East News

N.Y. Sen. Schumer: Near Misses Show Need for Drone Regulations

U.S. Sen. Charles Schumer, D-N.Y., says recent near misses between aerial drones and aircraft at New York City’s Kennedy Airport show the need for federal regulations on the small, remote controlled aircraft. The New York Democrat said Sunday that three …

2 AIG Subsidiaries File to Redomesticate From Pennsylvania to Illinois

Two subsidiaries of the American International Group — Granite State Insurance Company and New Hampshire Insurance Company — recently filed for approval a plan of redomestication that would change their state of domicile from Pennsylvania to Illinois. The two companies …

Massachusetts Commissioner Murphy to Step Down, Join Coverys as COO

Massachusetts Insurance Commissioner Joseph Murphy will step down from his post and join Boston-based medical professional liability insurer Coverys as its new chief operating officer, Coverys announced Monday.

Buffalo, N.Y.-Area Residents Urged to Prepare for Flooding

Buffalo, New York, is making significant progress clearing streets still clogged from an epic storm left more than 7 feet of snow even as a flooding threat looms, the city’s mayor said Sunday. A ban on driving will continue in …

D.C. Approves Fines for People Who Don’t Shovel Snow

District of Columbia residents who don’t shovel their sidewalks after a snowstorm would face fines under a bill approved by the D.C. Council. The bill was approved Tuesday by a 10-3 vote. It calls for $25 fines for homeowners who …

Connecticut Approves NCCI’s Workers’ Comp Loss Cost Decrease Filing

The Connecticut Insurance Department recently approved the National Council on Compensation Insurance’s (NCCI) workers’ compensation filing for an overall -0.6 percent change for pure premium loss costs and an overall -0.5 percent change in assigned risk plan rates in Connecticut. …

Safety Urged During Holiday Season in Virginia

Several groups, businesses and state leaders in Virginia are kicking off efforts to prevent drunken driving this holiday season. Mothers Against Drunk Driving, Nationwide Insurance and AAA Mid-Atlantic were joined by Attorney General Mark Herring and Virginia State Police Superintendent …

New York Insurance Association Elects 2015 Officers and Board Directors

The New York Insurance Association (NYIA) elected its 2015 officers and board of directors at the association’s annual meeting on Nov. 13. The following officers were elected for a one-year term ending Dec. 31, 2015: Chair: Bernard Turi, senior vice …

Draft Report: Taxis to Be Outnumbered by Rideshare Drivers in Virginia

A draft state report predicts taxis will be outnumbered by ride-sharing drivers after Virginia begins regulating the industry. The report estimates that 5,900 personal vehicles would be registered under a ride-sharing company. That’s 500 more than the number of taxis …

Eastern Insurance Group Hires Lemos as Construction Practice Manager in Mass.

Eastern Insurance Group in Natick, Massachusetts, has hired William Lemos as senior vice president and manager of its construction practice. At Eastern Insurance Group, Lemos will provide oversight and direction as it pertains to operations, marketing and new business growth …

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