Posts by Hometown Insurance
Estonia Probes Russia Link in Fire at Defense Manufacturer
Estonian authorities are investigating potential Russian involvement in a fire that broke out at a building used by defense company Milrem Robotics, according to Prime Minister Kristen Michal. The prosecutor’s office said on Tuesday it suspected an arson attack at …
Read More Canadian Firms Have $360 Billion of Private Credit Exposure, Mostly in US
Canadian financial institutions and funds have amassed roughly C$500 billion ($360 billion) of exposure to private credit, most of it outside the country, according to new research from the central bank. The bulk of the activity is in the US …
Read More People Moves: Guy Carpenter Promotes New Global P/C Leaders; QBE Appoints Data Center Lead
Guy Carpenter, a business of Marsh, appointed David Duffy as global property leader and Chris Ross as global casualty leader. Based in New York, Duffy and Ross will report to John Trace, CEO of North America and chief broking officer, …
Read More Regulator Objections Quantified: ZestyAI Says 44% of Filings Have at Least One
ZestyAI said it looked at tens of thousands of home, auto, and commercial property rate filings in all 50 states and found just how long regulator objections can hold up the approval process. About 44%, or 8,776, of filings analyzed …
Read More Death of Irish Teens in Crash Prompts Social Media Warning
A car crash that claimed the lives of five teenagers in Ireland early Sunday has raised police concerns about the role social media plays in dangerous driving incidents in the country. The teenage boys were driving in a car on …
Read More Climate Damage: The Next Hit to Europe’s Public Finances
Someone will have to pick up the tab for the damage wrought by Europe’s increasingly volatile weather, and with the bulk of those economic losses uninsured, that will be the public purse unless immediate action is taken. This year’s wildfires …
Read More People: Lindberg Whistleblower Obusek to Retire After 30 Years With NCDOI
The North Carolina regulator who raised the first red flags about now-imprisoned insurance executive Greg Lindberg’s business practices has decided to retire after 30 years with the state Department of Insurance. Jackie Obusek, who has been chief deputy insurance commissioner …
Read More Luigi Mangione’s State Murder Trial Postponed Indefinitely
Luigi Mangione’s New York State murder trial in the killing of UnitedHealthcare CEO Brian Thompson, which was slated to begin Sept. 8, has been postponed indefinitely as his lawyers seek to have the case thrown out on double jeopardy grounds …
Read More People Moves: Aon CFO Reese Steps Down After 2 Years, Succeeded by Virana in Interim Role; Miller Bermuda Taps Gallagher’s Vickers as Senior Director, Property
This edition of International People Moves details appointments at the brokers Aon and Miller Bermuda. A summary of these new hires follows here. Aon CFO Reese Steps Down After 2 Years, Succeeded by Virana in Interim Role Insurance broker Aon …
Read More Trump Agencies to Set Crypto Policy as Bill Stalls, Limiting Industry’s Gains
As sweeping U.S. crypto legislation stalls, President Donald Trump’s regulators are set to fill the void, but efforts to write favorable rules for the digital asset industry will be contentious and could be overturned by future administrations. Deep-pocketed crypto companies …
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