September 5, 2018
State emergency officials are working with local authorities to help with recovery from flash flooding in south-central Pennsylvania that led to water rescues and evacuations and prompted two counties to issue disaster declarations, Governor Tom Wolf said. “…Pennsylvania experienced significant …
September 5, 2018
FBinsure has acquired the Jose S. Castelo Insurance Agency, an independent agency located in New Bedford, Dartmouth, and Fall River, Mass. Established in 1981 by current President Jose S. Castelo, the agency provides personal and business insurance to nearly 5,000 …
September 5, 2018
Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of F&I Resources, a Westborough, Mass.-based company specializing in helping automotive dealers form and manage reinsurance companies and drive performance …
September 4, 2018
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 …
September 4, 2018
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 …
September 4, 2018
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 …
September 4, 2018
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 …
September 3, 2018
France’s AXA Group moved a step closer to closing on its acquisition of XL Group as Nw York insurance regulators have given their approval of the deal. New York’s Department of Financial Services (DFS) on Friday announced it had approved …
August 31, 2018
A Delaware teen is accused of starting a fire at a Family Dollar store that caused an estimated $3 million in damages. Harry Miller with the State Fire Marshal’s Office tells news outlets that the 16-year-old boy was charged Wednesday …
August 31, 2018
Federal prosecutors say a Maryland restaurant owner was under pressure, facing an impending divorce and financial ruin. His solution, they say, was to burn down his restaurant for insurance money, and implicate his soon-to-be ex-wife as a terrorist. The Capital …