East News

USI Acquires Program Business From Askin, Weber & Reed in N.J.

USI Insurance Services in Valhalla, New York, announced its acquisition of an insurance program business from Askin, Weber & Reed (AWR) in Freehold, New Jersey. Terms of the transaction, which has been completed, were not disclosed. AWR has been involved …

Sandy Hook Victims’ Families Blame Bushmaster in Lawsuit for Shooting

The maker of the military assault rifle used to kill dozens at a Connecticut elementary school was sued almost exactly two years later by the families of 20 first-grade students who died in the mass shooting. The Bushmaster Firearms International …

New York Judge Dismisses Lawsuit Challenging Red-Light Cameras

New York City won dismissal of a lawsuit challenging its red-light cameras, the first in the U.S., the day before New Jersey is scheduled to shut down its program. Drivers fined for running traffic lights sued the city in December …

Arthur J. Gallagher Acquires O’Gorman & Young in New Jersey

Arthur J. Gallagher & Co. announced the acquisition of O’Gorman & Young Inc., headquartered in Chatham, New Jersey, including its affiliate G.R. Murray Insurance, in Princeton, New Jersey. Terms of the transaction were not disclosed. Founded in 1894, O’Gorman & …

Study: Heart Attacks Rose in New Jersey in Sandy’s Wake

Rutgers University researchers in New Jersey say there was a spike in heart attacks and strokes in the New Jersey counties hardest hit by Superstorm Sandy. Robert Wood Johnson Medical School compared heart attacks and strokes and the deaths they …

Federal Judge Rejects Bid to Delay Morgan Lawsuit

Tracy Morgan has won the latest round in his effort to sue Wal-Mart and others over a fatal crash in New Jersey. A federal judge on Dec. 12 refused to delay the lawsuit. The ruling came on a motion by …

N.H. Liquor Commission Ramps Up Efforts to Prevent Drunken Driving

The New Hampshire Liquor Commission is ramping up efforts to prevent drunken driving during the holiday season by increasing undercover monitoring of establishments serving alcohol and partnering with the state police to increase patrols. A $25,000 grant from the National …

SBA Loans Impacting Grant Money for Sandy Victims

When Superstorm Sandy left Denise Erickson’s home with a collapsed foundation, a loan from the Small Business Administration looked like the best deal in town. She got more than $150,000 from the SBA to help fix her family’s Bellmore home …

N.J. Assembly Panel Advances Bill Regulating Ridesharing Firms

Companies that allow drivers to use personal vehicles to transport riders in New Jersey would have to get a state permit and meet safety requirements under state legislation that’s been advanced by a New Jersey Assembly panel. The New Jersey …

IICF Northeast Announces $1.2M in Grants to Local Nonprofits

The Insurance Industry Charitable Foundation (IICF) announced $1.2 million in grants to 16 local and regional nonprofits at its 8th Annual Northeast Benefit dinner Wednesday in New York. The event was attended by 900 insurance industry professionals and was headlined …

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