Posts by Hometown Insurance
UK Companies Should Have to Disclose Major Cyberattacks, M&S Says
British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer said on Tuesday, claiming two recent major attacks on large UK firms had gone unreported. Giving evidence to lawmakers on …
Read More No Alerts Heard in Deadly Texas Flash Flood as 161 Still Missing
In the early hours of July 4, the only sound many of the vacationers along the banks of the Guadalupe River would have heard was pounding rain and thunder. They didn’t get any official warning of the rapidly rising waters …
Read More Time to Change North Carolina’s Unique (and Antiquated) Rate Bureau System?
Insurance markets differ in important ways from state to state, and North Carolina’s stands out for two reasons. First, insurers responded to an exceptionally catastrophic storm in 2024—Hurricane Helene. The Tar Heel State bore $60 billion of the hurricane’s $80 …
Read More California Fails to Stop 23andMe Founder From Re-Acquiring Firm Amid Privacy Concerns
Genetic testing company 23andMe can proceed with a $305 million sale to the company’s co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California’s bid to delay the sale while the state appeals over privacy concerns related to the deal. …
Read More People Moves: ReSource Pro Appoints Hugh as CFO
ReSource Pro, headquartered in New York City, appointed Eugene “Gene” Hugh as chief financial officer (CFO). Hugh will lead the company’s accounting, financial planning and analysis, tax, treasury, legal, and mergers and acquisitions functions. He also plays a key role …
Read More Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap
The steady rise in false advertising claims against consumer-facing companies has exposed a major insurance protection gap. The drivers of these legal actions are many and varied and include consumers’ growing – and regularly-shifting – health preoccupations; sustainability concerns; patriotic …
Read More People Moves: LP Insurance Services Names Rossi Executive Chairman, Cushard CEO and President
Rossi Named Executive Chairman, Cushard Named CEO and President at LP Insurance Services LLC LP Insurance Services LLC named Founder and CEO Nick Rossi as executive chairman. Rossi, who founded the company in 2010, will maintain a role supporting client …
Read More Impostor Uses AI to Impersonate Rubio, Contact Foreign and US Officials
The State Department is warning U.S. diplomats of attempts to impersonate Secretary of State Marco Rubio and possibly other officials using technology driven by artificial intelligence, according to two senior officials and a cable sent last week to all embassies …
Read More People Moves: Hull & Company-Texas Promotes Wilkins, Hires Gambino to Underwriter/Broker Roles
Hull & Company-Texas, headquartered in Dallas, Texas, promoted Brandt Wilkins to underwriter/broker. Wilkins has an extensive background in the commercial wholesale business. He has been with Hull Texas for the last three years managing a book with emphasis in the …
Read More People Moves: Leadership Transition at WorldTrips as Hsia Appointed CEO; Carney Assumes Role of Chairman
Tokio Marine HCC, based in Houston, Texas, announced a key leadership transition at its travel-focused subsidiary, WorldTrips, a leading provider of travel insurance located in Carmel, Indiana. Mark Carney will transition from his role as CEO of WorldTrips to become …
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