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Posts by Hometown Insurance

People Moves: Kelly, Cochrane and Gagne Join King Insurance; Alliant Adds Wimsatt

By Hometown Insurance | June 25, 2024
Florida-based King Insurance Partners hired new team members at its Manchester, New Hampshire location. Kathy Kelley, commercial lines manager, has been in the insurance industry for over 25 years in the Manchester area, previously serving as partner at Richard E …
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People Moves: Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance; Howden’s Aviation Announces 4 Senior Hires

By Hometown Insurance | June 25, 2024
This edition of International People Moves details appointments at Sompo International and Howden Broking. A summary of these new hires follows here. Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance Sompo, the Bermuda-based provider of commercial and …
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NTSB Proposes Major Safety Changes After 2023 Ohio Train Derailment

By Hometown Insurance | June 25, 2024
The National Transportation Safety Board opened a meeting Tuesday to determine the probable cause of a February 2023 Norfolk Southern NSC.N train derailment in East Palestine, Ohio and is making sweeping recommendations to boost rail safety. The derailment forced residents …
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Officials Investigate Southwest Jet That Flew Low Over Oklahoma City Suburbs

By Hometown Insurance | June 25, 2024
DALLAS (AP) — Federal officials are investigating a Southwest Airlines jet that triggered a low-altitude alert as it prepared to land in Oklahoma City but was still nine miles from the airport. The Federal Aviation Administration said Thursday that an …
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Velocity Risk Partners with LSU to Develop Gulf Coast Hurricane Model

By Hometown Insurance | June 25, 2024
Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model. The model uses daily data to predict US hurricane seasonal activity, representing a significant advancement in …
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Uber Picks Once-Rival Aurora to Launch Driverless Truck Offering in Texas

By Hometown Insurance | June 25, 2024
Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals …
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SE People Moves: Floyd Named IIAG President; CRC Adds Two to Tampa Team

By Hometown Insurance | June 25, 2024
Jimbo Floyd, head of Turner Wood and Smith Insurance in Gainesville, Georgia, has been sworn in as president of the Independent Insurance Agents of Georgia. Floyd has previously served as IIAG’s chairman of the board, vice president, secretary-treasurer and chair …
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BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers

By Hometown Insurance | June 25, 2024
A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime group has demanded an extortion …
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Zurich Insurance Adding 600 People in India Following Kotak Deal

By Hometown Insurance | June 25, 2024
Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank Ltd.’s general insurance unit. The Swiss firm is pursuing …
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US Judge Skeptical of Biden Overtime Pay Rule

By Hometown Insurance | June 25, 2024
A federal judge in Texas on Monday seemed likely to stop a Biden administration rule that would extend mandatory overtime pay to 4 million U.S. workers from taking effect, but was unsure whether he could block it nationwide or only …
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