Posts by Hometown Insurance
AXA XL Realigns Operations in the Americas; Redundancies Caused by Moves
AXA XL said it streamlined its underwriting operations in the Americas, which will now be three segments—large commercial, middle-market and professional. The realignment is “resulting in redundancies,” confirmed a company spokesperson via email. “We’ll work closely with all impacted colleagues …
Read More Judge Lets More Than 70,000 Zantac Lawsuits Go Forward
A Delaware judge has allowed more than 70,000 lawsuits over discontinued heartburn drug Zantac to go forward, ruling that expert witnesses can testify in court that the drug may cause cancer. The ruling on Friday by Judge Vivian Medinilla of …
Read More US Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy
A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really seeing China be very aggressive,” General Timothy …
Read More People Moves: InsureTrust Names Kozel Senior VP
InsureTrust, an Atlanta-based specialty broker specializing in cyber risk, has named Sonja Kozel as senior vice president. Kozel, with 10 years in the business, previously led sales for Cowbell, a cyber insurance company, and for Markel Specialty. She graduated from …
Read More Tallahassee Mayor Says Tornado Costs Now Top $50 Million
TALLAHASSEE, Fla. (AP) — Recovery from a May 10 tornado outbreak has cost Florida’s capital city $50 million so far, Tallahassee Mayor John Dailey said Friday. Florida officials have requested that the Federal Emergency Management Agency declare a major disaster, …
Read More AccuWeather: Year’s First Big Heatwave Raises Wildfire Risk in West
Severe heat will raise the risk of brush and grassfires from central and northern California, also bringing a moderate to and high risk of wildfires in parts of Arizona and New Mexico, a forecast out on Monday shows. The first …
Read More Sentry Expands to Marine Cargo With Falvey Partnership
Sentry Insurance announced it has partnered with Falvey Insurance Group to offer admitted and non-admitted marine cargo capacity to Falvey’s broker partners. Falvey is a niche leading MGA offering several property and casualty solutions focused on the supply chain and …
Read More Insurance Council of Texas Offers Tips for Hurricane Preparation
With June marking the start of 2024 Atlantic Hurricane Season, the Insurance Council of Texas (ICT) is reminding residents of steps to take to prepare for hurricanes. The National Oceanic and Atmosphere Administration (NOAA) has predicted an above-average hurricane season …
Read More Louisiana Law That Limits Filming of Police Violates First Amendment, Attorneys Say
A new Louisiana law that makes it a crime to approach within 25 feet (7.6 meters) of a police officer under certain circumstances is an affront to the movement for racial justice and violates the First Amendment, civil rights attorneys …
Read More Kansas Workers’ Comp Bill Increases Some Benefits, Streamlines Processes
Kansas Governor Laura Kelly last week signed Senate Bill 430, bipartisan legislation making comprehensive reforms to the state’s workers compensation system. The bill, a result of collaboration between business and labor, provides coverage for members of the Kansas National Guard …
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