East News

Dispute Over Insurance Management Heads to Hearing in New Hampshire

A long-running dispute over how a nonprofit organization manages health insurance for 80,000 state workers and retirees in New Hampshire communities is finally up for a hearing. The Local Government Center, which provides services and programs for local governments, also …

New England Officials Testify at Storm Hearing

Spurred by major storms that had left millions of New Englanders without power last year, a Senate committee is questioning what can be done at the federal level to better prepare for and respond to natural disasters. New Hampshire Sen. …

Aon Risk Solutions Appoints Senior VP in Washington, D.C., Office

Aon Risk Solutions, the global risk management business of Aon plc, recently hired industry veteran Kathy Jacobson as senior vice president for the Washington, D.C., office.Jacobson will provide errors and omissions expertise while managing and developing new business opportunities in …

Coverage for Paranormal Activity? It Depends on the Specifics

One of the biggest stories in Toms River, N.J., in recent weeks involved an alleged haunted house in the neighborhood. According to local reports, Michele Callan and her fiance Josue Chinchilla had moved into a home in Toms River in …

Best Downgrades Interstate Auto’s Ratings to ‘C+’; Outlook Negative

A.M. Best Co. has downgraded the financial strength rating to ‘C+’ (Marginal) from ‘C++’ (Marginal) and issuer credit rating to “b-” from “b” of Baltimore-based Interstate Auto Insurance Company, Inc., and has assigned a negative outlook to both ratings. The …

The McGowan Cos. Purchases Md.-Based Allied Insurance Brokers

The McGowan Companies (McGowan), based in Fairview Park, Ohio, purchased the assets of Allied Insurance Brokers Inc. (Allied). Allied, which is headquartered in Marriottsville, Md., will begin operating under the “McGowan Program Administrators” brand, effective immediately. Founded in 1996, Allied …

58 Massachusetts Workers Were Killed on Job in 2011: Report

A new report says 58 Massachusetts workers were killed on the job in 2011, at an average of 1.1 worker death each week. The report, titled “Dying for Work in Massachusetts,” was published last week by the Massachusetts AFL-CIO and …

Former N.Y. Agents Sentenced to Jail for Swindling Elderly Clients

New York regulators said two former insurance agents who pled guilty to swindling $400,000 from elderly clients by fraudulently changing beneficiary information on annuity contracts have been sentenced to jail time and restitution. Had investigators not stopped the scheme, the …

N.J. Gov. Christie Undecided on Health Insurance Bill

New Jersey Gov. Chris Christie says he wants the state to spend as little as possible implementing new federal health insurance requirements until the U.S. Supreme Court decides whether President Barack Obama’s plan is constitutional. Speaking in Springfield last Thursday, …

Insurance Company Balks at Claims in Fatal Conn. Fire

An insurance company said it should not have to pay claims or lawsuits stemming from a Christmas morning fire that killed five people because a contractor renovating the house misrepresented the type and scope of work his company performs. Utica …

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