East News

PMA Insurance Group Names Burke VP

The PMA Insurance Group announced that John Burke has been promoted to vice president, Eastern and Central Region Claims. He is primarily responsible for leading the day-to-day operations for all insurance claims-related activities in the New York, Pennsylvania, New Jersey, …

Conn. Gov. Rowland, Former Insurance Agent, Resigns from Office Amid Impeachment Inquiry

John Rowland, a member of a prominent Connecticut insurance and political family and himself a former insurance agent, resigned last evening as governor of Connecticut rather than testify before a legislative panel investigating his possible impeachment. Following the state Supreme …

N.Y. Assembly Prepares to Close Today with Budget, Fair Plan, Other Insurance Issues Unresolved

The Legislature in Albany is scheduled to adjourn today and barring last-minute action will do so without passing a state budget and without addressing a slew of insurance and other key issues. Political observers, newspaper editorialists and even elected leaders …

N.Y. Court Upholds Denial of Sept. 11 WC Claim

A financial analyst who worked near the World Trade Center is not entitled to workers’ compensation benefits for post traumatic stress disorder because he voluntarily lingered near ground zero to watch the chaos on Sept. 11, 2001, a New York …

State’s Largest Auto Writer, Commerce, Questions Legality of Reforms of Mass. High Risk Pool

The biggest writer of auto coverage in Massachusetts has raised possible legal problems with a plan to change the state’s high risk pool, just as the plan is being submitted for approval to Commissioner Julianne Bowler, who effectively ordered the …

Banknorth to Buy Drake, Swan & Crocker in Mass.

Portland, Me.-based Banknorth Group has signed a letter of intent to acquire Drake, Swan & Crocker Insurance Agency, Inc. of Orleans, Mass. The company expects to finalize the acquisition by July 1. Drake, Swan & Crocker (DS&C) serves more than …

Bikers’ Complaint Over Mass. Rates Nixed

Motorcycle drivers upset with the way insurance rates are set in Massachusetts lost a court bid to force the state to reconsider the fairness of its rating system. The Supreme Judicial Court dismissed the complaint by the Motorcycle Association of …

Veto of Vt. UIM Bill Upheld

Vermont House members, gathered for a brief reunion a bit less than a month after they thought they had finished for the year, voted to sustain Gov. James Douglas’ veto of a bill relating to car insurance and went home. …

R.I. Senate Backs Regional Health Plan

The Rhode Island Senate has approved legislation introduced by Sen. James C. Sheehan (D-Dist. 36) of Narragansett and North Kingstown to integrate Rhode Island’s insurance rules and regulations with those of Massachusetts in an effort to combine both states into …

Md. Doctors, Insurers Work on Med-Mal Fund

Maryland doctors, insurers and lawmakers are working to contain the skyrocketing cost of medical malpractice insurance, which medical professionals say is driving some doctors out of business and leaving residents without access to health care. Gov. Robert Ehrlich said he …

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