Posts by Hometown Insurance
Missouri Town ‘Devastated’ by Wildfire
WOOLDRIDGE, Mo. (AP) – Roughly half of a small Missouri town burned Saturday after a wildfire spread quickly from a farm field and destroyed or heavily damaged 23 buildings, officials said. No one died and only one person was taken …
Read More New York’s High Court Upholds Insurance Regulation Opposed by Agents
New York insurance agents have lost their bid to overturn a state consumer regulation governing the sale of life insurance and annuity products that they believe is vague and exceeds the state insurance regulator’s authority. The Regulation 187 that agents …
Read More People Moves: Hazelton to Head Chubb N.A. Industry Practices; Bentele President of Nexus Specialty Casualty
Chubb Appoints Bill Hazelton Head of North America Industry Practices Chubb named Bill Hazelton executive vice president, head of North America industry practices. He will lead the company’s efforts to enhance delivery of comprehensive industry-focused insurance coverages, risk engineering and …
Read More DOJ Antitrust Losses in Court Are Seen as Setback for Biden’s Merger Crackdown
In the span of just a month, federal judges rejected the US Justice Department’s attempts to block three mergers in the health technology, agriculture and defense contracting industries. The agency is considering appeals – and points out it’s racked up …
Read More Carolina Company CFO Ordered to Pay Restitution to Insurer in $2 Million Embezzlement
The former chief financial officer for a Carolina-based manufacturing supply company must spend more than three years in prison and repay $2 million he embezzled, which includes payments made by the firm’s insurance carrier. Samuel Allen Mouzon, 62, for 20 …
Read More Unilever Adds to Growing List of U.S. Products Recalled Due to Benzene
Unilever issued a voluntary recall of dry shampoo aerosol produced before October 2021 and sold nationwide because they may contain benzene, a human carcinogen. New Jersey-based Unilever U.S. said the list of products include those from Dove, Nexxus, Suave, TIGI …
Read More Risk Strategies Acquires Actuarial Firm Aquarius Capital
Specialty insurance broker Risk Strategies announced it has acquired Aquarius Capital Solutions Group, an actuarial firm focused on health care, employee and retirement benefits. Founded in 2002 and based in Port Chester, New York, Aquarius Capital provides actuarial consulting solutions …
Read More A Decade After Sandy, New York City Resiliency Projects, Spending Lag: Comptroller
Ten years after Superstorm Sandy pounded New York City’s coastal areas, taking 43 lives and causing $19 billion in damages, many resiliency projects remain years from completion and billions of dollars in recovery funds remain unspent. According to a report …
Read More Kia Recalling 71,000 Older U.S. Sportage Vehicle for Fire Risks
Kia will recall 71,000 2008-2009 model year Sportage vehicles in the United States previously recalled in 2016 for fire risks and is advising owners to park outside until repairs are completed. Kia said the recall fix is currently under development …
Read More Building the Workforce of Tomorrow with K-12 Cybersecurity Education
Cybersecurity is becoming more important in an increasingly digital world, and experts agree that good cybersecurity starts with a good education. As the use of technology and tech platforms becomes more widespread and interconnected, guests on this episode of The …
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