East News

Cross Insurance Acquires Maine’s Sargent, Tyler & West

Maine’s Cross Insurance reported it has acquired another leading Maine insurance agency, Sargent, Tyler & West in Bangor, and its Bucksport branch office, Roland Grindle Insurance Agency. Sargent, Tyler & West has been in business for nearly 200 years. Michael …

Maine’s Clark Insurance Adds 4 Employees

Maine’s Clark Insurance has added four employees in its Portland office. Nicholas Jobin of Westbook has been hired as an associate Aacount manager in the Business Insurance Services Department. Jobin is a graduate of St. Joseph’s College of Maine. Dana …

Pennsylvania Jury Clears NASCAR, Pocono Raceway in Lightning Death

A jury has ruled that a Pennsylvania racetrack didn’t cause harm to a man killed by lightning minutes after an August 2012 NASCAR race was stopped. The Pocono Record reported that the jury ruled in favor of Pocono Raceway and …

Town Rejects $11 Million Settlement Offer from Sandy Hook Parents

The town of Newtown, Connecticut has rejected an offer from two Sandy Hook parents to settle a lawsuit over the 2012 school shooting that claimed the lives of 26 students and faculty. The Hartford Courant reported that a deadline passed …

Massachusetts Lawmakers Negotiating Ridesharing Bill Compromise

Massachusetts House and Senate negotiators are set to begin hammering out a final version of a bill aimed at regulating ride-hailing services like Uber and Lyft. A six-member conference committee was scheduled to begin negotiations this week. The bills would …

Ironshore Expands High Net Worth Coverage to Homeowners in Connecticut

Ironshore Private Client Group has expanded its Ironshore Private Insurance Portfolio product to high net worth homeowners in Connecticut.  Ironshore Private Insurance Portfolio coverage is available in four states on an admitted basis, including Pennsylvania, New Jersey and Georgia.   …

Integro Names Ro as New York Operations Leader

International broker and risk management firm Integro Insurance Brokers today announced the appointment of Esther Ro as New York operations leader. She succeeds Anne Anderson, who has taken on the role of North America Client Stewardship leader. Ro joined Integro …

States to Sue VW Over Diesel Scandal

New York and Maryland are among several states planning to sue Volkswagen AG over the environmental damage done by devices that were designed by the carmaker to cheat on pollution-control tests. Maryland Attorney General Brian Frosh said Monday in a …

Massachusetts Lowers Employer Assessment for Workers’ Compensation

The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.6 percent of the policy premium for the new fiscal year, down from 5.75 percent during the last …

Berkshire Hathaway Purchasing New York Medical Liability Insurer

Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price. The deal comes as the insurer completes its conversation from a mutual company to a stock insurer. The insurer is …

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