East News

Housing Focus of Next Sandy Aid for New Jersey

Restoring housing and expanding a fund that finances thousands of affordable rental units for low- to moderate-income families will be how New Jersey spends most of what will likely be the final round of Superstorm Sandy relief money. New Jersey …

Arthur J. Gallagher Acquires Independent Benefit Services in Maryland

Arthur J. Gallagher & Co. today announced the acquisition of Independent Benefit Services Inc. (iBEN) located in Rockville, Maryland. Terms of the transaction were not disclosed. Founded in 1989, iBEN provides employee benefits, human resources and retirement plan consultation and …

Mass. Vehicle Thefts Down 90% From Peak in 1975, Report Shows

From its peak auto theft year in 1975 when 91,563 vehicles were stolen, Massachusetts has experienced a significant decline ending 2013 with 9,122 thefts. That’s a reduction of 90 percent since 1975, according to the National Insurance Crime Bureau (NICB). …

N.J. Assembly Delays Vote on ‘Electronic’ Auto Insurance Bill

The New Jersey Assembly has delayed a vote on a measure that would allow drivers in New Jersey to use smart phones, computers or tablets to prove they carry auto insurance during traffic stops. The bill was due to be …

NICB: Vehicle Thefts in New York Down 92% From Peak in 1990

From its peak auto theft year in 1990 when 187,591 vehicles were stolen, New York has experienced a significant decline ending 2013 with 15,482 thefts. That’s a reduction of 92 percent since 1990, according to the National Insurance Crime Bureau …

Beecher Carlson Hires Aon Exec Martin as Managing Director in New York

Beecher Carlson Insurance Services LLC, a specialized large account insurance brokerage in Atlanta, has hired Allyson Martin as managing director. She is based in Beecher Carlson’s New York office. Martin most recently served as senior vice president at Aon Risk …

A.I.M. Mutual Names Standing to Succeed Myers as CEO in Massachusetts

A.I.M. Mutual Insurance Cos. in Burlington, Massachusetts, announced that its board of directors has named President Michael E. Standing to succeed John A. Myers as chief executive officer, effective Jan. 1, 2015.

Officials in Portland, Maine, Considering Database After Deadly Fire

Portland, Maine officials may roll out a centralized database for tracking housing complaints in response to a deadly November fire that killed six people. The Portland Press Herald reports the city is also getting ready to unveil a new mobile- …

Brownyard Group in New York Announces New Hire, Promotions

Brownyard Group, a Bay Shore, New York-based program administrator providing specialized insurance coverage for select industry groups, announced two promotions and the hiring of a new client service specialist. Maggie Hammarth was promoted to account manager in the underwriting department. …

Meeker Sharkey Merges With James F. Hurley Insurance Agency in N.J.

Meeker Sharkey Associates, an insurance agency in Cranford, New Jersey, and James F. Hurley Insurance Agency of Bedminster, New Jersey, have announced their merger. Terms of the transaction were not disclosed. The two agencies said that by combining their resources, …

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