East News

Land Unstable After Landslide Blocks River, Causes Emergency in Maine City

A state of emergency remained in effect Thursday in the city of Westbrook, Maine, where workers have been assessing landslides that blocked the Presumpscot River. Westbrook Fire Chief Andrew Turcotte said Thursday that the immediate threat of flooding subsided, but …

Connecticut Insurance Department Names Liu as Director of Captive Insurance Division

Connecticut Insurance Department Commissioner Andrew N. Mais has named Fenhua Liu as the new director of the department’s Captive Insurance Division. Liu has more than 25 years of global experience in insurance and risk management that will serve the department …

Arthur J. Gallagher & Co. Acquires The Merriam Agency

Arthur J. Gallagher & Co. has acquired Charles W. Merriam & Son Inc., d/b/a The Merriam Agency. Terms of the transaction were not disclosed. Founded in 1895, The Merriam Agency is a full-service insurance agency with offices in upstate New …

New York Charges Johnson & Johnson with Insurance Fraud Over Opioid Claims

New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the charges by New York’s Department of Financial …

KMRD Partners Hires Chaples as Sales, Relationship Manager in Pennsylvania

KMRD Partners has hired Greg Chaples to its team as a sales and relationship manager in its Warrington, Penn., office. KMRD Partners is a risk management and human capital consulting and insurance brokerage firm with offices located throughout Pennsylvania. Prior …

High Street Insurance Partners Adds Two Partner Agencies to Portfolio

Lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co. Inc. and Millennium Alliance Group LLC (MAG). Both agencies will support High Street’s strategic goals by expanding …

Rental Car Company to Pay $80K in Penalties, Implement Reforms Over Fraud Allegations

A discount car rental company operating out of Newark and JFK Airports has agreed to pay $80,000 in penalties, enter binding arbitration to resolve consumer complaints and change its policies and practices following New Jersey Attorney General Gurbir S. Grewal …

Alliant Insurance Services Hires Parker as Senior Vice President in New York

Alliant is continuing to grow its team in New York, recently adding Brennen Parker as senior vice president. Parker, who is based in Albany, N.Y., will design and deploy insurance solutions to address industry-specific risks for a growing base of …

Three Injured in Public Transit Bus Crash in Delaware

Three people were hurt when a public transit bus broke through a fence and a retaining wall, then landed in a parking lot after crashing into at least two other vehicles. The News Journal reports that a DART bus crashed …

Alliant Insurance Services Hires Cyber Risk Specialist Loftus in New York

Alliant Insurance Services has named cyber risk and insurance specialist John Loftus to work alongside Robert Horn in running Alliant’s cyber initiatives. Loftus is based in New York and maintains a network of insurance recovery attorneys, incident response experts, chief …

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