East News

People Moves: Risk Strategies Adds deRosa, Massi; Frederick Mutual Promotes Price, White; MEMIC HIres 3 Underwriters

Risk Strategies Adds to Private Client Services Team Boston-based specialty insurance brokerage Risk Strategies announced two hires in its Private Client Services practice. Tim deRosa has joined as chief operating officer, Private Client Services, and Eric Massi as senior vice …

New Jersey to Begin Sales of Recreational Cannabis on April 21

Recreational marijuana sales in New Jersey for those 21 and older will begin April 21, Gov. Phil Murphy said. “This is a historic step in our work to create a new cannabis industry,” said Murphy, who made the announcement via …

Maryland Authorizes Remote Rather Than On-Site Reviews of MGAs

Insurance companies can conduct remote rather than on-site reviews of their managing general agents in Maryland beginning in October. Gov. Larry Hogan has signed legislation recommended by the state’s insurance regulator and passed by lawmakers. The law repeals the requirement …

Container Ship Stuck for a Month in Chesapeake Bay Finally Refloated

A container ship the length of more than three football fields has finally been pried from the muddy bottom of the Chesapeake Bay more than a month after it ran aground. After two unsuccessful attempts to dislodge it, and the …

Jury Convicts Massachusetts Agency Owner Quinn of Stealing Disability Benefits

The owner and operator of an Arlington, Massachusetts-based insurance agency has been convicted by a federal jury in Boston of fraudulently receiving government disability benefits. Patrick Quinn, an ex-Marine who said he was disabled due to several service-related physical injuries …

Lawsuit Challenges Reinstatement of Philadelphia’s Mask Mandate

Several businesses and residents have filed suit in state court in Pennsylvania seeking to overturn Philadelphia’s renewed indoor mask mandate scheduled to be enforced beginning Monday in an effort to halt a surge in COVID-19 infections. The lawsuit, filed in …

ATV Is Not a Farm Vehicle Covered Under Homeowner’s Policy, Virginia Court Rules

The Virginia Supreme Court has ruled that an all-terrain vehicle (ATV) is not a “farm type vehicle” covered by a homeowner’s insurance policy, reversing a lower court that ruled in favor of coverage. The lower court ruled for the injured …

Maine Lawmakers Advance Bill Granting Tribes Sovereignty

The Maine House voted Thursday to give the state’s tribes the same rights enjoyed by Native Americans elsewhere across the country, a first step in an effort to uphold the tribes’ sovereignty. The 81-55 tally marked the first legislative vote …

Relation Insurance Grows in East, Acquiring Ex-Nationwide Agency in Connecticut

California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based Yerkes-Stephens Insurance. Yerkes-Stephens was previously part of Nationwide Mutual Insurance Co.’s exclusive distribution network. Terms of the transaction were not disclosed. Yerkes-Stephens provides personal and …

People Moves: SAN Group Welcomes Fornari; Alliant Hires Aon’s Hiller in Pennsylvania

SAN Group Names Fornari as Regional Vice President for Massachusetts Satellite Agency Network (SAN) Group, the alliance of independent insurance agencies in the Northeast, welcomed its recent hire Andrew Fornari, who has joined as regional vice president for Massachusetts. In …

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