East News

Virginia Governor to Name Ex-Administration Official as Top Regulator

Virginia Governor Ralph Northam said Wednesday he will appoint an attorney and former member of his administration to a soon-to-be vacant spot on the powerful State Corporation Commission. Northam said he plans to name Angela Navarro to the post in …

Transit Worker Can Be Compensated, Cannot Sue Employer for Assault Injuries

A District of Columbia appeals court held that a Washington Metropolitan Area Transit Authority (WMATA) worker cannot sue his employer after requesting compensation under the Virginia Workers’ Compensation Act for an assault he suffered on the job. A district court …

World Insurance Associates Acquires Virginia’s Tucker Insurance Service

World Insurance Associates LLC (WIA) has acquired Tucker Insurance Service Inc. of Falls Church, Va., on November 1, 2020. Terms of the transaction were not disclosed. Tucker was established in 1961. It is a full-service insurance agency committed to providing …

Arthur J. Gallagher & Co. Acquires North Star Insurance Services, North Star Marine

Arthur J. Gallagher & Co. has acquired Seattle-based North Star Insurance Services LLC and Fairhaven, Mass.-based North Star Marine Insurance Services LLC. Terms of the transaction were not disclosed. Founded in 2001, North Star Insurance Services is a full-service marine …

Car-Sharing Firm Turo Plans Partial Return to New York After 7-Year Insurance Dispute

Car-sharing startup Turo Inc. is returning to New York, seven years after leaving the state that was once its biggest market over a dispute with regulators about insurance rules. Turo, which allows vehicle owners to put their personal cars up …

Philadelphia Hunger Group Loses Nearly $1M in Cyberattack

The Philadelphia region’s largest hunger-relief group has lost nearly $1 million in a cyberattack. Thieves infiltrated the group’s computer systems in the spring through a phishing scam, Philabundance chief executive Loree Jones told The Philadelphia Inquirer. Jones said they managed …

NFP Hires Franznick to P&C Division as Senior Vice President

NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has hired Jonathan Franznick to its P&C division as a senior vice president. In this role, Franznick will lead claims advocacy for NFP’s …

Capco Acquires Connecticut-Based Insurance Consultancy Firm NEOS

Capco, a global management and technology consultancy, has acquired NEOS LLC, a Hartford, Conn.-based consultancy focused on helping insurance organizations drive transformational change. The transaction will complement and extend Capco’s insurance services. NEOS’s leadership team, including Founder and Managing Partner …

Pennsylvania Governor Strikes Down Bill That Would Have Limited COVID-19 Lawsuits

Pennsylvania Governor Tom Wolf has vetoed a bill that would have expanded liability protection against COVID-19-related lawsuits for various businesses and entities in the state as they continue to grapple with coronavirus restrictions. House Bill 1737 was initially introduced by …

Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S.

Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your hats!” the National Weather Service in Boston tweeted as gusts exceeding 50 mph and heavy rainfall bore down on a …

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