Posts by Hometown Insurance
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule
Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move designed to preempt an official review of the regulation next year. UK-based nonprofit Global Canopy says …
Read More Southern Water Fined for Sewage Spill That Killed 2,000 Fish in England
Southern Water was fined £330,000 on Tuesday after admitting a raw sewage spill that killed thousands of fish on the edge of England’s South Downs National Park. Southern, which supplies more than 4.6 million people in England, acknowledged that sewage …
Read More UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report
The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds facing Prime Minister Rishi Sunak as he attempts to boost growth. About 15% of small and medium-sized enterprises in the …
Read More Wildfires Forces Texas Panhandle Residents to Shelter in Place
Officials have ordered nearly 5,000 residents in the Panhandle cities of Canadian, Fritch and Glazier to shelter in place Tuesday as four separate wildfires engulfed the region, burning more than 280,000 acres. Residents in Hemphill County, where Canadian is, were …
Read More Change Healthcare Cyberattack Is Still Disrupting Pharmacies, Other Providers
A cyberattack that has disrupted Change Healthcare’s computer networks for nearly a week is creating a growing administrative problem for pharmacies and health-care providers around the nation. Change Healthcare, a division of UnitedHealth Group Inc., processes insurance claims and pharmacy …
Read More OpenAI Says New York Times ‘Hacked’ ChatGPT to Build Copyright Lawsuit
OpenAI has asked a federal judge to dismiss parts of the New York Times’ copyright lawsuit against it, arguing that the newspaper “hacked” its chatbot ChatGPT and other artificial-intelligence systems to generate misleading evidence for the case. OpenAI said in …
Read More Markets/Coverages: Legal & Contingency Launches EV Charging Site Insurance for England and Wales
Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch of an insurance policy which will cover the installation of electric vehicle charging points in England and Wales. The “Electric …
Read More People Moves: Alabama, NC DOIs Name Two to Key Positions
Two state insurance departments have named new people to high-level positions. North Carolina Insurance Commissioner Mike Causey this week announced that Amy Funderburk, a longtime attorney for a number of state government agencies and a credit union, will take over …
Read More People Moves: Markel’s Colosimo Joins CRC; Risk Strategies Consulting Names Piltch
CRC Group, headquartered in Birmingham, Alabama, hired Vince Colosimo as executive vice president in the company’s New York City downtown office. Colosimo will assume the role of office president in mid-2025, with current Office President Fred Curatolo taking on a …
Read More People Moves: Ardonagh’s Price Forbes Taps Horler From Lockton as Deputy CEO; Marsh Names Fort From McGill and Partners as Int’l Cyber Product Leader
This edition of International People Moves details appointments at the brokers Price Forbes and Marsh. A summary of these new hires follows here. Ardonagh’s Price Forbes Taps Horler From Lockton as Deputy CEO Sarah Horler has been appointed as Price …
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