East News

New York Governor Presses Banks, Insurers to Weigh Risk of NRA Ties

New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. Cuomo, a Democrat, noted …

Specialty Program Group Launches New Heights Insurance Solutions in Pennsylvania

Specialty Program Group LLC (SPG), an insurance holding company for specialty brokerages and underwriting facilities, has launched Eastern Pennsylvania-based New Heights Insurance Solutions (New Heights). New Heights President Megan Rose joined SPG as part of its Norman-Spencer Crane acquisition and …

New York’s PIA Management Services Hires Lachut

PIA Management Services Inc. has hired Bradford J. Lachut as director of Government and Industry Affairs for the five PIA state affiliates managed by the Glenmont, N.Y.-based group. Lachut previously served as PIA’s government affairs counsel prior to working as …

New York City Council Passes Workplace Anti-Harassment Bills

The New York City Council has passed 11 bills designed to strengthen workplace sexual harassment protections. According to The Wall Street Journal, Democratic Council Speaker Corey Johnson says the legislation is designed to provide all New Yorkers “a safe and …

Open-Door Helicopter Flights Banned From Taking Off From New York City

New York City is officially banning open-door helicopter flights from taking off within the five boroughs in the wake of last month’s deadly copter crash. The Daily News reports the Economic Development Corporation plans to announce the new rule on …

Judge Rules Convicted Swindler in Connecticut Won’t Have to Pay Restitution

A judge has ruled that a former Connecticut insurance broker convicted of swindling millions of dollars from several elderly clients won’t have to repay the money, as originally ordered. Galan Newton was sentenced to 15 years in prison in 2001 …

Jimcor Agency Announces Two Additions to Western Pennsylvania Team

Jimcor Agency Inc., an independent managing general agent and insurance wholesaler, has hired Sarah Warner as a property and casualty underwriter for the Western Pennsylvania office located in Pittsburgh, Penn, and Stefan Santacroce as a brokerage specialist working out of …

New York Workers’ Comp Board Proposes Improvements in Care for Injured Workers

The New York State Workers’ Compensation Board (the Board) has proposed improvements in medical care for injured workers. Its proposal includes an increase in medical reimbursement to providers who treat workers’ compensation claimants and the adoption of a universal claim …

Arthur J. Gallagher Adds Four to Its Construction Practice Group for Long Island

Arthur J. Gallagher in Jericho, N.Y., (AJG) has added four professionals from SterlingRisk in Woodbury, N.Y., to its Construction Practice Group for Long Island. Joseph A Santospirito Jr. has been named area senior vice president within AJG’s Construction Practice Group. …

DFW Capital Partners Becomes Majority Owner of New York’s ReSource Pro

DFW Capital Partners, a 35-year-old private equity firm based in New Jersey, has completed an investment in ReSource Pro, becoming the company’s majority owner. ReSource Pro, a New York-based provider of operations efficiency and business process solutions for the insurance …

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