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Posts by Hometown Insurance

Lockton Launches Entertainment & Sports Practice for Caribbean, Central America

By Hometown Insurance | October 10, 2022
Lockton Caribbean & Central America (CCA) announced the launch of the insurance broking industry’s first Entertainment & Sports practice focusing exclusively on the region. The new practice within Lockton CCA – the Miami-based wholesale insurance and reinsurance operation focused on …
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Fan Sues Patriots Over Alleged Damage to Brady-Autographed Flag

By Hometown Insurance | October 10, 2022
The New England Patriots caused irreparable damage to a U.S. flag signed by Tom Brady by improperly displaying it in the team’s hall of fame at Gillette Stadium, the flag’s owner contends in a federal lawsuit. After it had been …
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Second Singtel Unit Hit by Cyber Attack, Weeks After Massive Optus Data Breach

By Hometown Insurance | October 10, 2022
Singapore Telecommunications Ltd. said on Monday its unit Dialog faced a cyber attack that potentially affected 1,000 current and former employees and fewer than 20 clients, weeks after a massive data breach at another Australian unit – Optus. The breach …
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People Moves: IQUW Taps Carpenter’s Fisher as President; Consilium Snags 6 for Financial Lines From Ed Broking; Aon Commercial Risk Solutions Promotes 2 in EMEA

By Hometown Insurance | October 10, 2022
This edition of International People Moves details appointments at Consilium, IQUW and Aon Commercial Risk Solutions in EMEA. A summary of these new hires and promotions follows here. IQUW Taps Former Carpenter Exec Fisher as President Property and Specialty re/insurer …
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Many Companies Lack Targets for Employee Mental Health: Study

By Hometown Insurance | October 10, 2022
Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite “clear evidence” that such targets can save money. CCLA’s new investor benchmark, which assessed …
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Air France and Airbus Face Manslaughter Trial in French Court Over Rio-Paris Crash

By Hometown Insurance | October 10, 2022
PARIS (AP) – Nicolas Touillou had just proposed marriage to his girlfriend. Nelson Marinho Jr. was heading off on a new oil exploration job. Eric Lamy was about to celebrate his 38th birthday. They were among 228 people killed in …
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Mom Whose Son’s Death Led to Missouri Jail Reforms Wins $1.2 Million Settlement

By Hometown Insurance | October 10, 2022
A mother whose son died less than an hour after he was transported from a Missouri jail to a state prison has won a $1.2 million settlement in a case that helped lead to suspensions, firings and reforms. The St. …
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Ian Death Toll in US Hits 100 Across Three States

By Hometown Insurance | October 10, 2022
The death toll from Ian reached 100 on Friday, making it the third most deadly hurricane to hit the mainland in a decade. The number of confirmed deaths across three states continues to climb nine days after Ian roared ashore …
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RMS Range of Insured Losses from Ian $53-$74B, ‘Best Estimate’ of $67B

By Hometown Insurance | October 10, 2022
Catastrophe modeler RMS chimed in on Hurricane Ian with an estimate of private-market insured losses from the storm of $67 billion. The Moody’s Analytics company said the amount was a “best estimate,” and also supplied a range of between $53 …
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Insured Damages From Hurricane Ian $31-$53B: CoreLogic

By Hometown Insurance | October 10, 2022
Property data and analytics provider CoreLogic included new and updated projections of storm surge and flood losses for Hurricane Ian for a final tally of between $41 billion and $70 billion in insured and uninsured flood and wind losses. Insured …
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