East News

Massachusetts Septic Hauler to Pay Fine to Settle Illegal Dumping Lawsuit

A Massachusetts septic hauling company has agreed to pay up to $500,000 to settle allegations that it dumped waste into a local town’s sewer system to avoid paying disposal fees. State Attorney General Maura Healey said Friday that as part …

World Insurance Associates Acquires Virginia’s Danaher-Skewes & Associates

World Insurance Associates LLC (WIA) acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on November 1, 2020. Terms of the transaction were not disclosed. Established in 1963, Danaher-Skewes is an independent insurance agency, serving residents and businesses in Alexandria, Va., …

Alera Group Names Parker as VP of Employee Benefits Technology & Services

Alera Group, a Deerfield, Ill.-based insurance and financial services firm, has named Brian Parker as vice president of Employee Benefits Technology & Services, effective November 1, 2020. He will be based out of Philadelphia, Penn. In this role, Parker will …

Obsidian Specialty Insurance Company Receives A- Rating from AM Best

AM Best has assigned the recently-formed excess and surplus (E&S) lines insurer, Obsidian Specialty Insurance Company, a financial strength rating of A- (Excellent). Obsidian Specialty is a program fronting carrier serving managing general agents, managing general underwriters and program managers. …

Cross Insurance Hires Moriarity as Chief Information Officer Based in Maine

Cross Insurance, a subsidiary of Cross Financial Corp. and an independent insurance provider in New England, has hired Timothy Moriarity as chief information officer (CIO). He will be based in Bangor, Maine. In this new role, Moriarity is responsible for …

World Insurance Associates Acquires New Jersey’s Fairways Insurance

World Insurance Associates LLC (WIA) has acquired Fairways Insurance Inc. of Cinnaminson, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Fairways is a full-service insurance agency serving clients throughout New Jersey, Pennsylvania and Delaware. WIA is …

Apartment Builders Settle Claims of Illegal Asbestos Work in Massachusetts

The builders of an apartment complex have agreed to pay $335,000 to settle allegations that workers improperly handled asbestos-containing material during the redevelopment of a former manufacturing site in Lawrence, Massachusetts Attorney General Maura Healey said Tuesday. The agreements settle …

Ex-Federal Worker Pleads Guilty to Disability Benefits Fraud

A former Federal Air Marshal employee pleaded guilty Tuesday to fraudulently collecting nearly a quarter of a million dollars in government disability benefits while owning and operating a martial arts business in Rhode Island, U.S. Attorney for Rhode Island Aaron …

Reiss Appointed President of International Bond & Marine Brokerage

James Reiss has been appointed as president of International Bond & Marine Brokerage Ltd. (IB&M), a brokerage providing risk management solutions to the international trade industry. The brokerage was recently acquired by Intact Insurance Specialty Solutions, a brand of Intact …

World Insurance Associates Acquires New Jersey’s Collier O’Neill & Associates

World Insurance Associates LLC (WIA) has acquired Brian S. O’Neill & Associates Inc., d/b/a Collier O’Neill & Associates., of Trenton, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Collier O’Neill is a full-service insurance agency serving …

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