East News

Vermont to Require That All Have Health Insurance

Vermont is moving forward with its quest to ensure that as many residents as possible have health insurance by enacting a law that will require all to be covered or be penalized. The law, signed with no fanfare by Republican …

Delaware Couple Arrested for $100K Insurance Fraud

A Delaware couple has been arrested for insurance fraud after filing false medical claims for an automobile accident that never occurred, leading their insurance provider to be billed more than $100,000. “We take insurance fraud seriously,” said Delaware Insurance Commissioner …

Wholesale Trading Insurance Services Hires Megenis in New York

Wholesale Trading Insurance Services LLC (WTIS) has hired Alex Megenis as a vice president and property and casualty broker in New York. Megenis most recently was a broker at Risk Placement Services, where he worked for just less than eight …

Disaster Declaration Approved for March Storm in New Jersey

President Trump has granted a major disaster declaration for the state of New Jersey for damage stemming from the severe winter storm and snowstorm March 6-7. The Federal Emergency Management Agency says the declaration issued Friday will release federal funds …

MAPFRE Insurance Set to Exit New York, New Jersey Markets

MAPFRE Insurance has entered into definitive agreements with affiliates of The Plymouth Rock Company to exit the states of New York and New Jersey as part of MAPFRE’s previously announced strategy to focus on its core states and lines of …

Oil Companies Ask to Throw Out New York’s Climate Change Lawsuit

A group of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to climate change. ConocoPhillips, Exxon Mobil Corp. and Chevron Corp. argued in a hearing …

Liberty Mutual Appoints Waters to National Insurance Specialty Unit

Liberty Mutual, a Boston, Mass.-headquartered global insurer, has appointed Matt Waters to lead the areas of its National Insurance Specialty unit that provide a full range of primary and excess products to large and mid-size construction and energy companies through …

Massachusetts Sues Opioid Maker Purdue Pharma, Executives

Massachusetts on Tuesday filed a lawsuit against Purdue Pharma LP, accusing the OxyContin maker of illegally promoting the use of opioids, and became the first state to sue the drugmaker’s executives and directors to hold them responsible as well. The …

FEMA Assessing Tornado Damage in Connecticut

Federal Emergency Management Agency officials on Monday began assessing damage from a tornado and a macroburst that hit Connecticut during severe storms last month, a process that could lead to federal aid. Officials reviewed damage from an EF1 tornado with …

Pennsylvania’s Allied Insurance Brokers Promotes Beer to Senior Account Manager

Allied Insurance Brokers has promoted Landin Beer to senior account manager. In her new position, Beer will manage a territory that includes the states of Illinois, Indiana, Michigan, Minnesota and Wisconsin. She will handle a book of business focusing on …

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