East News

5 Killed in Pennsylvania When RV Blows Tire, Crashes into Tractor-Trailer

A recreational vehicle blew a tire on an interstate highway in Pennsylvania, crossed the median and collided head-on with a tractor- trailer, killing four people in the RV and the truck driver, authorities said. The crash occurred around 8:50 p.m. …

Zurich American Off the Hook on Harvard’s Legal Costs in Affirmative Action Case

Even the smartest institutions in the land can miss deadlines – and can lose $15 million in insurance coverage because of it, a federal appeals court decided Wednesday. The U.S. 1st Circuit Court of Appeals upheld a lower court ruling …

Judge Tosses Lawsuits Filed Over NYC’s Strict Rules on Short-Term Rentals

A New York judge on Tuesday dismissed lawsuits filed by Airbnb and three hosts over New York City`s rules for short-term rentals, saying the restrictions are “entirely rational.” In a 14-page ruling, Supreme Court Judge Arlene P. Bluth said having …

Verisk Beats Expectations with Q2 Earnings

Verisk Analytics Inc. (VRSK) on Wednesday reported second-quarter earnings of $196.9 million. The Jersey City, New Jersey-based company said it had profit of $1.35 per share. Earnings, adjusted for one-time gains and costs, were $1.51 per share. The results beat …

NFP Buys Hafetz & Associates in New Jersey

NFP, a property-casualty insurance broker, benefits consultant and retirement advisor, has acquired Hafetz & Associates, based in Linwood, New Jersey. Hafetz is a general agent specializing in health benefits, work disability and other services for businesses, according to a news …

Delaware’s Navarro Warns Producers Not to Blame DOI for Higher Premiums

The Delaware Department of Insurance is not forcing insurers to raise premiums, and anyone who says otherwise could lose their license and face fines of $10,000, the department warned in a bulletin this week. “The department continues to regularly receive …

New Hampshire Insurers, Agencies Must Report When Producers Are Fired

The New Hampshire Insurance Department is reminding insurance companies and agencies that they must notify the department when terminating producers for cause. “In the interest of ensuring compliance and upholding the integrity of our insurance system, we urge all insurers …

Powerful Storm System Kills Two, Leaves 1M Without Power in South, East Coast

At least two people died, thousands of U.S. flights were canceled or delayed, and more than 1.1 million homes and businesses lost power Monday as severe storms, including hail and lightning, moved through the eastern U.S. The National Weather Service …

Four New Offshore Wind Power Projects Planned for New Jersey Shore

Wind power developers proposed four new projects off the New Jersey Shore on Friday, a surge that would more than double the number of wind farms built off its coast if they are approved by regulators. At least two of …

Connecticut, Other States’ Lawmakers Have a Lot of Questions About AI

As state lawmakers rush to get a handle on fast-evolving artificial intelligence technology, they`re often focusing first on their own state governments before imposing restrictions on the private sector. Legislators are seeking ways to protect constituents from discrimination and other …

East News Archives by Month