Posts by Hometown Insurance
US Appeals Court Upholds Decision to Dismiss Boeing Criminal Case
A U.S. appeals court on Tuesday upheld a ruling by a lower court to approve the Justice Department decision to dismiss a criminal case against Boeing, which allowed the planemaker to avoid prosecution on a charge stemming from two fatal …
Read More Axios Software Tool Used by Millions Compromised in Hack
Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. An unknown hacker was able to breach one of the few accounts that can release new versions …
Read More Florida’s Hatcher Insurance Group Acquires Benefits Firm, Moves to New HQ
Orlando-based Hatcher Insurance Group, part of Unison Risk Advisors for almost a year, has expanded its employee benefits practice with the acquisition of Level 3 Benefit Advisors. The Level 3 firm, founded in 2021, is based in Winter Park. Founder …
Read More People Moves: Galaviz Succeeds Patriot Growth Founder Gardner as CEO
Pennsylvania-based insurance brokerage Patriot Growth Insurance Services announced the appointment of John Galaviz as chief executive officer. Galaviz succeeds Matt Gardner, who founded Patriot Growth in 2019, as CEO. Gardner has left the company to pursue other opportunities, according to …
Read More District of Columbia AG Wins $530K, Seeks $600K More From Bad Drivers From Maryland and Virginia
District of Columbia Attorney General Brian L. Schwalb announced that the District has won judgments in nine lawsuits that will cost 14 drivers from Maryland and Virginia a total of $531,192 in unpaid fines, penalties and fees for traffic citations. …
Read More How California’s Ambitious Car Pollution Rules Made Everyone’s Air Cleaner
Cars on the road today are 99% cleaner than they were in 1970. Air quality in the United States is much, much better as a result. In Los Angeles, where I live, lead levels in the air were 50 times …
Read More Moynihan Named CEO of Marsh Management Consulting and Oliver Wyman
Marsh announced Ted Moynihan will become president and CEO of Marsh Management Consulting and Oliver Wyman, effective April 1. He will succeed Nick Studer, who earlier this month was appointed president and CEO of Marsh Risk. Moynihan will serve on …
Read More European Watchdogs Review How Insurers Value Private Credit
European insurance watchdogs are taking a closer look at how the industry values its investments in private credit amid widespread concerns about the asset class. Authorities in France and Germany are among those to recently step up their scrutiny, according …
Read More Sole Proprietor Need Not Notify Insurer of Injury by Deadline for Workers’ Compensation
The Pennsylvania Supreme Court has concluded that an individual who is the sole owner and employee of a business is not required to provide his insurance carrier with notice of his work-related injury within 120 days to qualify for workers’ …
Read More Arctic Sea Ice Hits Lowest Winter Level as Unprecedented Heat Smashes Global Records
Vital Arctic sea ice shrank to tie its lowest measured level for the winter, the season when ice grows, as a warming Earth shattered records across the continents. Arctic sea ice levels, especially in the summer, are crucial to Earth’s …
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