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Posts by Hometown Insurance

Markets/Coverages: Chubb Launches New Media Insurance Product for UK

By Hometown Insurance | November 15, 2023
Chubb announced the launch of a new media insurance product for clients in the United Kingdom. Alongside the launch, Chubb has also rebranded its existing UK Technology Industry Practice as the Technology and Media Practice to reflect its new focus. …
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Putting AI to Work Within the ‘Digital Round Trip’: Applied Systems CEO

By Hometown Insurance | November 15, 2023
The data is out there. The challenge is how to amass it, standardize it and make it useful. Taylor Rhodes, CEO of Applied Systems, stopped by the On Point podcast with host Peter Aartrijk to talk about the future of …
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Yemen’s Houthis Leader Says Group Will Target Israeli Ships in Red Sea

By Hometown Insurance | November 15, 2023
Yemen’s Houthi leader said on Tuesday his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait. The Iran-aligned group made several missile and drone attacks against Israel …
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Ukraine, UK Agree on Discounts for War Risk Insurance for Black Sea Exports: Officials

By Hometown Insurance | November 15, 2023
Ukraine and Britain have agreed on a special mechanism for discounts on war risk insurance on exports through the Black Sea corridor, which has helped transport almost 4 million metric tons of goods since August, Ukrainian officials said on Tuesday. …
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NOAA: U.S. Withstands Record 25 Disasters in 2023

By Hometown Insurance | November 15, 2023
Another billion-dollar disaster was confirmed in October, bringing the total to a record 25 such disasters in the first 10 months — the largest number of disasters for any year since NOAA began tracking the events. These disasters included 19 …
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People Moves: Balch Now President of Berkley Technology Underwriters; Lieberman to Lead Lockton’s US Financial Services Claims

By Hometown Insurance | November 15, 2023
W.R. Berkley Corporation Names Balch President of Berkley Technology Underwriters W.R. Berkley Corporation, headquartered in Greenwich, Conn., appointed Christopher H. Balch as president of Berkley Technology Underwriters, a Berkley company. He succeeds Matthew A. Mueller, who has been named chairman …
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US Contractors, Insurers Seem to be Ignoring Some Safety Improvements in Construction

By Hometown Insurance | November 15, 2023
Many American construction firms are failing to implement obvious and inexpensive safety measures that could save lives, reduce injuries and avoid costly insurance claims. And many insurers are failing to nudge their insured contractors to be proactive and preventive. “It’s …
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Are Expensive Judicial Races the New Normal in Pennsylvania After High Court Campaign?

By Hometown Insurance | November 15, 2023
The race for an open seat on Pennsylvania`s highest court initially resembled the sleepy contests that had played out for decades: low turnout, little media coverage and just enough spending to afford some biographical TV ads on cable. Then attack …
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Man Charged With Arson for New York Race Track Fire That Killed Dozens of Horses

By Hometown Insurance | November 15, 2023
Authorities are investigating the deaths of more than two dozen racehorses in a barn fire at an upstate New York track that they believe was deliberately set. The horses were killed early Thursday after the barn where they were housed …
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Worker Dies at Montana Platinum and Palladium Mine, Triggering Temporary Mining Halt

By Hometown Insurance | November 15, 2023
A contract worker has died in a machinery accident at an underground precious metals mine in south-central Montana and work has temporarily stopped while the death is investigated, mine officials said. The worker was preparing an area for future mining …
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