Posts by Hometown Insurance
Well-known Injury Lawyer Alex Murdaugh Now on Trial for Murder in South Carolina
As his life unraveled over the past two years, disgraced South Carolina attorney Alex Murdaugh didn’t fight giving up his law license and said he made plenty of mistakes tied to missing client money and a financial mess that led …
Read More Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance
Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. Longstanding partner Stone Ridge is supporting the transfer with …
Read More People Moves: Generali GC&C Taps Former Tokio Marine Exec Kanu as CEO; BHSI Hires Aviva’s Major as UK Country Manager; Marsh Names Perry UK CEO, Credit Specialties
This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Berkshire Hathaway Specialty Insurance (BHSI) and Marsh. A summary of these new hires follows here. Generali GC&C Appoints Former Tokio Marine Exec Kanu as CEO …
Read More Q4 Net Income at Travelers Falls 39%
Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion a year ago during the same time. The insurer’s Q4 combined ratio increased 6.5 points to 94.5 as catastrophe losses …
Read More Jan. 1 Renewals: ‘They Got Done’; Carrier Overreliance on Reinsurers Corrected
When an AM Best analyst said, “Apparently, things didn’t go that bad” to describe 1/1 reinsurance renewals, he wasn’t actually saying anything unique. Carlos Wong-Fupuy, a senior director for AM Best, who spoke during an online briefing Monday, referred to …
Read More UK Fails to Protect Menopausal Women in Workforce, Lawmakers’ Committee Says
The UK is failing to address menopausal discrimination in the workforce, an issue that led to women quitting their jobs due to a lack of employer support, a committee of lawmakers said. Conservative MP Caroline Nokes criticized the government response …
Read More Remote Work Saves Global Commuters 72 Minutes a Day: Study
Working from home is saving commuters around the world 72 minutes a day, time they’re splitting between their jobs, leisure and caregiving, a new study shows. Remote staff are saving the most time in China, where forgoing the trek to …
Read More Australia’s Health Care System Prime Target for Cyber Attackers: Minister
Australia’s hospitals and health care system are at a high risk from cyberattackers targeting citizens’ personal data, the home affairs minister said, adding the country needed to step up its efforts to combat hacking attempts. Speaking ahead of an international …
Read More People Moves: Marshall & Sterling New Senior Leadership; Rock Hired as Trium Cyber Claims Chief; Nexus Nabs Product Recall Specialist Darlea
Marshall & Sterling Names New Senior Leadership Team Marshall & Sterling Enterprises, Inc., has appointed Eric Diamond as chief executive officer. Prior to joining Marshall & Sterling in 2009, Diamond was president of JS Diamond Group, Inc., overseeing business development, …
Read More Virginia Jury Rejects Woman’s Claims Against Four Police Officers Over Sex Ring
ALEXANDRIA, Va. (AP) — A jury on Friday rejected a woman’s allegations that a former police chief in Virginia and three other officers protected a prostitution ring that she said trafficked her. The eight-person civil jury found that the woman, …
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