East News

N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier

Authorities said the president of a roofing company in New Jersey pleaded guilty to providing false and misleading information to the company’s workers’ compensation carrier in order to avoid paying hundreds of thousands of dollars in insurance premiums that he …

Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives

Vermont’s Gov. Peter Shumlin signed new legislation updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. Officials said the new dormant status establishes an efficient mechanism and an option for captives that …

Poll Finds New Jerseyans Souring on State’s Sandy Recovery Efforts

A new poll finds New Jerseyans are souring on how the state is handling Superstorm Sandy recovery efforts. The Monmouth University/Asbury Park Press poll out Wednesday found public satisfaction with the recovery effort has dropped below 50 percent for the …

Fireman’s Fund Names Senior Product Director for Healthcare Practice in N.Y.

Fireman’s Fund Insurance Company has appointed Mike Midgley to senior product director for healthcare professional liability. He is located in Fireman’s Fund’s New York office.Midgley most recently worked in compliance, product development and risk management for 10 years at American …

AssuredPartners Acquires CBS Coverage Group in N.Y.

AssuredPartners Inc., through its subsidiary Assured SKCG Inc., has recently acquired CBS Coverage Group Inc. in Plainview, N.Y. CBS Coverage Group specializes in commercial insurance, employee benefits and financial planning services, and personal insurance. The firm reports revenues of approximately …

Griffith Insurance Education Foundation Moves to Pennsylvania

The Griffith Insurance Education Foundation announced that, as of April 15, its office will officially relocate from Columbus, Ohio, to Malvern, Penn. In 2012, The Griffith Foundation affiliated with The Institutes, an insurance education provider based in Malvern. The Griffith …

N.Y. Lawmakers Propose Speed Cameras in School Zones in NYC, Long Island

New York State lawmakers are taking aim at lead-footed drivers in New York City and Long Island with a proposal to authorize hundreds of speed cameras in school zones, a plan touted as a way to protect pedestrians and raise …

New Jersey Officials Fighting to End ‘Epidemic of Driver Inattention’

New Jersey’s Acting Attorney General John Hoffman this week announced the staggering toll driver inattention has taken on New Jersey’s roadways in the past 10 years. Hoffman said New Jersey has experienced a “distracted driving decade” during the past 10 …

Suspect Sandy Charity Begins Distributing Money

A Superstorm Sandy charity that was suspected of fraud has started distributing money nearly a year after a settlement with New Jersey prosecutors. The unregistered Hurricane Sandy Relief Foundation handed out $225,000 to four charitable organizations in New Jersey and …

Most Sandy Housing Assistance Going to Ocean County in N.J.

Records show more than 60 percent of Superstorm Sandy state housing assistance is going to homeowners in Ocean County, N.J. Nearly $14 million of the $23 million spent on the Sandy Housing Rental Assistance Program has helped 5,137 Ocean County …

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