East News

MTM Insurance Acquires Minichiello Insurance in Massachusetts

MTM Insurance Associates, an independent insurance agency based in North Andover, Massachusetts, announced its acquisition of Minichiello Insurance Agency, an independent agency in Bradford, Massachusetts. Terms of the transaction were not disclosed. Following the transaction, Minichiello Insurance Agency will operate …

Vermont Mutual Names Bridge as President to Succeed Catto

Vermont Mutual Insurance Group announced that its Board of Directors has elected Executive Vice President Daniel C. Bridge as president of the Group. Bridge succeeds President and CEO William A. Catto who will retire on June 30, 2015.

Brethren Mutual Insurance Hires Walthall as Virginia Territory Manager

The Brethren Mutual Insurance Company in Hagerstown, Maryland, hired Jamey Walthall as Virginia territory manager.

Rideshare Service Bill Hailed by Maryland Lawmakers

An eleventh-hour bill in Maryland addressing the regulation of rideshare companies like Uber and Lyft is being hailed by stakeholders on both sides of the meter. In the waning hours of the Maryland legislative session on April 13, Baltimore Sen. …

N.J. Consumers to Receive 1-Page Summary of Their Homeowners Coverage

The New Jersey Department of Banking and Insurance announced that starting in June, New Jersey consumers buying or renewing homeowners, condominium, renters, mobile home, or dwelling fire insurance policies will receive a one-page summary of their policy that clearly explains …

Mass. AG: Agency to Pay $3.5M for Inflating Premiums With Hidden Fees

Authorities announced that a former retail insurance agent with Peabody, Massachusetts-based Kilgore Insurance Agency, along with the agency’s owners, have been ordered to pay more than $3.5 million in restitution and interest for overcharging clients, mostly small business owners, by …

Philadelphia Insurance Companies Announces 4 Promotions

Philadelphia Insurance Companies, a Bala Cynwyd, Pennsylvania-based commercial property/casualty and professional liability insurance company for niche markets, promoted Laura Boylan to vice president of Human Resources. The company is also promoting George Shalick to vice president and Julie Perkins and …

EPIC Hires Woodhull as Principal in Connecticut

EPIC (Edgewood Partners Insurance Center), a retail property/casualty insurance brokerage and employee benefits consulting firm based in San Francisco, hired Timothy C. Woodhull as a principal.

Wade Confirmed as Connecticut’s Insurance Commissioner

The Connecticut state Senate on Tuesday officially confirmed Katharine L. Wade as Connecticut’s new insurance commissioner.

Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting

Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the company’s claims and underwriting processes. The FAA approval allows …

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