East News

Activist Investment Firm Targets Safety Insurance, Seeks Directors, Share Buyback

Activist investment firm Ides Capital Management has nominated two directors to the board of Safety Insurance Group and wants the company to buy back shares, cut costs and improve financial disclosure, according to a letter seen by Reuters. New York-based …

Crews Keep New Jersey Chemical Plant Fire From Spreading

A dramatic fire near a chemical plant burned through the night and into Saturday in northern New Jersey but led to no evacuation orders or serious injuries — just heavy smoke that was seen and smelled in nearby New York …

Maryland Confirms Ransomware Attack Disrupted Agency Reporting COVID-19 Data

The disruption of Maryland’s reporting of COVID-19 data last month was caused by a ransomware attack, state officials said Wednesday. Chip Stewart, the state’s chief information security officer, said the state has not paid extortion demands for the attack, which …

Environment Groups, Waste Management Firm Settle Lawsuit Over New Hampshire Landfill

Two environmental groups have settled a federal lawsuit with a waste management company over allegations the company’s landfill in New Hampshire leaked toxic chemicals into a nearby river. Under the settlement reached this week, Casella Waste Systems and its subsidiary, …

Survivors of Deadly Bronx Fire File Suit, Alleging Landlords Knew of Safety Problems

Survivors of a Bronx apartment building fire that killed 17 people last week have already filed a lawsuit, charging that the landlords knew of defective and unsafe conditions in high-rise building. Rosa Reyes and Felix Martinez allege in the class-action …

Christmas Tree Fire Caused Philadelphia Blaze That Killed 12 Relatives, Say Officials

A Christmas tree fire caused the blaze that killed 12 relatives in a Philadelphia rowhome duplex, investigators confirmed Tuesday as they identified victims and announced preliminary findings, but stopped short of officially saying a 5-year-old boy playing with a lighter …

Investigators at Scene of Suburban Philadelphia Medical Helicopter Crash

Federal investigators pored over the wreckage of a medical helicopter a day after it crash-landed without loss of life next to a church in a residential area of suburban Philadelphia, somehow avoiding a web of power lines and buildings. Brian …

New Era Begins in Jersey without Comp-Friendly Sweeney in Senate

For the first time in over a decade, New Jersey’s state Senate is beginning a new session this week without Senate President Steve Sweeney, the ironworker and union executive who’s shepherded major laws through the Legislature including a phased in …

Connecticut Approves 14.1% Workers’ Compensation Pure Premium Reduction

The Connecticut Insurance Department has approved a filing with decreases of 14.1% to workers’ compensation pure premium lost costs, and an 8.2% reduction in assigned risk rates. The decreases, effective January 1, 2022, pave the way for insurance companies to …

Maryland 90-Day Legislative Agenda Includes Climate, Infrastructure, Taxes

Maryland lawmakers are convening Wednesday for their 90-day legislative session. They will spend much of the session working on how to manage a huge, $4.6 billion budget surplus. That’s because of unexpectedly large revenues resulting from the help of federal …

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