East News

Boston Olympics Bid Committee Says Insurance Will Minimize Risk to Taxpayers

Leaders of Boston’s bid for the 2024 Summer Olympics released details Thursday about insurance proposals they say will provide unprecedented coverage for Massachusetts taxpayers. The Boston 2024 bid committee released a document that described at least eight types of insurance …

Connecticut’s New DUI Ignition Lock Law Targets First-Time Offenders

On March 9, 2012 Benjamin DeMond, a Norwich, Connecticut, firefighter, died at 33 from an accident caused by a drunken driver. Authorities said 50-year-old Willis Goodale of Groton, Connecticut, was trying to cut across Interstate 395 in Montville to use …

NYC, Uber Reach Deal: No Cap on Company During 4-Month Study

Uber cars can continue to be a growing presence on the streets of New York City now that an agreement has been reached between the ride-hailing company and the city. Just before a City Council vote that could have capped …

Most Maine Crimes Drop in 2014 Even as Drug Arrests Grow

The Maine Department of Public Safety says crime dropped nearly 15 percent last year, the largest drop in the four decades that the state has kept detailed records. Commissioner John Morris said Wednesday every crime category tabulated by the state’s …

Universal Property & Casualty Approved as Licensed Insurance Entity in Va.

Universal Insurance Holdings Inc. in Fort Lauderdale, Florida, announced on July 21 that its wholly-owned subsidiary Universal Property & Casualty Insurance Company (UPCIC) received a certificate of authority from the Virginia State Corporation Commission approving UPCIC as a licensed insurance …

Conn. Court Overturns $35M Verdict in Hartford’s Auto-Repair Labor Rate Case

The Connecticut Supreme Court on July 13 unanimously overturned nearly $35 million in damages against the Hartford Fire Insurance Company. In its 18-page decision, the Supreme Court said the lower court had incorrectly concluded that the Hartford Fire violated the …

XL Catlin Hires Bull as Client Distribution Leader for Northeast Region

XL Catlin hired Kevin Bull as Northeast region client distribution leader for its Distribution & Network team in New York. He will report to June Dwyer, senior vice president, Northeast regional leader. In his new role, Bull will work with …

Maryland Issues Clarification on Commission Sharing for Producers

The Maryland Insurance Administration (MIA) recently issued a bulletin explaining that, in exchange for a referral of an insurance applicant, an insurer or its appointed producer may provide a referral fee, commission split, or other valuable considerations to a licensed …

New York Grants Provisional Charter for Museum on Climate Change

The plan for a museum in New York City that would focus on climate and climate change, with exhibits that could relate to health, social justice and rain-delayed baseball games, moved a step forward Monday, officials said. The state Board …

AssuredPartners Acquires Founders Insurance Group in Connecticut

AssuredPartners Inc. announced today its acquisition of Founders Insurance Group, an independent agency with locations in Torrington and Lakeville, Connecticut. Terms of the transaction were not disclosed. Founders Insurance Group has been providing commercial property and casualty, group health and …

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