East News

Massachusetts’ The Hanover Appoints Baron President of Alternative Markets

The Hanover Insurance Group Inc. has appointed Frank M. Baron as president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group. In this role, Baron will lead the company’s specialty programs, excess and surplus (E&S) …

Investor Group Acquires Connecticut’s Talcott Resolution from The Hartford

Talcott Resolution, The Hartford’s run-off life and annuity businesses, has been acquired by an investor group led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. Safra Group. Although Talcott …

Runner Who Broke Arm on NYC Bridge Sues Port Authority

A New York man who broke his arm running on the George Washington Bridge is suing the Port Authority of New York and New Jersey, alleging there’s not enough space for cyclists and pedestrians. Dennis O’Donnell says he was headed …

After Pair of 1-in-1000 Year Floods, a Maryland Town Seeks Safeguards

The deadly flash flood that devastated a Maryland town’s historic center in July 2016 was dubbed a 1-in-1000 year event. Less than two years later, an even more treacherous flood ravaged the town, gutting shops and killing a visitor. Exasperated …

New York Attorney General Leads Suit Against U.S. Environmental Protection Agency

New York Attorney General Barbara D. Underwood, joined by Attorneys General Xavier Becerra of California and Brian Frosh of Maryland, has led a lawsuit against the United States Environmental Protection Agency (EPA) for the delay of what they allege is …

New York Board Proposes 11.7% Decrease in Workers’ Comp Rates

The New York Compensation Insurance Rating Board (NYCIRB), a non-governmental rate service organization, has proposed an 11.7% decrease in the overall loss cost level in New York State. The change was proposed in its 2018 loss cost filing with the …

Massachusetts’ Insurance Center of New England Hires Slezek as CFO

Insurance Center of New England (ICNE), a privately owned and independent insurance agency with three offices in Agawam, Gardner and Westford, Mass., has hired Lori A. Slezek as chief financial officer. In this role, Slezek will report directly to ICNE …

Rhode Island’s Narragansett Bay Insurance Company Names Tiziani SVP

Narragansett Bay Insurance Company (NBIC) has named Glen Tiziani senior vice president of Sales & Distribution, effective May 21, 2018. NBIC, a Rhode Island-headquartered, wholly-owned subsidiary of Heritage Insurance Holdings Inc., offers specialty insurance services and products to homeowners through …

Monomoy, Rogers & Gray, Spinnaker Launch Admitted Homeowners Product in Mass.

Monomoy Insurance Group and Rogers & Gray Insurance have launched an admitted residential homeowners product in Massachusetts through a partnership with Spinnaker Insurance Company (Spinnaker), a national property and casualty insurer. Monomoy Insurance Group was established with a goal of …

Mass., Conn. Senators Seek Answers About Safety Protocols for Self-Driving Cars

U.S. Senators Edward Markey and Richard Blumenthal are pressing automakers and technology companies that are developing self-driving cars about their safety protocols for test-driving the vehicles. Federal investigators said this week that the system used to automatically apply brakes had …

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