Posts by Hometown Insurance
Judge Preliminarily Approves $1.5B Anthropic Copyright Settlement
A federal judge in California on Thursday preliminarily approved a landmark $1.5 billion settlement of a copyright class action brought by a group of authors against artificial intelligence company Anthropic, according to the authors’ representatives. The proposed deal marks the …
Read More Newman Named CEO of ACORD Solutions Group
ACORD announced that Chris Newman has been appointed chief executive officer of ACORD Solutions Group (ASG). Newman has led (re)insurance company operations across both the retail and specialty markets, including setting up operations in North America, Latin America, Asia and …
Read More Donegal to Exit Farmowners Insurance, Sell Rights to $8 Million in Business to ECM
Donegal Insurance Group and ECM Insurance Group announced that ECM will acquire the renewal rights to Donegal’s entire book of farmowners insurance business in the states of Pennsylvania, Delaware, Virginia, Ohio and Indiana in 2026. The book represents approximately $8 …
Read More On North Carolina Rivers, Cleanup from Helene Seems Never-Ending
Bracing himself against the current in waist-deep water, Clancy Loorham wrestles a broken length of PVC pipe from the rocky bottom of the French Broad River and peers inside. “I got a catfish in the pipe,” the 27-year-old with wispy …
Read More Jury Awards $205M to Parents of Girl Who Fell to Death at Colorado Amusement Park
A jury has awarded $205 million to the parents of a 6-year-old girl who fell to her death at a Colorado amusement park after she wasn’t strapped into a ride. The verdict was reached in Glenwood Springs, where Wongel Estifanos …
Read More Robbery, Grow Lights and Lounges Among Top Cannabis Industry Risks
From cultivation to cash registers, cannabis-related claims can face special challenges. When asked about the biggest exposures in the cannabis industry, Beth Ossino, claims manager at Golden Bear Insurance Company, pointed to theft and robbery. During Insurance Journal’s annual Insuring …
Read More People Moves: Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK; Ryan Re Taps Berkshire Hathaway’s Gorman as Head of Facultative and Facilities
This edition of International People Moves details appointments at Covéa Insurance and Ryan Re Underwriting Managers. A summary of these new hires follows here. Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK Covéa Insurance, the UK …
Read More Family’s Lawyers Say Disability Wasn’t a Factor in Universal’s Rollercoaster Death
Attorneys for the family of a man who died last week after riding a roller coaster at Universal Orlando Resort’s newest theme park said Monday that they believe he smacked his head on a restraint during downward thrusts and was …
Read More Britain Considers Support for Jaguar Land Rover’s Suppliers After Cyberattack
Britain’s government is considering providing financial support for carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source said on Thursday. The luxury carmaker owned by India’s Tata Motors has three …
Read More Denmark Warns Russian Sabotage Likely as Another Drone Suspected
Denmark’s Prime Minister Mette Frederiksen warned Danes to brace for more hybrid attacks, pointing to Russia as Europe’s main security threat, just before a suspected drone sighting disrupted air traffic in Denmark for the third time in a week. Authorities …
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