Posts by Hometown Insurance

This edition of International People Moves details appointments at Xceedance, Chubb, and Howden. A summary of these new hires follows here. Xceedance Names Tiwari President, EMEA & APAC Xceedance, the Boston-based provider of technology and digital solutions, claims services, and …

Greensill Bank AG’s administrators are seeking more than $400 million from Zurich Insurance Plc in London lawsuits to recoup the defunct lender’s losses on controversial investments linked to Credit Suisse and Liberty Commodities Ltd.. The administrators want Zurich to make …

Global natural catastrophes cost insurers US$50 billion in the first half, (H1 2022: $48 billion), with most of the losses stemming from severe convective storms, according to Swiss Re. “Severe convective storms – storms associated with thunder, lightning, heavy rain, …

Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Deloitte. Of 700 financial executives surveyed by Deloitte, 66% who worked remotely part time said they would likely quit …

Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed on the owner of Facebook and Instagram for breaching users’ privacy, according to a court filing. Meta Platforms will be fined 1 …

Dozens of ships are backed up around critical Danube arteries close to Ukraine’s river gateways days after Russian drone attacks on the country’s ports, shipping data showed on Tuesday. The river and its mouth are Ukraine’s last remaining waterborne grain …

Hackers were able to access UK voter registers undetected for 15 months, the Electoral Commission said on Tuesday, disclosing what it called a “complex cyber-attack.” “Hostile actors” could obtain the name and address of anyone in the UK who registered …

Russia’s lack of ships and Western grain traders’ shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply …

Word spread through an Oregon hospital last month that a visitor was causing trouble in the maternity ward, and nurses were warned the man might try to abduct his partner`s newborn. Hours later, the visitor opened fire, killing a security …

Wind power developers proposed four new projects off the New Jersey Shore on Friday, a surge that would more than double the number of wind farms built off its coast if they are approved by regulators. At least two of …