Posts by Hometown Insurance

Singapore’s four telecom companies, Singtel, StarHub, M1, and Simba Telecom, were targeted by cyber espionage group UNC3886 in attacks last year, Singapore’s Cyber Security Agency said on Monday. The agency said the hackers were able to penetrate and gain access …

South Korean officials blamed a massive data leak last year at Coupang on management failure, rather than a sophisticated cyberattack, and urged the e-commerce giant to fix vulnerabilities in its security systems. Announcing the first findings of a government-led probe, …

Helix Underwriting Partners Bermuda, the multi-line independent managing general agent, announced the launch of its London property offering, Helix International, which has been trading since the start of the year, in partnership with PartnerRe Insurance Programs. The program provides capacity …

China’s Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March 16, …

CyberCube has named Chris Methven its new CEO, replacing Pascal Millaire, who has been the leader of the cyber risk modeling and analytics company since it has operated as a standalone company. Methven has been Cyber Cube’s chief growth officer …

Verisk, headquartered in Jersey City, New Jersey, named Steven Kauderer president of its claims solutions business. He reports to Lee Shavel, president and CEO of Verisk. Most recently, Kauderer was a senior partner at EY-Parthenon, where he built and led …

Adam Schwebach, broker and head of property for North America at Gallagher Re, the global reinsurance broker, last week sat down for an interview with Insurance Journal. The discussion came on the heels of Gallagher Re’s annual Florida broker summit, …

Rhode Island-based Beacon Mutual Insurance Co. has experienced a data breach caused by a ransomware attack and is in the process of determining what information and persons may have been affected. The workers’ compensation insurer said it received an alert …

A Colorado funeral home owner who stashed 189 decomposing bodies in a building over four years and gave grieving families fake ashes was sentenced to 40 years in state prison. During the sentencing hearing, family members told Judge Eric Bentley …

Diessner Promoted to President of Kraus-Anderson Insurance Jonathan Diessner has been promoted to president of Kraus-Anderson Insurance, one of Minnesota’s largest privately held independent insurance agencies and a member of the Kraus-Anderson family of companies, providing construction, real estate, risk …