East News

Vermont Mutual Promotes McDonnell to Executive VP, COO

Vermont Mutual Insurance Group has promoted Mark J. McDonnell to executive vice president and chief operating officer of the Group.

Virginia Sets Up Fund to Cope With Sea-Level Rise

Virginia has set up a new revolving loan fund designed to help property owners prepare for rising sea levels. But the Virginian-Pilot reports that the fund has no funds and may not have any money for several years. Still, Virginia …

Delaware Fines Insurers $83K for Market Misconduct

The Delaware Insurance Commissioner Karen Weldin Stewart has fined insurance companies a total of $83,300 during the first quarter of 2016 for violating state insurance regulations. Fines generally result from a market conduct examination of a company’s practices performed by …

Connecticut Gov. Signs Order Strengthening State Building Code

Connecticut Gov. Dannel Malloy announced that, as Connecticut faces more frequent and severe weather events as a result of global warming, he is directing state agencies to develop new building code standards that will better protect residential and commercial structures …

NCCI Sees Stable Trends in New England

The National Council on Compensation Insurance says it is seeing generally stable trends in Connecticut, Maine, New Hampshire, Rhode Island and Vermont ā€” five New England states where NCCI serves as a licensed rating and statistical organization. “Overall, the NCCI …

Beecher Carlson Hires Miller as Managing Director in NYC

Beecher Carlson Insurance Services, a specialized large account risk management broker and a wholly-owned subsidiary of Brown & Brown Inc., has hired Megan Miller as managing director.

New York Urges Tighter Rules, More Insurance for Oil Trains

New York state’s comptroller urged federal authorities Tuesday to strengthen safety measures against oil spills and require trains to carry sufficient insurance to cover cleanup costs from major accidents. Comptroller Thomas DiNapoli is administrator of New York’s $40 million Oil …

UJA-Federation of New York to Honor Casserley, Dangelo, Hershman

UJA-Federation of New York, a philanthropic organization, announced three honorees to be recogznied at this year’s General Insurance Annual Dinner. The event will be held on May 31 at Grand Hyatt New York in Manhattan. This year’s honorees are Dominic …

Kingstone Hires AIG Exec Delaney as Senior VP in New York

Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that David Delaney has joined the senior management team at its subsidiary Kingstone Insurance Company as senior vice president of Business Development. Delaney brings over …

Conn. Court: Law Doesn’t Bar Suits Against Cigarette Manufacturers

Cigarette manufacturers aren’t immune to lawsuits by smokers who get sick, Connecticut’s highest court ruled Monday in a decision that bolsters the case of a smoker who was stricken with laryngeal cancer and won a $28 million judgment against R.J. …

East News Archives by Month