East News

Massachusetts’ SecureRisk Insurance Agency Joins Satellite Agency Network Group

SecureRisk Insurance Agency has recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. The Burlington, Mass., agency will specialize in small business and offer personal insurance such as home, auto, flood, business, …

Beazley Hires Underwriting Team to Build Product Recall Insurance Offering

Specialist insurer Beazley is introducing a new product recall insurance policy for private enterprises in the U.S., with a planned launch in the second quarter of 2020. The company has appointed a new underwriting team specifically to support the offering. …

Inside Connecticut’s ‘Ground War’ Against Coronavirus at Nursing Homes

On Main Street in Bridgeport, Connecticut, across the road from a hospital grappling with the coronavirus crisis, a nondescript brick building is playing a key role in the state’s plan to free up acute-care beds and protect its ailing nursing …

Three More Lawsuits Filed Against Virginia Tech in Hazing Case

Three Virginia Tech students are suing the university in federal court over how it handled allegations that they were involved in hazing. The lawsuits were filed last week by former Corps of Cadets members who say they were denied due …

Auto Insurers Will Return Approximately $32M in Premiums to N.H. Consumers

At least 23 companies selling auto insurance in New Hampshire are returning premium to their policyholders, New Hampshire Insurance Commissioner Chris Nicolopoulos announced. These companies represent more than 90% of the written auto insurance premium in the state. The premium …

Worldwide Facilities Hires Caplan as an Assistant Vice President in New York

Worldwide Facilities, a national wholesale insurance broker, managing general agent and program underwriter, has hired Frank Caplan as an assistant vice president in the New York office. Frank has nearly 20 years of experience in the insurance industry, specializing in …

World Insurance Associates Acquires Connecticut’s Martin & Rowland Insurance

World Insurance Associates LLC (WIA) has acquired Martin & Rowland Insurance Inc. of Prospect, Conn., on April 1, 2020. Terms of the transaction were not disclosed. Established in 1845, Martin & Rowland Insurance Inc. is a full-service, independent insurance agency. …

Parents of UConn Student Settle Wrongful Death Lawsuit for $1M

The parents of a University of Connecticut student who was run over and killed by a campus fire department truck in 2016 have settled a wrongful death lawsuit against the state and other defendants for about $1 million, according to …

The Concord Group Announces Plan to Return $2.4M to Policyholders During Pandemic

The Concord Group Insurance Companies has announced a plan to deliver $2,400,000 in return premium and expand several underwriting guidelines and coverage limits to its more than 150,000 policyholders throughout the four New England states in which the company does …

Pennsylvania Outlines Temporary Licensure Process for Insurers During COVID-19

The Pennsylvania Insurance Department has submitted a notice to all state insurance companies and agencies outlining the process for issuing temporary licenses for Pennsylvania resident insurance producers during the COVID-19 pandemic. “The COVID-19 pandemic is impacting the operations of businesses …

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