East News

New Jersey Woman Struck by Telephone Pole to Receive $125M from Verizon

The family of a woman who was paralyzed when she was struck by a falling telephone pole as she waited for a bus is to receive $125 million to settle a lawsuit against Verizon. Maria Meister was commuting from Union …

DeCotis Specialty Insurance Hires Bergstrom as a Broker Based in Rhode Island

DeCotis Specialty Insurance has hired Jessica Bergstrom as a broker based in its Providence, R.I., office. Bergstrom has more than 20 years of experience as an underwriter in both standard and surplus lines markets. In her new role as a …

New York’s The IMA Group Hires Markham as Chief Strategy Officer

The IMA Group has hired Doug Markham, a healthcare and managed care industry veteran with more than 25 years of experience, as chief strategy officer. Markham has a background in healthcare, insurance, claims and managed care services. Prior to joining …

Hub Northeast Acquires Assets of New York’s The B&G Group

Hub International Limited, a global insurance brokerage, has announced that its affiliate, Hub International Northeast Limited, acquired the assets of The B&G Group Inc. Terms of the transaction were not disclosed. Located in Plainview, N.Y., The B&G Group provides commercial …

Meat Giant Sued for Worker’s Covid-19 Death in Philadelphia

The family of a beef plant worker who died because of the coronavirus has brought a wrongful death lawsuit in a Philadelphia court against JBS SA, the world’s biggest meat company. Ferdinand Benjamin filed the suit on Thursday after his …

New York Strengthens COVID-19 Safety Measures for Nursing Homes

New York state on Sunday announced new coronavirus-safety measures to better protect nursing home residents, who are highly vulnerable to the respiratory illness and account for a large share of the nearly 80,000 Americans who have died from it. The …

Michigan’s High Street Insurance Partners Acquires Three New Agencies

Traverse City, Michigan-based High Street Insurance Partners (High Street), has acquired three additional agencies — two in Michigan and one in New York. These new agency partners are: Trust Shield Insurance Group (TSIG) in Schoolcraft, Michigan; Ken Bleeker Insurance Agency …

Young Brokerage Founder Seeks to Target ‘Underserved’ High Net Worth Space

As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth accounts, he saw an …

Maine’s The MEMIC Group Releases Back-to-the-Workplace Safety Guidance

As states begin to lift restrictions on employers in various segments of the economy, MEMIC, a Portland, Maine-headquartered workers’ compensation insurance specialty company, has released an employer guide for safety procedures. The MEMIC Pandemic Recovery Safety Planning template includes forms …

New Jersey’s ProSight Global Adds Three to Its Senior Management Team

ProSight Global Inc. has added three members to its senior management team. It recently hired Chief Claims Officer Donna Biondich, Chief Investment Officer Nico Santini and Jeff Arricale, chief of staff and head of capital markets. Biondich joined ProSight in …

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