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Nearly Seven Years After Storm, New Life for Sandy Damages Claim in New Jersey

A claim for damages from Superstorm Sandy that has been rejected several times by the state of New Jersey got another chance from a divided state Supreme Court on Monday. In a 4-3 ruling, the high court said an arbitrator …

Arthur J. Gallagher Acquires Fullerton Health Corporate Services in Australia

Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett Services Inc., has acquired Fullerton Health Corporate Services from Fullerton Health Australia, which is part of Singapore-based Fullerton Healthcare Group. Terms of the transaction were not …

Chubb Promotes Ortega to President, Overseas, as Andrade Moves to Top Everest Role

Chubb Ltd. has appointed Juan Luis Ortega as executive vice president, Chubb Group, and president, Overseas General Insurance. He succeeds Juan Andrade, who is leaving Chubb to take the role of president and chief executive officer of Everest Re. Everest …

Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project

Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were received from across the world for the third cohort of the Lloyd’s Lab. The 11 teams were selected as part …

Selective Insurance Announces Officer Appointments

Selective Insurance Company of America, a subsidiary of Selective Insurance Group Inc., has announced the following officer appointments. Shelly Gallagher has been named vice president of Personal Lines Operations. Gallagher joined Selective in 2002 as an associate financial analyst. Valerie …

The Hilb Group Acquires Massachusetts’ Handy-Apple Valley

The Hilb Group LLC (THG) has acquired Massachusetts-based Handy-Apple Valley LLC (HAV). The transaction became effective July 1, 2019. Located in Worcester, Mass., HAV provides personal and commercial insurance. As a part of the transaction, HAV will join THG’s New …

Pennsylvania’s Arthur Hall Insurance Announces Retirement, Promotion

Arthur Hall Insurance, a West Chester, Penn.-headquartered insurance agency, has announced that Chuck Panetski retired in June 2019 after a 50-year career in the insurance industry. For the past 21 years, Panetski has served as a senior account manager based …

Pennsylvania Fire Chief Faults Utility in Shopping Center Blaze

A western Pennsylvania fire chief is faulting a utility company’s response to a shopping center fire near Pittsburgh that destroyed several businesses and injured a number of firefighters. Chief Bill Jeffcoats of the Penn Hills fire department said Peoples Natural …

Specialist Broker SSL Endeavour to Launch Cyprus & Greece Subsidiary

Specialist independent Lloyd’s broker SSL Endeavour Ltd. announced it is planning to launch a wholly owned subsidiary, SSL Endeavour Insurance Brokers Ltd. Cyprus & Greece, pending regulatory approval. Headquartered in Cyprus with a branch office in Athens, SSL Endeavour Cyprus …

Hiscox Re & ILS Promotes Dolphin to Director of Underwriting, Lee to COO

Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS. Andrew Dolphin has been appointed director of Underwriting – London, replacing Megan McConnell who is relocating to Manhattan to take on the role of chief underwriting officer …