Insurance Journal » East News http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Mon, 27 Apr 2015 01:18:27 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.2 Connecticut Governor Creates Climate Change Panel http://www.insurancejournal.com/news/east/2015/04/24/365536.htm Fri, 24 Apr 2015 05:21:55 +0000 http://www.insurancejournal.com/?p=365536 Connecticut Gov. Dannel P. Malloy is creating a new council to make sure the state of Connecticut meets its goals to reduce greenhouse gas emissions by 2050. Marking Earth Day on April 22, Malloy said Connecticut has already reduced emissions …

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Pennsylvania Returns $66.8M in Restitution Payments to Consumers in Q1 http://www.insurancejournal.com/news/east/2015/04/24/365533.htm Fri, 24 Apr 2015 04:47:45 +0000 http://www.insurancejournal.com/?p=365533 Pennsylvania’s Acting Insurance Commissioner Teresa Miller announced Thursday that nearly 5,000 Pennsylvania consumers received $66.8 million in restitution payments or credits through the restoration of stolen funds, the payment of denied or underpaid claims, and the refunding of overcharged premiums …

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N.Y. Sen. Schumer: Ease Dairy Insurance Rules Amid Drop in Milk Prices http://www.insurancejournal.com/news/east/2015/04/24/365535.htm Fri, 24 Apr 2015 04:31:53 +0000 http://www.insurancejournal.com/?p=365535 U.S. Sen. Charles Schumer, D-N.Y., says dairy farmers in New York state and across the country need help contending with falling milk prices. The Democrat says Wednesday that he wants the U.S. Department of Agriculture to change the rules on …

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N.Y. Troopers Issue 17,447 Tickets During ‘Operation Hang Up’ http://www.insurancejournal.com/news/east/2015/04/24/365539.htm Fri, 24 Apr 2015 04:26:10 +0000 http://www.insurancejournal.com/?p=365539 New York State Police say they issued 17,447 tickets during their five-day “Operation Hang Up” distracted driving crackdown. From April 10 through April 15, troopers were on the lookout for drivers using cell phones, not properly buckled up, violating the …

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Thomson to Serve as Connecticut Insurance Department’s Deputy Commissioner http://www.insurancejournal.com/news/east/2015/04/24/365534.htm Fri, 24 Apr 2015 04:22:46 +0000 http://www.insurancejournal.com/?p=365534 Connecticut Insurance Commissioner Katharine L. Wade announced Thursday that she has appointed John Thomson, director of the Connecticut Insurance Department’s Captive Insurance Regulation Division, as the Department’s deputy commissioner, effective immediately. Thomson joined the Department in 2012 to develop a …

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Schinnerer Taps AIG’s Kletzli to Lead Management Liability Practice in Maryland http://www.insurancejournal.com/news/east/2015/04/23/365371.htm Thu, 23 Apr 2015 15:18:15 +0000 http://www.insurancejournal.com/?p=365371 Specialty underwriting manager Victor O. Schinnerer & Company hired Matthew Kletzli as senior vice president and Management Liability Practice leader. Kletzli will be based in the firm’s Chevy Chase, Maryland, headquarters and report to Chief Underwriting Officer John Wallace. In …

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Maine’s MEMIC Group Announces Senior Promotions http://www.insurancejournal.com/news/east/2015/04/23/365373.htm Thu, 23 Apr 2015 05:13:17 +0000 http://www.insurancejournal.com/?p=365373 The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, announced the following senior promotions. Gregory Jamison has been promoted to senior vice president of underwriting. A 29-year veteran of the insurance industry, Jamison joined MEMIC in 2002 as …

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Virginia’s Fairfax County Settles Police Shooting Lawsuit for $3M http://www.insurancejournal.com/news/east/2015/04/23/365365.htm Thu, 23 Apr 2015 04:41:46 +0000 http://www.insurancejournal.com/?p=365365 Virginia’s Fairfax County agreed Tuesday to pay nearly $3 million to settle a wrongful death lawsuit after one of its police officers shot and killed a man in the doorway of his home two years ago. Officer Adam Torres fatally …

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Vermont Lawmakers Weigh Roadside Spit Test to Detect Drugged Driving http://www.insurancejournal.com/news/east/2015/04/23/365368.htm Thu, 23 Apr 2015 04:28:46 +0000 http://www.insurancejournal.com/?p=365368 Vermont is one of a growing number of states looking at following Colorado and Washington’s lead by legalizing marijuana, but there’s a problem. How can police identify those too stoned to drive? The Vermont House Transportation Committee is considering a …

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New York Holds Line on Volunteer Firefighters After Declines http://www.insurancejournal.com/news/east/2015/04/22/365300.htm Wed, 22 Apr 2015 14:56:43 +0000 http://www.insurancejournal.com/?p=365300 More new firefighters are volunteering in New York state after years of declining membership, though companies are still seeking recruits to meet more calls. Fire companies statewide attracted 12,665 new volunteers in 2011 and 2012 amid aggressive recruiting efforts, according …

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Plymouth Rock Survey: 1 in 3 N.J. Drivers Report Having Texted While Driving http://www.insurancejournal.com/news/east/2015/04/22/365285.htm Wed, 22 Apr 2015 14:44:26 +0000 http://www.insurancejournal.com/?p=365285 An annual study released this week by Plymouth Rock Assurance shows that 33 percent of New Jersey motorists surveyed admit to having read/texted messages while driving in the past. Plymouth Rock says that’s the highest percentage recorded since the company …

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2 N.J. Towns Get Federal Grants for Buyouts of Flood-Prone Homes http://www.insurancejournal.com/news/east/2015/04/22/365278.htm Wed, 22 Apr 2015 13:34:33 +0000 http://www.insurancejournal.com/?p=365278 Two New Jersey towns will share $7.5 million in federal grants to fund the acquisition and demolition of homes in flood-prone areas. Woodbridge will receive more than $3.8 million to buy and demolish 98 homes and Manville will receive $3.7 …

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Greenberg Wants State’s High Court to Nix New York AG’s Fraud Case http://www.insurancejournal.com/news/east/2015/04/22/365276.htm Wed, 22 Apr 2015 13:27:41 +0000 http://www.insurancejournal.com/?p=365276 In a last-ditch effort to avoid trial, former American International Group Inc Chairman Maurice “Hank” Greenberg is seeking permission to ask New York’s highest court to throw out the accounting fraud case against him. Greenberg, who turns 90 next month, …

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Paragon Insurance Hires Roppelt to Lead Construction Division in Connecticut http://www.insurancejournal.com/news/east/2015/04/21/365208.htm Tue, 21 Apr 2015 18:56:27 +0000 http://www.insurancejournal.com/?p=365208 Paragon Insurance Holdings LLC., a managing general agency based in Avon, Connecticut, hired Randy Roppelt as president of the Construction Division. Prior to joining Paragon Insurance, Roppelt was president and chief underwriting officer for Coventry Risk Specialty, a managing general …

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Mental Health Funding Cuts Stir Outcry in Connecticut http://www.insurancejournal.com/news/east/2015/04/21/365209.htm Tue, 21 Apr 2015 16:57:53 +0000 http://www.insurancejournal.com/?p=365209 Connecticut Gov. Dannel P. Malloy’s proposal to cut money from a state grant program to community mental health and substance abuse providers is prompting an outcry from advocates and families of Newtown massacre victims in Connecticut, who warn patients will …

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AssuredPartners Completes Acquisition of Platinum Planning in New Jersey http://www.insurancejournal.com/news/east/2015/04/20/365115.htm Tue, 21 Apr 2015 00:44:28 +0000 http://www.insurancejournal.com/?p=365115 AssuredPartners Inc. announced last week that it has completed the acquisition of Platinum Planning (doing business as Walsh Benefits). Terms of the transaction were not disclosed. Walsh Benefits operates in the New Jersey cities of Fair Haven and Cranford under …

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New York State Police Launch Safety Campaign Aimed at Teen Drivers http://www.insurancejournal.com/news/east/2015/04/20/365110.htm Mon, 20 Apr 2015 18:43:32 +0000 http://www.insurancejournal.com/?p=365110 New York State Police are launching a traffic safety campaign aimed at minimizing crashes involving teen drivers. “The Empty Chair” driving safety campaign starts Monday and runs through Friday. The empty chair symbolizes the missing high school senior on graduation …

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EEOC Alleges Maryland Insurance Administration Violated Equal Pay Act http://www.insurancejournal.com/news/east/2015/04/20/365103.htm Mon, 20 Apr 2015 18:37:05 +0000 http://www.insurancejournal.com/?p=365103 The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against the Maryland Insurance Administration (MIA), alleging that Maryland’s insurance regulatory agency paid its women investigators and enforcement officers lower wages compared to their male counterparts for performing substantially …

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New Jersey Grapples With How, Whether to Regulate Uber, Lyft http://www.insurancejournal.com/news/east/2015/04/20/365074.htm Mon, 20 Apr 2015 16:47:30 +0000 http://www.insurancejournal.com/?p=365074 Ride-hailing companies like Uber and Lyft could be driven out of New Jersey if a bill lawmakers are considering becomes law. That’s at least what the transportation network companies faced with potential new regulations say. Lawmakers, unionized taxicab drivers and …

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Conn. Official: Anthem Customers Reporting Spike in Fraudulent Tax Returns http://www.insurancejournal.com/news/east/2015/04/20/365077.htm Mon, 20 Apr 2015 16:20:13 +0000 http://www.insurancejournal.com/?p=365077 The Connecticut attorney general’s office says Anthem Inc. customers are increasingly reporting fraudulent tax returns being filed using their names and other personal information. But spokesman Robert Blanchard said that because of the number and variety of recent data breaches, …

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MTM Insurance Acquires Minichiello Insurance in Massachusetts http://www.insurancejournal.com/news/east/2015/04/17/364872.htm Fri, 17 Apr 2015 20:01:18 +0000 http://www.insurancejournal.com/?p=364872 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 …

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Vermont Mutual Names Bridge as President to Succeed Catto http://www.insurancejournal.com/news/east/2015/04/17/364871.htm Fri, 17 Apr 2015 19:38:21 +0000 http://www.insurancejournal.com/?p=364871 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. Catto will …

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Brethren Mutual Insurance Hires Walthall as Virginia Territory Manager http://www.insurancejournal.com/news/east/2015/04/16/364769.htm Thu, 16 Apr 2015 22:14:41 +0000 http://www.insurancejournal.com/?p=364769 The Brethren Mutual Insurance Company in Hagerstown, Maryland, hired Jamey Walthall as Virginia territory manager. Walthall brings over 15 years of insurance experience in property/casualty marketing and sales with Nationwide, Travelers Insurance Company, and Maine Mutual Group. As Brethren Mutual’s …

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Rideshare Service Bill Hailed by Maryland Lawmakers http://www.insurancejournal.com/news/east/2015/04/16/364762.htm Thu, 16 Apr 2015 21:50:34 +0000 http://www.insurancejournal.com/?p=364762 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. …

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N.J. Consumers to Receive 1-Page Summary of Their Homeowners Coverage http://www.insurancejournal.com/news/east/2015/04/16/364755.htm Thu, 16 Apr 2015 21:20:18 +0000 http://www.insurancejournal.com/?p=364755 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 …

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Mass. AG: Agency to Pay $3.5M for Inflating Premiums With Hidden Fees http://www.insurancejournal.com/news/east/2015/04/16/364743.htm Thu, 16 Apr 2015 19:24:34 +0000 http://www.insurancejournal.com/?p=364743 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 …

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Philadelphia Insurance Companies Announces 4 Promotions http://www.insurancejournal.com/news/east/2015/04/16/364716.htm Thu, 16 Apr 2015 18:37:36 +0000 http://www.insurancejournal.com/?p=364716 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 …

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EPIC Hires Woodhull as Principal in Connecticut http://www.insurancejournal.com/news/east/2015/04/15/364545.htm Thu, 16 Apr 2015 00:37:40 +0000 http://www.insurancejournal.com/?p=364545 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. Woodhull will be part of the EPIC Risk Solutions team based in Stamford, Connecticut. …

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Wade Confirmed as Connecticut’s Insurance Commissioner http://www.insurancejournal.com/news/east/2015/04/15/364542.htm Thu, 16 Apr 2015 00:25:04 +0000 http://www.insurancejournal.com/?p=364542 The Connecticut state Senate on Tuesday officially confirmed Katharine L. Wade as Connecticut’s new insurance commissioner. Wade was nominated by Connecticut Governor Dannel P. Malloy on March 20 to serve as commissioner of the Connecticut Insurance Department. Wade succeeds Thomas …

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Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting http://www.insurancejournal.com/news/east/2015/04/15/364525.htm Wed, 15 Apr 2015 22:53:40 +0000 http://www.insurancejournal.com/?p=364525 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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