East News

Prosecutors Say New Jersey Diner Owner Paid Friend to Burn It Down

Prosecutors say a New Jersey diner owner hired his friend to burn it down last month so he could collect on an insurance claim. Thomas Giannisis, a 51-year-old Bellmawr resident who owned the Country Town Diner in Berlin, and 56-year-old …

New York’s The Iroquois Group Promotes McKay to Regional Vice President

The Iroquois Group, an Allegany, N.Y.-based service provider for independent property and casualty insurance agencies, has promoted Kevin McKay to regional vice president of its Northeast region. McKay is a Londonderry, N.H.-based, 30-year industry veteran who served as a producer …

Brown & Brown Acquires New York’s yourPFO Consulting

Brown & Brown of New York Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Purchase, N.Y.-based yourPFO Consulting LLC (yourPFO). yourPFO represents many large company clients in the design and implementation of …

New York Working to Deter Fraud, Manipulation in Virtual Currency Markets

New York Department of Financial Services (DFS) has issued guidance reminding all virtual currency entities licensed by New York State, including those that hold a money transmitter license, that they are required to implement measures designed to detect, prevent and …

Virginia Woman Gets Four Years for Fraud, Fake Death Notice

A Virginia woman has been sentenced to four years in prison for an identity fraud scheme that included publishing a fake death notice. The Daily Press reports 50-year-old Alexandra Hatcher also has to pay almost $203,000 in restitution to victims …

Maryland Man Sentenced in Felony Theft Scheme with Value of at Least $10K

Maryland Attorney General Brian E. Frosh has announced that Jamar Marlyn Jones, of Edgewood, Md., pleaded guilty and was sentenced on one count of a felony theft scheme having a value of at least $10,000 but less than $100,000. “Insurance …

Fire at Decades-Old Maryland Tavern Caused $500K in Damage

Firefighters say a blaze at a decades-old Maryland tavern in a Washington, D.C. suburb has caused damage costing roughly $500,000. Pete Piringer with Montgomery County Fire & Rescue Service tells WTTG-TV it appears the flames at Hank Dietle’s Tavern in …

Maryland Insurance Administration Recovers $11.7M in Claims Settlements in 2017

The Maryland Insurance Administration (MIA) responded to 12,188 consumer complaints and inquiries in 2017, facilitating claims settlements and refunds totaling $11,766,213 for Maryland consumers, according to a press release issued by the administration. While the Insurance Administration cannot actually settle …

Massive Pennsylvania Gas Pipeline Project to Resume; Sunoco Fined $12M

Sunoco has agreed to a $12.6 million fine over problems with a massive natural gas pipeline project, but work will resume under a consent agreement, Pennsylvania regulators said. The Department of Environmental Protection said Sunoco Pipeline has made changes since …

New York Judge Awards Graffiti Artists $6.7M After Works Destroyed

A judge awarded $6.7 million Monday to graffiti artists who sued after dozens of spray paintings were destroyed on the walls of dilapidated warehouse buildings torn down to make room for high-rise luxury residences. U.S. District Judge Frederic Block in …

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