Posts by Hometown Insurance
HHS Says UnitedHealth Can Notify Patients of Data Breach
U.S. healthcare providers can ask UnitedHealth Group to notify people whose data was exposed during a hack on the company’s Change Healthcare unit in February, according to an update on the health department’s website. The news comes as a relief …
Read More Former Florida Fire Captain Charged with Padding Living Expenses on Citizens Claim
A retired south Florida fire captain has been arrested for insurance fraud, charged with vastly overstating the number of nights he was forced to stay in a resort hotel while his home was under repair. Florida’s chief financial officer said …
Read More Hiscox Appoints Plymouth Rock’s Boyd to US CEO
Hiscox appointed Mary Boyd CEO of its U.S. business unit to replace Kevin Kerridge, who is stepping down after 30 years in the business. Boyd, who will join specialist insurer Hiscox on June 24, was CEO of Plymouth Rock Assurance’s …
Read More People Moves: Ames & Gough Adds Risk Strategies’ McGrath and Markel’s Stanchina
Virginia-based specialty insurance broker Ames & Gough has appointed Kevin McGrath as a client executive and vice president focusing on design firm clients. Based in Boston, McGrath began his career in insurance in 2014, serving as claims manager with Beazley …
Read More Elon Musk Withdraws Lawsuit Against OpenAI
Billionaire entrepreneur Elon Musk on Tuesday moved to dismiss his lawsuit accusing ChatGPT maker OpenAI and its CEO Sam Altman of abandoning the startup’s original mission of developing artificial intelligence for the benefit of humanity and not for profit. Attorneys …
Read More Insurance Helped 46,000 Indian Women Avoid Deadly Work During Heat Waves
In the city of Ahmedabad in western India, temperatures climbed above 43C (109F) every day between May 19 and May 25, creating deadly hot working conditions for many of the laborers who keep the local economy humming. For 40-year-old Lataben …
Read More Massachusetts Town Loses $446,000 in Cyber Attack
The Massachusetts town of Arlington reports it has lost $445,945 in funds intended for a contractor working on a high school building project that were instead diverted to hackers orchestrating a wire fraud scam. Town Manager Jim Feeney alerted the …
Read More Wyoming Pass Landslide Brings Mountain-Sized Headache to Commuting Tourist Town Workers
A landslide that wiped out a vital two-lane road in western Wyoming is causing a mountain of headaches for thousands of commuting tourist town workers at the outset of the Yellowstone region’s busy summer season. After the slide sent both …
Read More Key Emerging Risks: Cascading Effects of Natural Disasters, Supply Chain Resilience
Key emerging risks facing global economies, businesses and the re/insurance industry include the cascading effects of natural disasters, the weakening resilience of supply chains and the repercussions of persistent underfunding of healthcare systems, according to Swiss Re’s 12th SONAR — …
Read More Marsh McLennan Unit Mercer to Buy UK Pension Fund Manager Cardano
Insurance brokerage firm Marsh McLennan’s unit Mercer has agreed to buy Cardano, a London-based pension fund manager that oversees $66 billion of assets, to widen its foothold in the UK market. The deal, unveiled on Tuesday, will allow Mercer to …
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