Posts by Hometown Insurance
Attacks on U.S. Power Grids Rose to All-Time High in 2022
Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious activity, that potentially threatened grid reliability rose 77% …
Read More Breaking: Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida
One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on Tuesday signed a consent order granting Tampa-based Slide …
Read More Feds Grant $132M to Improve California to ve Roads and Tackle Traffic Fatalities
U.S. Transportation Secretary Pete Buttigieg announced $800 million in grant awards through the new Safe Streets and Roads for All Grant Program includes 50 grants for communities in California. The competitive grant program, established by President Joe Biden’s infrastructure law, …
Read More $32M Settlement in California Child Welfare Lawsuit
Central California’s Tulare County will pay $32 million to settle a lawsuit alleging its child welfare agency failed to respond to reports of abuse involving an infant boy who was hospitalized for malnutrition and suffered brain damage, plaintiffs’ attorneys said …
Read More MPL Insurers Curi and Constellation Agree to Merge
Curi Holdings, Inc. and Constellation, Inc., two of the nation’s leading providers of medical professional liability (MPL) insurance, have signed an agreement to merge. Curi CEO Jason Sandner will remain CEO of Curi Holdings, Inc. Constellation President & CEO Ryan …
Read More Estimated 100,000 Hens Die in Blaze at Connecticut’s Hillendale Farms
BOZRAH, Conn. (AP) — An estimated 100,000 hens died in a weekend fire at a Connecticut farm owned by one of the country’s largest egg producers, Connecticut officials confirmed Monday. It’s one of several such fires that have killed millions …
Read More Man Charged With Killing Mom at Sea Seeks Grand Jury Transcripts
The man charged with killing his mother at sea during a 2016 fishing trip off the coast of New England is asking for minutes from the grand jury proceeding that led to his indictment, seeking to learn what was disclosed …
Read More Shopping Safely: Managing Cybersecurity, Insurance in E-Commerce
Online retailers will need to remain as resilient as possible to combat increasing cyber crime in the wake of a pandemic surge in online shopping, according to David Emm, senior security researcher at cybersecurity provider Kaspersky, on this episode of …
Read More People Moves: Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe; AXA XL Appoints Cerquenich as Senior Risk Consultant, Marine, UK & Lloyd’s
Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe The Supervisory Boards of Tryg A/S and Tryg Forsikring A/S announced that Group Chief Executive Officer (CEO) Morten Hübbe has decided to step down. Hübbe (51) will be succeeded by Chief …
Read More Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups
Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups in recent weeks, the country’s Centre for Cyber Security said. “The risk level is being raised on the back of …
Read More