Posts by Hometown Insurance
Markets/Coverages: Rokstone’s Athena Cyber Division Launches Supply Chain Extension
Rokstone, the London-based specialty re/insurance managing general agent (MGA), announced that its new Athena Cyber Division has launched a customer and supplier supply chain disruption extension. The solution enhances total supply chain security, covering losses arising from cyberattacks affecting both …
Read More People Moves: Augment Risk Promotes Cripps to New Role of Group Head of Growth and Broking; Fidelis Partnership Taps Ascot’s Donovan as Head of U/W, Property Binders
This edition of International People Moves details appointments at the broker Augment Risk and the managing general agent The Fidelis Partnership. A summary of these new hires follows here. Augment Risk Promotes Cripps in Newly Created Role of Group Head …
Read More Wildfire Forces Evacuations Across Top Canadian Wine Region
More than 20,000 people were ordered to evacuate one of Canada’s top wine-producing regions as an uncontrolled wildfire spread rapidly, forcing local authorities to declare a province-wide state of emergency. Authorities ordered the town of Summerland and nearby communities in …
Read More German Shippers Warn Rhine Could Be ‘Split in Two’ by Low Water
Low water levels risk halting cargo traffic on a key stretch of the Rhine this week, effectively splitting the critical waterway into two separate zones, the federal association of German inland shipping (BDB) said on Monday. BDB managing director Jens …
Read More How the Hard Reality of Climate Change Hit Europe’s Economy This Summer
For anyone in Europe who still thought climate change was a problem for future generations, this summer’s sweltering heatwaves have brought home the reality that its costly and life-altering economic impacts have already arrived. Record heat and droughts this summer …
Read More OpenAI Pauses Some Work on New Astra Model on Cyber Concerns
OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. The ChatGPT maker said on Friday it “cannot rule …
Read More Heat Deaths Top 25,000 in Europe as Scorching Weather Persists
Extreme heat has killed more than 25,000 people across Europe this year, according to the latest available data compiled by Bloomberg. Germany recorded the highest toll, with an estimated 11,900 excess deaths linked to heat since April, according to the …
Read More Taylor Farms Recalls Salsa and Guacamole Over Salmonella Risk
Taylor Farms on Sunday said it was recalling more than a dozen prepared food items containing jalapeños, including salsas and guacamole, from retailers over concerns about potential salmonella contamination. The California-based supplier said it had voluntarily recalled products containing jalapeño …
Read More Alabama Courthouse Workers Smelled a Rat. Court Must Decide if Insurer Defends Suit
A group of 32 county workers in Greene County, Alabama, became so fed up with what they said were rats, faulty air-conditioning and a leaky roof at the county courthouse that they sued their own county commissioners in 2020. The …
Read More Teva Seeks to Keep Israel Ties From Philadelphia Jury, Cites Gaza War
Teva Pharmaceuticals has asked a U.S. judge to prevent insurer Humana from telling jurors it is an Israeli company at a major drug price-fixing trial, arguing that strong public views over the Gaza war could prejudice proceedings and affect its …
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