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Posts by Hometown Insurance

People Moves: Howden Appoints Shalders as Group COO; Neighbour Named BMS Energy Director

By Hometown Insurance | February 5, 2024
Howden, headquartered in Renfrew, United Kingdom, appointed David Shalders as group chief operating officer. Shalders will join as an executive member of the Howden Group board and the global leadership team. Shalders joins Howden from LSEG (London Stock Exchange Group), …
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Tesla Runs Afoul of Font-Size Rule in 2.2 Million Electric Cars

By Hometown Insurance | February 5, 2024
Tesla drivers no longer have to squint to read the warning lights in their electric vehicles, thanks to eagle-eyed auditors at the US National Highway Traffic Safety Administration. The regulator posted an unusual recall report on its website Friday from …
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New England Patriots Sued Over Video Viewing App’s Alleged Privacy Violations

By Hometown Insurance | February 5, 2024
A Massachusetts man has filed a proposed class action lawsuit seeking $5 million against the New England Patriots for alleged privacy violations. The suit alleges that the team intentionally and knowingly discloses personally identifiable information (PII) of people using their …
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Swedish Prosecutor Plans Nord Stream Blast Decision This Week

By Hometown Insurance | February 5, 2024
The prosecutor leading Sweden’s probe into the Nord Stream gas pipeline blasts in the Baltic Sea in 2022 plans to announce a decision this week on whether to drop the case, press charges or request that someone is detained, his …
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Marsh: ‘Stable’ Q4 Commercial Rate Increase of 2%

By Hometown Insurance | February 5, 2024
Broker Marsh said global commercial insurance rates increased by 2% at renewal in the fourth quarter of 2023, marking the 25th straight quarter of rate increases. “At a time of much global economic uncertainty, clients will welcome the increased stability …
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Marsh: US Commercial Lines Rates Up 3% in Q4 2023

By Hometown Insurance | February 5, 2024
Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter 2023, led by an 11% increase in property rates. The Marsh Global Insurance Market Index said it was the 25th …
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Cone of Uncertainty to Include Inland Areas, Where Storm Damage can Be Heavy

By Hometown Insurance | February 5, 2024
ST. PETERSBURG, Fla. (AP) — The “cone of uncertainty” produced by the National Hurricane Center to forecast the location and ferocity of a tropical storm is getting an update this year to include predictions for inland areas, where wind and …
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Authorities: Man Fleeing Police in Alabama Caused Crash That Injured Gayle Manchin

By Hometown Insurance | February 5, 2024
HOMEWOOD, Ala. (AP) — A man fleeing police caused the Alabama car crash that injured Gayle Manchin, head of an economic development partnership of the federal government and 13 state governments and the wife of U.S. Sen. Joe Manchin, along …
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Florida House Votes to Loosen Child Labor Laws a Year After Tougher Immigrant Statute

By Hometown Insurance | February 5, 2024
TALLAHASSEE, Fla. (AP) — A year after Florida enacted a law making it more difficult for employers to hire immigrants illegally, a move that has reportedly exacerbated a labor shortage and has added to property insurance repair costs, the state …
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Chile’s Second-Largest Refinery Shuttered Due to Power Outage Following Wildfires

By Hometown Insurance | February 5, 2024
The Aconcagua refinery, Chile’s second-largest with a capacity to process 102,000 barrels per day (bpd) of crude, has been shut down since Friday following a power outage caused by forest fires raging in the country, its owner said on Sunday. …
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Recent Posts

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