East News

New York’s 21 Club Closes to Fix Flood Damage

The tony 21 Club in midtown Manhattan has been closed for renovations following a flood. The restaurant was damaged in early January after broken pipes set off fire sprinklers which sent gallons of water gushing throughout the clubby interior. The …

Alera Group Acquires Three East Region Firms

Alera Group, a Deerfield, Ill.-based national employee benefits, property/casualty, risk management and wealth management firm, has acquired three East region firms, effective February 1, 2018. Aisling Partners Insurance Brokerage LLC, located in Worcester, Mass., is an independent employee benefits brokerage …

U.S. Safety Board Blames Two NYC-Area Commuter Crashes on Sleep Disorders

A U.S. investigative agency said on Tuesday that two New York City area commuter train crashes were the result of engineers with undiagnosed sleep disorders. The National Transportation Safety Board (NTSB) criticized the lack of safety systems in both crashes …

Pennsylvania Jury Awards $1.7M to Injured Little League Player Hit by Foul Ball

A Pennsylvania jury has awarded $1.7 million to a Little League player who was hit in the head by a foul ball in the dugout on the day before his 12th birthday. His lawyer says Zachary Hoffman sustained a traumatic …

Businessman in Vermont Ski Resort Fraud Case Agrees to Pay $81M

A Miami businessman accused of massive fraud involving foreign investors’ money in a Vermont ski area has agreed to pay back more than $81 million and give up ownership of two ski resorts, the Securities and Exchange Commission said Friday. …

Maryland Issued $466K in Insurance Fraud Fines, Penalties in 2017

For the calendar year 2017, Maryland Insurance Commissioner Al Redmer Jr. authorized civil orders and criminal charges totaling $466,261 in fines, penalties and restitution to 77 citizens charged with committing insurance fraud. “Our Insurance Fraud Division continues to investigate all …

Massachusetts’ Rogers & Gray Insurance Promotes Gaynier

Rogers & Gray Insurance, a Kingston, Mass-based independent insurance agency, has promoted John Gaynier to executive vice president and partner. Gaynier has been with the agency for five years and focuses primarily on real estate and property, hospitality, transportation and …

Maryland’s Trident Insurance Group Hires Sohn

Trident Insurance Group Inc., based in Dunkirk, Md., has hired surety professional William Sohn to its organization. With more than 25 years of experience as an underwriter in the contract surety business, Sohn will immediately begin leading Trident’s surety underwriting …

Vermont’s USA Risk Group Appoints Roseman as President and CEO

USA Risk Group (USARG), a Barre, Vt.-headquartered, independent captive management firm, has appointed Stephen Roseman as president and CEO. Roseman will lead USARG’s Operational Leadership Team (OLT) that has been in place since 2016 and be responsible for executional oversight …

Virginia Train Crash: Railroad Crossing Safety Arms Face Scrutiny

The lead investigator for the National Transportation Safety Board said it’s too early to say whether the safety arms at a rural Virginia crossing were working when a train carrying GOP members of Congress slammed into a trash truck, killing …

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