News: Financial Digest

Andrews joins Eastern Insurance as senior V.P.

According to Eastern Insurance Group, LLC, Carla Andrews has joined the agency as a senior vice president, specializing in risk management and insurance solutions for real estate and construction organizations as well as businesses with complex risks. With more than 22 years of property and casualty risk management and insurance experience, Andrews came to Eastern Insurance from Albert Risk Management Consultants where she spent the majority of her career and most recently held the position of managing consultant. A graduate of Mount Holyoke College, she is a Licensed Insurance Advisor and holds the Chartered Property Casualty Underwriter designation. She is also a current member of the CPCU Society, the Risk and Insurance Management Society, the International Council of Shopping Centers, and an active participant of the National Association of Industrial & Office Properties.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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