East News

N.Y. Officials Target Safety on Dangerous Roadway in Nassau County

Safety upgrades are planned for a New York highway that has averaged five pedestrian deaths annually since 2005. Officials in Nassau County are targeting repainted crosswalks, increased signal time for walkers, and upgraded crossing signals. Newsday reports the changes are …

Virginia Regulators End Shenandoah Life Insurance Co.’s Receivership

A Roanoke, Va.-based insurance company is no longer in receivership. The State Corporation Commission announced Tuesday that it ended Shenandoah Life Insurance Company’s receivership because of a successful rehabilitation plan. The decision means Shenandoah Life can manage its affairs and …

Insurance Club of Pittsburgh Announces Insurance Person of the Year

Insurance Club of Pittsburgh has named Burns & Wilcox executive Kermit Shaulis as the Insurance Person of the Year. The award was presented at the group’s recent annual convention. Shaulis is a 40-year veteran of the insurance industry. He joined …

R.I.-Based Narragansett Bay Insurance Appoints VP

Narragansett Bay Insurance Company, a Pawtucket, R.I.-based homeowners insurer, appointed Miles Hunter as vice president of corporate development. In his new role, Hunter will provide decision support and analysis to the company’s executive team and investor group. Previously, he worked …

Genworth Financial Cuts About 80 Positions at Virginia Offices

Genworth Financial Inc. has cut nearly 80 positions at two Virginia operations. The move comes days after the Richmond-based company’s chairman and CEO, Michael D. Fraizer, resigned. Genworth spokesman Tom Topinka told the Richmond Times-Dispatch that the cuts were fewer …

ACE Westchester Appoints VP in New York

ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, appointed Richard Luca as vice president of management liability for its professional risk division. He is based in the greater New York City area. Luca will have national responsibility …

Two Dozen Agencies to Host Job Fairs Next Week Near Pittsburgh, Penn.

Some two dozen independent insurance agencies will host job fair events next week in the Pittsburgh, Penn., region. The agencies said they are looking to fill jobs in customer service and sales. The agencies are planning three job fair events, …

New Hampshire Bill Beefs Up Landowner Liability Protections

The New Hampshire State Senate’s Judiciary Committee is considering a bill aimed at beefing up liability protections for New Hampshire landowners who open their property to the public. The House-passed bill says any landowner, lessee or manager of property open …

Verizon Sets Up Captive Insurer in N.J.; State Now Has 4 Captives

New Jersey officials announced this week that the state approved a captive insurance company for telecommunications services giant Verizon Communications Inc. The new captive, called Exchange Indemnity Company New Jersey (EICNJ), is a subsidiary of Verizon and the first captive …

Deadly Crash in Bronx Raises Concerns About New York’s Aging Roadways

A freak parkway accident that wiped out three generations of a Bronx family late last month is being touted by some transportation advocates as more evidence that New York City’s aging highway system needs major upgrades. Seven people died, including …

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