Posts by Hometown Insurance
Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district judge in …
Read More Trump Posts $91.6M Bond From Chubb Subsidiary in Carroll Case
Donald Trump secured a $91.6 million bond from insurer Chubb in order to allow the former president to appeal an $83.3 million verdict against him in the E. Jean Carroll defamation case. The surety bond contract with Chubb’s Federal Insurance …
Read More Louisiana Commissioner Temple Seeks $20M for Fortify Homes Program
Louisiana Insurance Commissioner Tim Temple expects lawmakers to allocate at least $20 million to the Lousiana Fortify Homes Program during the legislative session that begins on Monday. The funds would applied to the program for use in the next fiscal …
Read More People Moves: Aspen UK Names Stanford CEO, Osman Become Active U/W, Lloyd’s Syndicate 4711; Howden Tiger Promotes Chattaraj as Chief Science Officer
This edition of International People Moves details appointments at Aspen UK and Howden Tiger. A summary of these new hires follow here. Stanford Named CEO of Aspen UK, Osman Become Active U/W, Lloyd’s Syndicate 4711 Aspen Insurance Holdings Ltd. announced …
Read More Wisconsin Court Limits Regulators’ Authority to Mandate PFAS Cleanup
MADISON, Wis. (AP) — Environmental regulators can’t unilaterally force polluters to clean up contamination from so-called forever chemicals without going through the Legislature to establish specific limits on the compounds, a state appellate court ruled Wednesday. The 2nd District Court …
Read More Texas Utility Rules Didn’t Prevent Panhandle Wildfires
Before it burned to a pile of ashes, Melanie McQuiddy’s house on the outskirts of Canadian was her family’s home base. Her daughter and grandchildren flocked there for holidays. At Christmastime, she put a tree in every room and transformed …
Read More Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat
Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more. Texas officials on Thursday blamed the state’s largest-ever fire on electrical lines sparking in dry …
Read More Causey Wins Primary for NC Commissioner. Democrat Blasts Him for Hearing Delay
North Carolina Insurance Commissioner Mike Causey easily won the Republican primary for reelection to the post this week, but the Democratic nominee wasted little time in blasting Causey for postponing a rate hearing. State Sen. Natasha Marcus, D-Salisbury, won 77% …
Read More Miami Beach Spends $250,000 to Tell Spring Breakers to Stay Away
(Bloomberg) — Miami Beach has a message for spring breakers: We’re done. Fed up with rowdy college kids doing the sort of things rowdy college kids do in a haze of endorphins, alcohol and other intoxicants, the city has spent …
Read More Alabama Governor Signs Legislation Protecting IVF Providers from Legal Liability
MONTGOMERY, Ala. (AP) — Facing pressure to get in vitro fertilization services restarted in the state, Alabama’s governor swiftly signed legislation into law Wednesday shielding doctors from potential legal liability raised by a court ruling that equated frozen embryos to …
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