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Posts by Hometown Insurance

Mosaic Expands Summer Intern Program for Students in Bermuda, New York, London

By Hometown Insurance | June 29, 2022
Mosaic Insurance has welcomed its second year of summer interns, expanding the program to include students at its Bermuda, New York, and London offices. Skyler Powell, 20, is working as a Communications, Marketing & Special Projects intern at the global …
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Probe Into Australia’s Mining Sector Uncovers ‘Horrific’ Sexual Abuses

By Hometown Insurance | June 29, 2022
A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women workers at companies including BHP Group and Rio Tinto Group. The Western Australia government report released [June 23] described “horrific” …
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Carlyle Unit Assumes Full Risks of Operating Gas Field as Insurers Shun Black Sea

By Hometown Insurance | June 29, 2022
A unit of Carlyle International Energy Partners LP has assumed the full risks of operating a new gas field in the Romanian waters of the Black Sea as insurers shun the zone because of its proximity to the war in …
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Don’t Count Out Insurtech Disrupters, Carrier CEOs Say

By Hometown Insurance | June 29, 2022
Insurtechs bent on disrupting the insurance industry haven’t succeeded so far, but a future wave of insurtechs might emerge to accomplish a similar goal, carrier executives said recently. Speaking at the 38th Annual S&P Insurance Conference in June, Jack Roche, …
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U.S. Vehicle Quality Hits 36-Year Low as Supply, Labor Woes Continue: J.D. Power

By Hometown Insurance | June 29, 2022
The quality of vehicles sold in the United States fell to a 36-year low in 2022, according to automotive consultant J.D. Power, as labor shortages and supply snags continued to impact automakers. Major automakers have been struggling to deal with …
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How Addressing Socioeconomic Inequality Is Key to Building Flood Resilience

By Hometown Insurance | June 29, 2022
This content first appeared in BRINK. BRINK is supported by Marsh McLennan Advantage and managed by Long Dash. It is republished here with permission. Flooding is the most pervasive among natural disasters. According to the Zurich Flood Resilience Alliance, floods …
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Starting July 1: Required Sea-Level Rise Studies for Florida Gov’t Coastal Structures

By Hometown Insurance | June 29, 2022
Starting Friday, July 1, state and local governments will have to conduct a sea-level impact study if they build anything near Florida’s coastline, the result of a state law passed in 2020. Although the law applies only to government entities …
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Court Ruling Provides Ammo for Insurers in Florida AOB Cases

By Hometown Insurance | June 29, 2022
Florida insurers may have another weapon in the war over assignments of benefits in insurance claims, thanks to an appeals court ruling that went against one of the insurance industry’s most visible and active foes. In Kidwell Group and Air …
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Minnesota Officials Report State’s First Case of Monkeypox

By Hometown Insurance | June 29, 2022
Minnesota health officials say a Twin Cities adult has contracted the state’s first presumed case of monkeypox, a disease that has emerged in more than 50 countries and 26 U.S. states. The state public health lab identified the infection, a …
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At Least 20 Injured When Commuter Bus Overturns in California

By Hometown Insurance | June 28, 2022
A commuter bus crash clipped a parked truck and flipped onto its side Monday morning near Los Angeles International Airport, injuring at least 20 people, three of them critically, authorities said. The Los Angeles Department of Transportation bus clipped a …
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