Posts by Hometown Insurance
New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds
An exoskeleton system developed initially by Vanderbilt University researchers decreased strain, sprain and lifting injuries by as much as 62% over months of study, signaling a way to reduce some of the most common workers’ compensation claims. The HeroWear company, …
Read More Sweeping US Winter Storm Threatens Blackouts and Snarled Travel
A vast swath of the US — sweeping east from the Southern Rockies to the Mid-Atlantic and New England — is on alert for winter-storm conditions that could last days, disrupting travel and threatening blackouts. By Friday evening, a mix …
Read More Pacific Life Seeks to Dismiss Kyle Busch’s $8.5M Lawsuit Over Insurance Policies
Pacific Life Insurance Company on Thursday asked a federal court to dismiss the $8.5 million lawsuit filed by NASCAR champion Kyle Busch and his wife over policies the Buschs claim were sold to them under false and negligent representations as …
Read More People Moves: Starwind Marine and Energy Announces Leadership Appointments
Starwind Specialty Insurance Services, a CRC Group division, announced a series of leadership appointments within Starwind Marine and Energy that further strengthen its long-term strategy for growth and technical excellence across the marine and energy sectors. The appointments took effect …
Read More People Moves: Coterie Appoints Seich as Chief Revenue Officer
Coterie Insurance, a small business MGA, announced Mark Seich as the company’s new Chief Revenue Officer overseeing revenue strategy across distribution, agency engagement, marketing, and customer experience. Seich served as VP of Marketing & Distribution at The Philadelphia Contributionship, where …
Read More Hot Sauce Company Sues Manufacturer Over Exploding Bottles
A product liability dispute is bubbling between a popular salsa and hot sauces company and its manufacturer. Iowa-based Lola’s Fine Sauces alleges in a lawsuit that it lost several hundred thousand dollars after customers complained that Lola’s bottled products bubbled, …
Read More Prudential Japan Pledges Reforms After Widespread Misconduct
Prudential Financial Inc.’s Japan insurance head vowed to bolster governance after revelations that improper actions by more than 100 current and former staff cost customers about $20 million. The chief executive officer of the unit, Kan Mabara, “deeply” apologized for …
Read More Port of Los Angeles December Imports Fell 8% From Year Earlier
The Port of Los Angeles handled 424,499 20-foot equivalent units of imports in December, down 8% from the year earlier, according to data released by the nation’s busiest seaport on Thursday. Related: EU ‘Fully Prepared’ to Hit Back Over Trump’s …
Read More Pennsylvania High Court Quashes Challenge to Uber’s ‘Clickwrap’ Arbitration Agreement
The Pennsylvania Supreme Court has vacated a lower appeals court ruling that had found ride-hailing firm Uber’s “clickwrap” mandatory arbitration agreement unenforceable because it would deprive a husband and wife of their right to a jury trial for their injury …
Read More Munich Re May Trim Headcount Through Voluntary Buyouts at Ergo Insurance Unit
German reinsurer Munich Re is planning to reduce jobs through attrition but may turn to voluntary buyouts at its ERGO insurance unit, CEO Christoph Jurecka said. Speaking to journalists on Thursday evening in Munich, Jurecka said that natural fluctuation “may …
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