Posts by Hometown Insurance
Two Dirt Bike Riders Die in Crash with SUV
Two people died over the weekend when the dirt bike they were riding collided with an SUV near a shopping plaza in Massachusetts, authorities said. The victims of the crash in Wareham just before 11 p.m. Saturday were identified as …
Read More Actor Sues, Claiming She Was Sexually Harassed by Rhode Island Resort Owner
An actor and model who had roles in the soap opera “Guiding Light” and movies including “The Hunger Games: Catching Fire” says in a lawsuit that she was sexually harassed by the owner of a Rhode Island resort where she …
Read More Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis
Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, blockchain analytics firm Chainalysis said on Wednesday [July 12]. …
Read More Evertree Closes 3 Colorado Deals and Establishes Mountain Region
Evertree Insurance Services LLC has acquired 1st American Insurance in Longmont, Colorado, Alliance Insurance Services in Arvada, Colorado, and The Banks Agency in Golden, Colorado. The transactions were closed on July 7, and establish Evertree’s presence in the Mountain Region. …
Read More Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best
Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as they benefited from the long-term decline in workplace accidents and a reduction in fraudulent claims, according to an AM Best …
Read More Insurers to Pay $15M to Settle Murdaugh Fatal Boat Crash Claims
Insurers for the convenience store that sold beer to Paul Murdaugh have agreed to pay $15 million to settle the wrongful death suit stemming from the 2019 boat crash involving Murdaugh in which teenager Mallory Beach was killed. The convenience …
Read More Tesla Sues Australia’s Cap-XX Over EV Battery Technology Patents
Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe two U.S. patents owned by a Tesla subsidiary. Tesla CEO Elon Musk pledged in 2014 not to “initiate …
Read More People Moves: Fred C. Church Promotes Burbine; Rodriguez Reappointed Chair of New York Workers’ Comp
Fred C. Church Insurance Promotes Burbine to SVP, Sales Leader Fred C. Church Insurance, headquartered in Lowell, Mass., promoted Bill Burbine to senior vice president, sales leader. Burbine’s insurance career began in 2002 with Banknorth Insurance Group of Portland, Maine. …
Read More Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank
Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round. Tractable said …
Read More People Moves: Munich Re Names Parhelion’s Richardson as CUO of Green Solutions Portfolio; BHSI Names Walker to Lead UK National Business
This edition of International People Moves details appointments at Munich Re Specialty Group and Berkshire Hathaway Specialty Insurance. A summary of these new hires follows here. Munich Re Specialty Group Names Richardson as CUO of Green Solutions Portfolio Munich Re …
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