Posts by Hometown Insurance
Trial Begins for Truck Driver Charged in New Hampshire Crash That Killed 7 Motorcyclists
The trial for a commercial truck driver charged with causing the deaths in 2019 of seven members of a Marine motorcycle club will open Tuesday, more than three years after the crash in northern New Hampshire. Jurors visited the crash …
Read More People Moves: American Family’s McElwee Takes Over at Plymouth Rock as Long-Time Leader Belodoff Retires
The Plymouth Rock Co., parent company of auto and home insurance providers in the Northeast, announced that Andrew McElwee is its new president and chief operating officer, having taken over responsibility for the firm’s day-to-day operations from Hal Belodoff, following …
Read More People Moves: Mann New Verisk CFO; Furlong SVP at Acrisure Re; NFP Hires Michaelson to Energy Practice
Verisk Names Elizabeth Mann Chief Financial Officer Elizabeth Mann has been named executive vice president and chief financial officer for Verisk, effective September 15, 2022. As CFO, Mann will lead Verisk’s global finance organization which includes accounting and controllership, financial …
Read More ‘Cryptojacking’ Attacks on Financial Firms Surged in First Half
Hackers are increasingly targeting financial firms such as banks and trading houses with attacks designed to use their computer systems to mine cryptocurrencies, according to cybersecurity firm SonicWall. The number of so-called cryptojacking attacks on financial companies more than tripled …
Read More Lloyd’s Insurers Preparing to Cover Ukraine Grain
Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly, the commercial insurance market’s chairman said on Wednesday. Russia and Ukraine signed a deal on Friday, …
Read More Third Person Dies After Suspicious House Fire in Nashville
A third person has died from injuries after a suspicious house fire in Nashville, Tennessee, police said. Michael Young, 44, was pronounced dead at at Vanderbilt University Medical Center, Nashville police said Sunday in a statement. Two others died Saturday …
Read More Pennsylvania’s Auto Insurance ‘Regular Use’ Exclusion Faces State High Court Scrutiny
The Pennsylvania Supreme Court has agreed to consider a case that could limit application of the “regular use exclusion” in auto insurance policies. The state’s high court has agreed to review a Superior Court ruling that the regular use exclusion …
Read More People Moves: Acrisure Re Hires Carpenter’s Furlong; HDI Global Specialty Promotes Button for Distribution & Biz Devel.; Tokio Marine Names Former QBE Exec for Board
This edition of International People Moves details appointments at broker Acrisure Re and two insurers: HDI Global Specialty and Tokio Marine Europe. A summary of these new hires follows here. Acrisure Re Hires Carpenter’s Furlong Acrisure Re, the re/insurance division …
Read More UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First
Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching reforms from the UK City regulator. Banks, insurers and other companies will have to ensure their services are actually good …
Read More Woman Pleads Guilty in Louisiana Staged Auto Collision Scheme
United States Attorney Duane A. Evans announced that Stacie Wheaton, age 51, of Fairburn, Georgia, pled guilty on July 21, 2022 to count one (1) of her indictment, charging Conspiracy to Commit Mail Fraud in violation of Title 18, United …
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