Posts by Hometown Insurance
Parkland Deputy’s Acquittal Shows Florida Has No ‘Cowardice Under Fire’ Law
When Florida prosecutors charged former Deputy Scot Peterson for his alleged inaction during the 2018 Parkland school massacre, they faced a major hurdle: no law precisely fit. So it was not a surprise to legal observers that Peterson was acquitted …
Read More Fox Corp Settles Lawsuit With Fired Former Producer for $12M
Fox Corp settled for $12 million a lawsuit by former Fox News producer Abby Grossberg, who had claimed gender discrimination and accused the network’s lawyers of pressuring her to make misleading statements in the Dominion Voting Systems case, her lawyer …
Read More Guy Carpenter Completes Acquisition of Re Solutions in Israel
Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction were not disclosed. With immediate effect Re Solutions has become …
Read More People Moves: Liberty Mutual Promotes Johnson From Ironshore; Federer Named CEO Fusion Specialty N.A.
Liberty Mutual Names Johnson President of Field Operations & Marketing, Global Risk Solutions North America Liberty Mutual Insurance, based in Boston, Mass., appointed Ben Johnson as president of field operations & marketing, Global Risk Solutions (GRS) North America, effective July …
Read More SiriusPoint Completes $1.3B Reinsurance Loss Portfolio Transfer With Compre
SiriusPoint Ltd., the Bermuda-based re/insurer, announced it has completed a ground-up loss portfolio transfer (LPT) of a portfolio of primarily reinsurance business with the legacy acquisition specialist Compre. This is the second LPT the companies have partnered on. Compre assumed …
Read More Maryland Begins Sales of Recreational Marijuana
Maryland is becoming the latest state to legally sell recreational marijuana, as businesses aim to tap into July Fourth festivities to kick off sales. About 100 stores already licensed to sell cannabis for medicinal purposes were able to begin selling …
Read More Audit Finds Connecticut State Police Falsified Traffic Stop Data
Hundreds of Connecticut state police troopers falsified information on at least 26,000 traffic stops from 2014 to 2021, skewing reports on the race and ethnicity of pulled-over motorists, according to an audit released Wednesday. Data analysts with the University of …
Read More North Carolina Roller Coaster Shut Down After Crack Found in Support Beam
A North Carolina amusement park closed one of its roller coasters Friday after a crack was found on a support beam. According to news reports, Carowinds shut down Fury 325. The park’s website advertises the ride as the “tallest, fastest, …
Read More Atlanta Police Motorcycles Burned in Arson Attack
Atlanta Police Department motorcycles were damaged in an intentional fire caused by devices set inside a training facility early Saturday, officials said. The Atlanta Fire and Rescue Department responded to reports of a multi-vehicle fire around 2:20 a.m. and found …
Read More Russia’s Aging, Dark Fleet of Oil Tankers Gets Infusion of Newer Ships
An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels. Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds …
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