East News

Cross Insurance of Maine Hires Hersey

Cross Insurance, a Bangor, Maine, headquartered insurance agency, has hired Christopher S. Hersey as vice president and treasurer of its parent company, Cross Financial Corp.. In his new role, Hersey will be responsible for expanding the company’s brand and managing …

New York’s VALE Insurance Adds DeRose to Transactional Team

VALE Insurance Partners, a New York based managing general agency focused on writing specialty property/casualty insurance, has hired Lidore Alexandra DeRose as vice president and underwriter. In her new role, DeRose will join VALE’s transactional risk team and focus on …

Independent Insurance Agents of New York Promotes MacConnell

Independent Insurance Agents & Brokers of New York Inc., an insurance producer trade organization based in Syracuse, N.Y., has promoted Julie MacConnell from director of marketing and communications to assistant vice president of marketing and communications. In her new role, …

Fire Destroys Delaware Diner, Pharmacy

Authorities are investigating the cause of a fire that destroyed a diner and a pharmacy in Milton, Dela. Milton police said officers responded to the fire after observing heavy smoke coming from the structure that contained the Milton Diner and …

32 People, 3 Corporations Charged in Pennsylvania Auto Theft, Insurance Fraud Ring

Prosecutors in Philadelphia, Penn., say they’ve charged 32 people and three corporations for their participation in what’s being described as a theft and insurance fraud ring that stole and resold 45 vehicles. District Attorney Seth Williams announced the charges, accusing …

Delaware Passes Ridesharing Regulations

Delaware Governor Jack Markell has signed legislation that establishes insurance requirements for transportation network companies and their drivers, according to the Property Casualty Insurers Association of America (PCI). Senate Bill 262 aims to protect the public by establishing a solid …

Wells Media Group Names Blosfield Insurance Journal East Editor

Wells Media Group Inc. recently hired Elizabeth Blosfield as editor for Insurance Journal’s East region. Blosfield has a background in financial reporting, previously serving as a New York-based energy and commodities reporter for Incisive Media’s online brand, Risk.net, and its …

GEICO Set to Expand Western New York Operations, Add 600 Jobs

GEICO is planning to expand its regional operations office in Western N.Y. in a move that it expects will bring more than 600 new jobs to the region, the company announced. The firm is set to open an additional facility …

A.M. Best Revises Outlook to Negative for New York-Based Lancer Insurance

A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co.. The move comes as Lancer Insurance’s underwriting performance declined in the past several years, particularly in 2015. This can primarily …

Maine Natural Gas Company to Pay $307K for Safety Violations

Summit Natural Gas of Maine has agreed to pay the state a $307,000 fine for safety violations, including a potentially catastrophic gas leak in Augusta, Maine. The state Public Utilities Commission said the violations stem from construction work performed by …

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