Monthly Archives: <span>September 2018</span>

$2M Settlement for Injured Pedestrian in Hawaii

Officials in Honolulu, Hawaii have agreed to a $2 million settlement to a woman who was hit by a car while crossing a street in 2014. The Honolulu Star-Advertiser reported the city approved the payment last month to Mariah Tinay, …

Hiscox Names Wong Regional Executive for Northwest

Rick Wong, based in San Francisco, Calif. has been named regional executive for Hiscox’ Northwest area. Wong is one of Hiscox three recent appointments to the Hiscox U.S. field and underwriting management teams, which are dedicated to providing commercial insurance …

LP Insurance in Nevada Adds Marine Insurance Specialist Galgiani

Reno, Nev.-based LP Insurance Services Inc. has added Barbara Galgiani. Galgiani, who has been in marine insurance for more than 20 years, will continue to focus on both recreational and commercial marine risk and coverage. Galgiani most recently led a …

California Lawmakers OK Bill to Help PG&E Pay for Wildfire Costs

California lawmakers passed legislation to help utility giant PG&E Corp. pay for billions of dollars in potential liabilities from wildfires that ravaged Northern California wine country last year. The state Assembly and Senate approved a wide-ranging plan Friday that includes …

Vermont Electric Co-Op Gets $1.7M for Storm Damage Repair

The Vermont Electric Co-Operative is getting a federal grant to help repair 54 transformers and nearly 2,900 miles of transmission and line poles damaged by a severe storm and flooding last October. The $1.7 million grant from the Federal Emergency …

Former Postal Worker Charged in N.Y. for Falsely Obtaining $160K in Disability Benefits

A former motor vehicle operator for the United States Postal Service (USPS) has been charged with making false statements to obtain federal employees’ compensation, according to a complaint unsealed in federal court in Brooklyn, N.Y. Joseph Penatello was arrested and …

Marsh & McLennan Agency Hires Perlman in Virginia

Marsh & McLennan Agency (MMA) has hired Denise Perlman as executive vice president of Business Insurance and National Partnerships. Perlman is based in Richmond, Va., and reports to MMA President Bill Jeatran. In this role, Perlman will lead MMA’s national …

Selective Insurance Company of America Promotes Cunniff, Bradley

Selective Insurance Company of America, a subsidiary of Branchville, N.J.-headquartered Selective Insurance Group Inc., has appointed Christopher Cunniff to senior vice president of actuarial reserving and Ryan Bradley to vice president of contact center operations. Cunniff joined Selective in July …

Prudential Joins Direct-to-Consumer Movement

Prudential is going straight to consumers with its insurance and investment products for the first time in its 143-year history, a move that follows rivals and startups which are already well established in the field. The direct-to-consumer service marks a …

Enstar to Acquire Maiden Reinsurance North America

An Enstar Group subsidiary has agreed to acquire Maiden Reinsurance North America from a subsidiary of Maiden Holdings. The net consideration payable in the transactions is $307.5 million, subject to certain closing adjustments. Enstar will assume approximately $1.3 billion of …