, a retail property and casualty and employee benefits insurance brokerage and consulting firm, has announced that Lou D’Agostino and his Iron Cove Partners team have joined the firm. D’Agostino has more than 17 years of …

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