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Posts by Hometown Insurance

Travel Insurance ‘Will Likely’ Cover Injuries Sustained in Singapore Airlines Incident: ABI

By Hometown Insurance | May 23, 2024
Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence, but policies may vary, the Association Of British Insurers said following the Singapore Airlines SIAL.SI incident on Tuesday. One passenger died of a suspected heart attack, and 30 were …
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Climate Court Cases That Could Set New Precedents Around the World

By Hometown Insurance | May 23, 2024
Courts around the world are hearing an ever-growing number of climate change lawsuits with some of the largest cases in history being decided in 2024 and 2025. Here are the key cases to watch: INTERNATIONAL COURT OF JUSTICE (ICJ) The …
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People Moves: AIG Appoints Browne Global Head of Specialty

By Hometown Insurance | May 23, 2024
American International Group, Inc., headquartered in New York, appointed Gordon Browne as global head of specialty, effective June 11. Browne will serve on the international insurance leadership team. Browne has over 20 years of industry experience in the U.S. and …
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Ex-Citi Banker Says She Was Fired for Rrefusing to Give False Data to Regulator

By Hometown Insurance | May 23, 2024
A former managing director at Citigroup sued the bank and its chief operating officer on Wednesday, alleging she was fired for opposing what she said were attempts to give regulators false information. Kathleen Martin, a former managing director Citi hired …
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EPA Says Water Utilities Need to Do More to Stop More Frequent Cyberattacks

By Hometown Insurance | May 23, 2024
Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water systems to take immediate actions to protect the nation’s drinking water. About …
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Florida Agents Will Soon Need Three Appointments Before Selling Citizens

By Hometown Insurance | May 23, 2024
Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp. That’s the mandate laid down by Florida House Bill 1503, signed into law …
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Bristol Myers, Sanofi Liability in Hawaii Plavix Case Grows to $916 Million

By Hometown Insurance | May 23, 2024
A judge in Hawaii on Tuesday ordered Bristol Myers Squibb and Sanofi to pay more than $916 million to the state for failing to warn non-white patients of health risks from its blood thinner Plavix, up from an earlier judgment …
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Missouri Senators to Pay Potential Damages in Chiefs Rally Shooting Defamation Case

By Hometown Insurance | May 22, 2024
COLUMBIA, Mo. (AP) — Missouri lawmakers will have to pay out of their own pockets if they lose defamation cases filed against them for falsely accusing a Kansas man of being one of the Kansas City Chiefs parade shooters and …
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People Moves: BenefitMall Appoints Wong Benefits Sales Executive for Texas

By Hometown Insurance | May 22, 2024
BenefitMall, headquartered in Dallas, hired Trent Wong as a benefits sales executive for Texas. Before joining BenefitMall, Wong was a senior account manager at Energy Insurance Agency and a small group sales representative, specialty, with Humana.
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TWIA Prepares Biennial Report for Texas Legislature; Assoc. Sees Limited Claims From Houston Storm

By Hometown Insurance | May 22, 2024
The Texas Windstorm Insurance Association Board’s Legislative & External Affairs Committee met on May 21 to plan the association’s Biennial Report to the Texas Legislature. TWIA submits a biennial report to the Texas Legislature, the Insurance Commissioner, and the Sunset …
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