East News

World Insurance Associates Acquires New York’s Paul Global Benefits

World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the transaction were not disclosed. PGB is an employee benefits consulting firm specializing in health/welfare and retirement services in …

Proposed Virginia Bill Making Localities Responsible for Protest Damage Stalls

A Virginia General Assembly bill is likely dead for the session that would have held localities accountable for damages caused by protesters if an adequate police response was not provided. Del. Mark Cole, R-Fredericksburg, said he proposed House Bill 5026 …

CMIC Group Rebrands as Integris Group, Reorganizes as Mutual Holding Company

CMIC Group has rebranded as Integris Group and reorganized into a mutual insurance holding company, after having received approval by the Connecticut Insurance Department on September 17, 2020, as well as from the CMIC Group board and its membership. In …

Worldwide Facilities Acquires New Jersey’s Hunt Jorgensen

Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen LLC is headquartered in Maywood, …

New Jersey Man Sentenced to One Year in Prison for Role in Insurance Fraud Scheme

A New Jersey man has been sentenced to 12 months and one day in prison for his role in an automobile accident scheme supporting fraudulent insurance claims. Luis G. Aguirre, of Hudson County, N.J., was sentenced for his role in …

Boston Insurance Brokerage Promotes Treen to VP of Finance and Administration

Boston Insurance Brokerage LLC (BIB) has promoted Casie Treen to vice president of Finance and Administration. Treen has been a member of the BIB team since 2011. She joined BIB as an intern while pursuing a degree in finance at …

Pennsylvania-Based MedRisk Hires Lisenbey as President

MedRisk, a King of Prussia, Penn.-based managed care organization dedicated to the physical rehabilitation of injured workers., hired Danielle Lisenbey as president, effective November 2. In this role, Lisenbey will oversee the company’s day-to-day operations and new business initiatives as …

Narragansett Bay Insurance Expands into Delaware, Maryland

Narragansett Bay Insurance Company (NBIC) began writing property and casualty insurance in Delaware and Maryland, effective Oct. 1, 2020. The two states mark the seventh and eighth states where the company provides homeowners insurance. NBIC already provides homeowners insurance in …

Massachusetts Natural Gas Company to Provide $10M in Grants to Nonprofits

The charitable arm of the gas company blamed for a series of natural gas explosions and fires in Massachusetts two years ago said it will provide $10 million to support nonprofits in the three communities affected by the disaster. The …

Vermont Department of Economic Development Hires Nevins

The Vermont Department of Economic Development (DED) has hired Brittany Nevins as the new Captive Insurance Economic Development director. She replaces Ian Davis, Vermont’s former director of Financial Services. Nevins will be responsible for the marketing and business development of …

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