East News

Massachusetts Official Surveys Storm Damage Along Coast

Parts of the Massachusetts coastline could face a lengthy recovery process after being pummeled by severe winter storms, the state’s top environmental official said on Feb. 27. Secretary of Energy and Environmental Affairs Matthew Beaton was joined by local state …

MetLife to Pay Government $123.5M in Mortgage Settlement

MetLife’s home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn’t meet federal requirements. The Justice Department said on Feb. 25 that MetLife knew the business was issuing hundreds …

FEMA Exec Tells ’60 Minutes’ He’s Seen Evidence of Fraudulent Reports

The head of Federal Emergency Management Agency’s (FEMA) flood insurance program acknowledged he has seen evidence of fraudulent engineering reports that may have been used to deny flood claims by Superstorm Sandy victims, according to CBS’s “60 Minutes” program that …

NYC Gets $116M Reimbursement for Sandy-Related Fixes

The federal government is sending $116 million to New York City to compensate for funds spent in a program that made flooded homes habitable after Superstorm Sandy. Sens. Charles Schumer and Kirsten Gillibrand were joined by New York City Mayor …

Insurers Targeted in Proposed N.Y. Corporate Whistleblower Protection Law

Employees who report illegal activity in insurance, banking and financial services would be protected and compensated for their trouble under new legislation proposed by New York State Attorney General Eric Schneiderman. The new bill comes as the issue is getting …

N.Y.’s Lawsky: Cybersecurity Likely Most Important Issue DFS Will Face in 2015

Cybersecurity is likely the most important issue that the New York Department of Financial Services (DFS) will face in 2015, and perhaps for many years to come after that, New York Financial Services Superintendent Benjamin Lawsky said in a speech …

New York to Be Reimbursed $32M for Ebola Readiness, Treatment

U.S. Senator Charles Schumer (D-N.Y.) says the federal government is allocating $32 million to the state of New York to cover all expenses related to Ebola readiness and treatment. Schumer says that money from the federal Department of Health and …

This Winter Season Is 1 of Snowiest on Record for Boston

With 1.9 inches of snow overnight on Tuesday, Boston has now received more than 100 inches of snow this winter. The National Weather Service reported Wednesday that the snowfall as recorded at Logan International Airport is now 101.8 inches for …

Former Northern N.J. Mayor Pleads Guilty to Insurance Fraud Charge

A former northern New Jersey mayor has admitted making false statements to police and an insurance company in a bid to cover up a hit-and-run accident. Former Roselle Mayor Garrett Smith pleaded guilty Tuesday to insurance fraud, one day before …

Rhode Island’s Risco Insurance Brokerage Hires Giuliani as Assistant VP

Risco Insurance Brokerage Inc. has hired Christina Giuliani as assistant vice president and wholesale broker for the New England Territory. She is based in Risco’s East Providence, Rhode Island, office and will also work out of the Fort Myers, Florida, …

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