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Posts by Hometown Insurance

Lawyer’s Family Files Wrongful Death Lawsuit Against Vegas Casino

By Hometown Insurance | February 22, 2023
The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months later has filed a wrongful death lawsuit against a casino. The Las Vegas Review-Journal reports David Jagolinzer was …
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Chaudhuri Moves from Alfa to Alabama DOI as Chief Actuary

By Hometown Insurance | February 22, 2023
Sanjeev Chaudhuri, the former chief actuary at Alfa Insurance, is the new chief actuary for the Alabama Department of Insurance, the DOI announced this week. Chaudhuri has more than 20 years of experience in property-casualty insurance, life insurance and accident …
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People Moves: Swiss Re Promotes Ningen to CEO, US P&C Re; MS Reinsurance Hires 4 for Data, Underwriting; Aon Promotes Day, Dickson in Political Violence & Terrorism Team

By Hometown Insurance | February 22, 2023
This edition of International People Moves details appointments at Swiss Re, MS Reinsurance, and Aon. A summary of these new hires follows here. Swiss Re Promotes Ningen to CEO, US P&C Re Monica Ningen has been named CEO of US …
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Tysers Sells Bloodstock Broking Team and Bloodstock Managing Agent to Howden

By Hometown Insurance | February 22, 2023
Tysers, the independent Lloyd’s broker and part of AUB Group, announced the sale of its bloodstock broking team and the bloodstock managing agent, Galileo, to Howden. “We had built an exceptional bloodstock business but, as our focus is no longer …
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Stablecoin Regulatory Crackdown Sends Warning to Industry

By Hometown Insurance | February 22, 2023
The U.S. Security and Exchange Commission’s warning shot on Binance’s stablecoin over whether or not it is a security could offer a hint at what type of dollar-pegged tokens may draw regulatory scrutiny, critical information for other digital asset firms …
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Bird Flu Costs Pile Up as Outbreak Enters Second Year

By Hometown Insurance | February 22, 2023
The ongoing bird flu outbreak has cost the government roughly $661 million and added to consumers’ pain at the grocery store after more than 58 million birds were slaughtered to limit the spread of the virus. In addition to the …
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Austrian Children Take Government to Court Over Climate Change

By Hometown Insurance | February 22, 2023
A dozen minors filed a lawsuit with Austria’s top court Tuesday seeking to force the government to ensure their constitutional rights are protected by taking tougher action against climate change. A lawyer for the group said the case submitted to …
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Gay Couple Wins ‘Landmark’ Health Insurance Case in South Korea

By Hometown Insurance | February 22, 2023
A gay couple won a lawsuit in South Korea granting them spousal coverage from the national health insurance program, an apparent first in the country that only legally recognizes marriage as between heterosexual couples. In its ruling, the Seoul High …
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Britain Says Global Accounting Rules Are Crimping UK Economy

By Hometown Insurance | February 22, 2023
A central plank of global accounting rules has become a “performance penalty” which holds back investment in Britain, its financial services minister Andrew Griffith said on Tuesday. So-called mark-to-market, or valuing investments on a regular basis to reflect changes in …
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Shipping Industry Grapples With Ways to Cut Cargo Fires at Sea

By Hometown Insurance | February 22, 2023
Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said on Wednesday. Shipping transports around 90% of world trade onboard different vessels including …
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