Posts by Hometown Insurance
Crack in NC Roller Coaster Support Reminder of Amusement Park Risks
A visible crack in the support beam of a North Carolina roller coaster served as a reminder of the risks that sometimes arise with amusement park rides, particularly as families and adrenaline junkies flock to the attractions in summer. Video …
Read More Skittles Maker Wrigley Settles With Cannabis Company Over Trademark
Wrigley, the maker of multi-colored fruit-flavored Skittles candies, has settled a lawsuit accusing a seller of cannabis-related merchandise of trademark infringement for marketing products under the “ZKITTLEZ” name. Under a proposed permanent injunction filed on Monday in Chicago federal court, …
Read More Vermont Workers’ Compensation Changes Now in Effect
Vermont’s workers’ compensation benefits for temporary total disability and for dependent children, as well as the work search requirement for injured workers returning to the job market, changed starting July 1, 2023, the result of new legislation. The workers’ compensation …
Read More People Moves: Hearn to Step Down as Inver Re’s CEO; TMK Taps Munich Re’s Partridge as Cargo U/W in London; Chubb Names Mostert South Africa Country President
This edition of International People Moves details executive changes and appointments at Inver Re, Tokio Marine Kiln and Chubb. A summary of these new hires follows here. Hearn to Step Down as Inver Re’s CEO Inver Re, the reinsurance broking …
Read More Be Kind, Rewind: How a Blockbuster-Era Law Is Still Being Used in Data Privacy Disputes
A 1988 law regarding video rentals is still affecting the legal, and even the insurance and technology landscape, today. The Video Privacy Protection Act was enacted in 1988 after judge and U.S. Supreme Court nominee Robert Bork found that a …
Read More Ransomware Attack Hits Japan’s Biggest Port, Disrupting Cargo Shipments
Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware — used by hackers to lock access to files or systems unless a payment is made …
Read More Earth Keeps Breaking Temperature Records, Underscoring Dangers of Global Warming
Global temperatures have smashed through records this week, underscoring the dangers of ever-increasing greenhouse gas emissions generated from burning fossil fuels. The average worldwide temperature reached 17C (63F) on Monday, just above the previous record of 16.9C in August 2016, …
Read More BMS Group Acquires Australia’s Bluebook Insurance Brokers
BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire Brisbane-based specialty broker Bluebook Insurance Brokers. The deal is the sixth Australian acquisition by BMS in the past 12 months as the company looks to …
Read More Insurers Look to Loosen UN Climate Alliance Rules After Member Exodus: Sources
The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership requirements, after a recent exodus of members, according to two people familiar with the discussions. The U.N.-convened Net-Zero Insurance Alliance …
Read More Economic Cost of French Riots Could Top €1 Billion as Unrest Continues to Drop
President Emmanuel Macron will meet with more than 200 mayors to assess the riots that have rocked France as a massive police deployment led to a continued drop in the level of unrest overnight. French employers’ lobby Medef estimated the …
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