East News

XS Brokers in Massachusetts Announces 3 Promotions

XS Brokers, a wholesale agency based in Quincy, Massachusetts, announced three promotions. Gabe Carrieri has been promoted to executive vice president. Carrieri joined XS Brokers in 2005 after a 13-year career in the investments industry. Since then he has helped …

N.Y. Nixes 57 Nuisance Fees Including Fees on Some Work Comp Disputes

New York is eliminating dozens of small fees the state had imposed on such random things as potato inspections, ski lifts and workers’ compensation disputes involving podiatrists. New York Gov. Andrew Cuomo’s administration detailed the 57 so-called nuisance fees on …

Penn.: Fracking Exclusion Not Allowed in Homeowners Earthquake Endorsements

The Pennsylvania Insurance Department issued a notice telling insurance companies that earthquake endorsements to homeowners insurance policies in Pennsylvania cannot exclude coverage for earthquakes that may be caused by “human activity” such as fracking. According to the Pennsylvania Insurance Department’s …

Obama Signs Massachusetts Disaster Declaration for January Blizzard

Massachusetts Gov. Charlie Baker said Monday that federal disaster aid that the state has been granted for a late January blizzard could bring between $80 million and $90 million, but he’s disappointed his broader request wasn’t approved. “I’m disappointed that …

Millions, Including Sandy Victims, Facing Higher Flood Insurance Premiums

A $24 billion sea of red ink has millions of Americans in vulnerable flood zones, including homeowners still struggling to recover from Superstorm Sandy, facing steep increases in flood insurance premiums. New legislation that went into effect this month — …

NGM Insurance Brings Expanded Work Comp Program to Vermont

The Main Street America Group’s NGM Insurance Co. has introduced an expanded workers’ compensation program in Vermont via its network of independent insurance agents across the state. NGM’s expanded workers’ compensation product considers 10 characteristics that impact company placement, including …

Enhanced Security to Remain in Place for Boston Marathon

Tight security will be in place again for the Boston Marathon — the second since the deadly 2013 bombing at the finish line. About 30,000 runners are expected to participate in next Monday’s race, with about 1 million spectators lining …

Former Roselle, N.J. Mayor Headed to Jail for Insurance Fraud

The former mayor of Roselle, New Jersey, has been sentenced to 90 days in jail for insurance fraud over false reports made after a hit-and-run accident. NJ.com reports that Garrett Smith was sentenced on April 10 after filing false reports …

Connecticut Fee Schedule for Hospitals, ASCs Takes Effect

Connecticut’s Medicare-based fee schedule in workers’ compensation for hospital inpatient, hospital outpatient, and ambulatory surgical center (ASC) services went into effect April 1. Previously, there were no facility fee schedules in Connecticut and employers were liable for the hospitals’ prevailing …

Former Maryland Agent Pleads Guilty to Insurance Fraud

Authorities announced that a Hagerstown, Maryland, woman pleaded guilty in the Circuit Court for Washington County to one count of felony insurance fraud having a value of $300 or more. Maryland Attorney General Brian Frosh announced on April 7 that …

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