Posts by Hometown Insurance
People Moves: Gallagher Taps AIG’s Loesti as Chief Commercial Officer of European Broking; QBE Re Promotes 3 Global Product Heads in New York, London
Gallagher Taps AIG’s Loesti as Chief Commercial Officer, European Broking Nepomuk (Nepo) Loesti has joined Gallagher as chief commercial officer of its European broking operations. The newly created role will support the expansion of Gallagher in Europe, outside of the …
Read More Driverless Truck Companies Plan to Ditch Human Copilots in 2024
Driverless trucks with no humans on board will soon cruise Texas highways if three startup firms have their way, despite objections from critics who say financial pressures, not safety, is behind the timetable. After years of testing, Aurora Innovation Inc., …
Read More US Supreme Court to Hear Challenge to EPA’s ‘Good Neighbor’ Air Pollution Plan
The U.S. Supreme Court on late last month said it would hear a bid to block the Environmental Protection Agency from enforcing a federal regulation aimed at reducing ozone emissions that may worsen air pollution in neighboring states. Acting on …
Read More Flooding at Boston Hospital Disrupts IVF Services for 200 Patients
Flooding from a burst water main at Boston`s Brigham and Women’s Hospital has disrupted services for about 200 patients seeking to have children through in vitro fertilization, leaving some of them devastated. The pipe burst about 1 a.m. on Christmas …
Read More FDA Allows Florida to Import Cheaper Drugs from Canada
(Reuters) – The U.S. Food and Drug Administration (FDA) said on Friday it had authorized Florida to directly import prescription drugs from Canada, where prices of medicines are cheaper. The regulator said it was committed to working with other states …
Read More Georgia Awards $189M Bridge-Raising Contract to Allow Bigger Cargo Ships
SAVANNAH, Ga. (AP) — The Georgia Department of Transportation said Wednesday it has chosen a general contractor to oversee a $189 million project to raise Savannah`s towering suspension bridge so that larger cargo ships can pass underneath and reach one …
Read More Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack
Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in July 2023 agreed to hear the case after a state appeals …
Read More Florida Bad-faith Suit Survives Even Though Policy Limits Paid and Sinkhole Excluded
Just because an insurer paid the full policy limits on a claim, and argues that the damages weren’t even covered, doesn’t mean it can escape a bad-faith lawsuit. It’s the type of court decision that has rankled Florida insurance carriers …
Read More Missouri City to Pay $2.9 Million Settlement Over Excessive Traffic Fines and Unfair Jailing
ST. LOUIS (AP) – A Missouri city will pay nearly $3 million to settle a lawsuit accusing it of violating the constitutional rights of residents by jailing them and forcing them to pay fines and fees amounting to millions of …
Read More Louisiana Commissioner Donelon: Incentive and Fortify Homes Programs are Meeting Expectations
Outgoing Louisiana Insurance Commissioner Jim Donelon said Thursday that two initiatives to address the state’s property insurance market are meeting expectations. Donelon provided updates to the Louisiana Incentive Program and the Louisiana Fortify Homes Program in his final week of …
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