East News

AM Best Affirms Arrow Mutual’s Ratings, Revises Outlooks Citing Claim Dispute

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Arrow Mutual Liability Insurance Co. AM Best said the credit ratings …

Workers’ Compensation Bars Doctor Who Was Shot at New York Hospital From Suing

New York’s highest court has ruled that a doctor who was injured in a shooting at the hospital where he works cannot sue his employer, finding that his injuries arose out of his employment and are thus covered by workers’ …

Maine to Spend $25 Million to Rebuild Waterfront Damaged by Winter Storms

Maine waterfrontMaine’s government will spend tens of millions of dollars to rebuild the state’s working waterfront communities after a series of devastating winter storms pummeled the state’s docks, wharves and coastal businesses. The back-to-back storms hammered the Northeast in January …

Judge Hears Atlantic City Casino Workers’ Anti-Smoking Lawsuit

A group of Atlantic City casino workers asked a judge Monday to ban smoking in the gambling halls, citing the toxic effects of working in a “poisonous” atmosphere, while the state said ending smoking could jeopardize a half-billion-dollar pot of …

CyberTrust Massachusetts Launches Cybersecurity Services for Cities and Towns

The nonprofit CyberTrust Massachusetts recently launched cyber assessment and monitoring services to help cities and towns in the state address the trend of escalating cyber attacks, ransomware, infrastructure disruption and data breaches. The launch began with a program sponsored by …

Judge Won’t Discard $38M Verdict in New Hampshire Youth Center Abuse Case

The judge who oversaw a landmark trial about New Hampshire’s youth detention center has refused to discard the $38 million verdict, saying the facility’s leadership “either knew and didn’t care or didn’t care to learn the truth” about endemic physical …

People Moves: Alliant Adds Rison; Lawley Grows Sales Team

Alliant Private Client Names Rison SVP Julie Rison has joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president, Alliant Private Client. Based in Virginia, Rison will identify and pursue opportunities within the Mid-Atlantic region. She has over …

Investigation Continues Into 4 Blackouts on Ship That Caused Baltimore Bridge Collapse

The electrical blackouts experienced by the container ship Dali before it left Baltimore’s port were “mechanically distinct from” those that resulted in the deadly collapse of the Francis Scott Key Bridge hours later, according to congressional testimony Wednesday. “Two were …

King Insurance Acquires Marcus Agency in Connecticut

Florida-based King Insurance Partners announced it has acquired Marcus Insurance, an independent agency based in Wethersfield, Connecticut. The terms were not disclosed. Founded in 1941, Marcus Insurance is a family-run agency with Mitch Marcus as president, and Zach Marcus as …

St. John’s Names Lloyd’s Exec Watkins to Head Greenberg Risk Management School

New York’s St. John’s University announced the appointment of Henry “Hank” Watkins Jr., regional director and president of the Americas at Lloyd’s, as executive director and associate dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial …

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