Posts by Hometown Insurance

Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. The acquisition will see BOXX becoming part of Zurich’s platforms business, Zurich Global …

Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, reinsurance …

New York state was sued on Wednesday by the National Retail Federation over a new law requiring retailers to tell customers when their personal data are being used to set prices, known as surveillance pricing. The world’s largest retail trade …

In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff and the state’s insolvency fund were both wrongly denied certain payments they are entitled from the state’s workers’ compensation fund. The high court found …

President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. In the latest fight …

Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders. Sherpas working on Mount Everest carry all that and more — 20 kilograms (44 pounds) per person — navigating a four-hour hike that traverses crumbling glacial ice and treacherous crevasses …

Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas. Weiss joined Liberty Mutual in 2018 as associate vice president, Americas M&A before …

Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico Data CEO …

An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an insurer or a compensation …

Packaged food maker Kraft Heinz is recalling about 367,812 pounds of Oscar Mayer turkey bacon following concerns that the products may be contaminated with Listeria bacteria, the U.S. food safety regulator said on Wednesday. The recall will affect vacuum-packed, fully …