Posts by Hometown Insurance
Deadly Screwworm Parasite Found in US Threatens Cattle Herd
A deadly cattle parasite was confirmed in the US for the first time in nearly a decade, posing the latest threat to a US herd already at its lowest level in 75 years. The US Department of Agriculture confirmed late …
Read More Beware Business IT Consultant Who Secretly Installs Remote Access to Network
A Connecticut information technology consultant has pleaded guilty to fraud stemming from a computer intrusion scheme that cost a small business, according to federal prosecutors. Billie Conley, Jr., formerly of Shelton, pleaded guilty in federal court in New Haven to …
Read More Zurich Insurance Expands Data-Center Offering Beyond the US
Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the …
Read More Tesla Settles Some Worker Racism Claims From California Plant
Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants, while the company still faces a jury trial in a broader case brought by the state’s civil rights enforcement agency. …
Read More EU, US Committed to Complying With Trade Deal, Says US Trade Chief
Both the European Union and the United States are committed to complying with their trade agreement, U.S. Trade Representative Jamieson Greer said June 3 after broad new tariff threats over forced labor rankled Washington’s trade partners. After the two sides …
Read More Meteor Caused Speculation Across New England But No Damage or Injuries
When the double boom rang out in New England over the weekend, shaking homes and sending pets fleeing, questions started flooding social media. “Did anyone else hear that boom?” “Anyone feel that?” NASA let people know over the weekend that …
Read More People Moves: HDI Global Names Hunt as CEO of UK & Ireland Business; Hamilton Global Specialty Taps Chubb’s Keaney to Lead New Private Clients Business
This edition of International People Moves details appointments at the insurers HDI Global and Hamilton Global Specialty. A summary of these new hires follows here. HDI Global Names Hunt as CEO of UK & Ireland Business Corporate and specialty insurer …
Read More WTW Gets Approval to Operate Investment Business in Dubai Int’l Financial Centre
Insurance broker WTW announced it has received approval from the Dubai Financial Services Authority (DFSA) for a license to operate as WTW Investments (DIFC) Ltd. within the Dubai International Financial Centre (DIFC). WTW said the approval marks a significant milestone …
Read More EU Insurers Need to Grasp Private Credit Risks, Watchdog Says
European insurers have to grasp the risks they face when investing in private credit, according to the region’s top watchdog. Insurance firms need to be able to identify, measure, manage and report the risks, Petra Hielkema, chair of the European …
Read More Trump Downplays Threats of Hormuz Mines, Touts Alternate Route
President Donald Trump downplayed the threat posed by Iranian sea mines in the Strait of Hormuz to commercial shipping, even as other US officials have warned of their dangers. Speaking to reporters on Wednesday, Trump said American forces had “swept …
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