East News

Audit Planned of Troubled Vermont Health Connect

The Vermont state auditor’s office will be doing an audit of the actions taken to fix the state’s troubled online health insurance marketplace. Auditor Doug Hoffer sent a letter to state officials last week. The state announced earlier this month …

Lockton Appoints Keith to Lead Philadelphia Operation

Privately-held insurance broker Lockton appointed Chris Keith as president of its Philadelphia operation. Keith will lead the broker’s Philadelphia team, focusing on business development and strategic client service for their property/casualty insurance and employee benefits clients.

MAPFRE Enters Life Insurance Market in Massachusetts

MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier. MAPFRE said it is seeking to leverage its dominant position in the …

Virginia Looks for Ways to Reduce Animal-Vehicle Accidents

A Virginia study aimed at reducing collisions between vehicles and animals is targeting a section of Interstate 64 near Waynesboro. Lead researcher Bridget Donaldson tells the Richmond Times-Dispatch that 30 percent of the accidents on the 18 mile-section are collisions …

N.Y.’s Long Island Areas to Get $16M in Flood-Buffer Funding

Several areas on Long Island in New York State will get about $16 million in federal funding to buy storm-damaged properties and turn them into flood buffers. Newsday says the funding includes $9.9 million for Amagansett, and $5.6 million for …

Conn. Regulators Recovered $1.8M for Policyholders, Taxpayers in Q2

Connecticut Insurance Commissioner Thomas B. Leonardi announced Monday that the Connecticut Insurance Department recovered nearly $1.8 million for policyholders and taxpayers in the second quarter of 2014. “The advent of the Affordable Care Act resulted in more people having health …

Delaware Workers’ Compensation Oversight Panel Begins Work

A Delaware panel established to oversee efforts to keep the state’s workers compensation rates affordable is getting down to work. Delaware’s Workers Compensation Oversight Panel is charged with creating a new medical fee schedule that would result in a 33 …

Connecticut Prosecutor: No Criminal Charges in Irene Aid Fraud

Connecticut prosecutors say they won’t pursue criminal charges against state employees and others who fraudulently obtained emergency food stamp benefits designated for people affected by Tropical Storm Irene in 2011. Deputy Chief State’s Attorney Leonard Boyle told the New Haven …

Vermont Enticing Disaster Preparedness With Money

Vermont is preparing to implement new rules that encourage communities to take steps to reduce future flood damage in exchange for more money to help them recover from the next big flood. Communities across Vermont have known for almost two …

R.I. Lowers Assessment Rate for Workers’ Comp Insurers to 6.65%

The Rhode Island Department of Labor and Training (DLT) announced last week that it has cut the administrative assessment rate charged to insurance companies providing workers’ comp coverage in Rhode Island. For fiscal year 2015, DLT has reduced the rate …

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