Posts by Hometown Insurance
Most Small SUVs Flunk Updated Insurance Industry Crash Tests
Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they’re just as safe as they were before. That’s because the Insurance Institute for Highway Safety updated the test so it places more …
Read More TPG Telecom Joins Growing List of Australian Companies Hit by Cyber Attacks
Internet services provider TPG Telecom Ltd. became the latest Australian company to fall victim to a high-profile cyberattack, announcing on Wednesday that the emails of up to 15,000 of its corporate customers had been accessed. Its shares fell on the …
Read More Aston Lark Buys Commercial Direct Marine Trade Book From Navigators & General
Aston Lark, a Howden company, announced the acquisition of the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, to expand its range of insurance products for the marine community. The acquisition of the commercial …
Read More 3M Faces Claim in Netherlands Over ‘Forever Chemicals’ Pollution
The Netherlands’s government is exploring its legal options against chemical giant 3M over pollution in the Dutch part of the Scheldt River. For years, the company’s Antwerp, Belgium-based factory seeped contaminated groundwater into the Scheldt, a 350-kilometer (217-mile) river that …
Read More Safety Agency Confirms Another Air Bag Death, This one in Kentucky
A U.S. auto safety regulator on Friday said it had confirmed a new crash death from a faulty air bag in a Honda car, as it urged owners to get recall repairs completed. The National Highway Traffic Safety Administration (NHTSA) …
Read More Abu Dhabi’s ADQ Leads Consortium to Buy Stake in Israel’s Phoenix Group
A consortium led by Abu Dhabi state holding firm ADQ are in advanced negotiations to acquire a controlling stake in Israeli financial firm Phoenix Group in a deal that values the company at around 9.2 billion shekels ($2.70 billion), the …
Read More Three Children Killed in North Carolina House Fire
Three children under the age of 5 are dead and their mother was taken to a hospital after a house fire in North Carolina on Monday morning, authorities said. Greensboro Deputy Fire Chief Dwayne Church says firefighters called to a …
Read More Risk Strategies Acquires Worldwide Assurance Agency in Miami
Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency. Worldwide was founded in 2012 and has grown rapidly in recent years, its president, Osvaldo Gonzalez III, …
Read More Meta Platforms Accused in Kenyan Lawsuit of Amplifying Hate Speech in Africa
Meta Platforms Inc. is facing a lawsuit in Kenya’s high court accusing the company of failing Africans by amplifying hate speech and incitement to violence on Facebook and calling for about $2 billion in restitution. The case has been filed …
Read More Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard
As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are moving to enforce disclosure requirements. According to Chaucer, a Lloyd’s insurer and reinsurer, …
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