East News

N.Y. Bill to Standardize Hurricane Deductible Triggers Advances in Assembly

A proposed New York State bill to establish standards for hurricane windstorm deductible triggers is advancing in the state Assembly. The bill, A.2729, was reported out of the Assembly’s insurance committee Tuesday. The bill is sponsored by state Assemblyman Harvey …

N.Y. Metro-North Employee Paralyzed in Train Derailment Files $100M Suit

A Metro-North employee paralyzed in the deadly train derailment in the Bronx has filed a $100 million lawsuit against the railroad. Samuel Rivera’s lawyer told the Daily News that his client has extraordinary medical needs as a result of his …

Captain’s Error Led to 2013 NYC Ferry Crash, Investigators Say

A captain’s error, compounded by confusing controls and lax safety regulations, led to the January 2013 ferry crash that injured 80 people in Lower Manhattan, federal investigators said Tuesday. National Transportation Safety Board investigators said the ferry’s captain, Jason Reimer, …

Mass. Health Insurer Cuts Narcotic Prescriptions to Combat Abuse

The largest health insurer in Massachusetts has cut prescriptions of narcotic painkillers by an estimated 6.6 million pills in 18 months as part of a campaign to curb abuse. The decline in prescribed opiates including Percocet and Vicodin followed the …

Cross Insurance Acquires Troy, Pires & Allen Insurance in Rhode Island

Cross Insurance, a subsidiary of Cross Financial Corp. in Bangor, Maine, announced its acquisition of Troy, Pires & Allen Insurance, a 78-year-old insurance agency based in East Providence, R.I. Terms of the transaction were not disclosed. Troy, Pires & Allen …

N.J. Gov. Asks FEMA to Give Sandy Victims More Time to File Flood Claims

New Jersey Gov. Chris Christie’s administration is urging the Federal Emergency Management Agency (FEMA) to give the state’s residents and businesses who suffered flood damages from Superstorm Sandy an additional six-month extension to file a complete flood insurance claim, or …

USI Insurance Taps Lockton Exec as Strategic Consultant in New York

USI Insurance Services has appointed Pauline Sobelman as strategic consultant for its New York metropolitan office. For the past five years, Sobelman served as vice president, senior consultant at Lockton Companies, managing benefit strategies for complex large- and middle-market employers. …

New York Subpoenas 4 Insurers in Iran Sanctions Probe

New York state’s top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday. The Department of Financial Services sent …

Report: Federal Inspectors Found 7,100 Metro-North Defects Over Last Decade

A Connecticut newspaper reports that federal inspectors found more than 7,100 defects and deficiencies in the Metro-North Railroad over the last decade, but records show regulators launched an investigation only after two high-profile accidents last year. In an open records …

Amica Mutual Offers Outdoor Spring Cleanup Tips for Homeowners

A long, cold winter has finally given way to spring, and it’s time to start cleaning up the yard and making other household repairs. Amica Mutual Insurance Company in Lincoln, R.I., reminds homeowners to consider six key areas during outdoor …

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