Posts by Hometown Insurance
Inflation Impacting Workers Comp Medical Costs: WCRI
A new study by the Workers Compensation Research Institute (WCRI) illustrates how rising inflation has impacted the system in recent years. The 2025 edition of the WCRI Medical Price Index for Workers’ Compensation, authored Dr. Rebecca Yang and Dr. Olesya …
Read More Connecticut Expands Cancer Relief Program for Firefighters
Gov. Ned Lamont recently signed into law legislation (Senate Bill 1426) making several updates to the Connecticut Firefighters Cancer Relief Program, including adding skin cancer to the types of cancer covered under the program, and modifying the language governing eligibility …
Read More FTC Drops Case Over Microsoft’s $69 Billion Activision Blizzard Deal
The U.S. Federal Trade Commission dropped a case that sought to block Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in the public interest. …
Read More Trident Reciprocal Names Hodges CEO
Lake Mary, Florida-based Trident Reciprocal Exchange, launched in 2024, recently named Ryan Hodges chief executive officer. Hodges has 25 years in the property and casualty insurance business and was previously vice president of commercial insurance for Bankers Insurance Group, which …
Read More Memorial Day Boat Explosion Sends 11 to the Hospital in Florida
A fiery boat explosion near Fort Lauderdale, Florida, on Memorial Day sent 11 people to the hospital, many suffering from burns, officials said Tuesday. The 39-foot (12-meter) Sea Ray boat had 15 people on board when the explosion happened at …
Read More Ford Recalls More Than 1 Million Vehicles in the US, NHTSA Says
Ford Motor is recalling 1,075,299 vehicles in the United States over an issue that may prevent the rearview camera from displaying images increasing the risk of a crash, the National Highway Traffic Safety Administration said on Wednesday. The recall affects …
Read More People Moves: AXIS Restructures Global Markets Team; Chaucer Taps Ray From Fidelis as Head of Renewable Energy and Energy Transition
This edition of International People Moves details appointments at AXIS Capital Holdings and Chaucer Group. A summary of these executive moves follows here. AXIS Restructures Global Markets Team AXIS Capital Holdings Ltd., the Bermuda-based re/insurer, announced organizational changes to further …
Read More EU Almost on Track to Reach 2030 Climate Goal
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The …
Read More German Court Throws Out Peruvian Farmer’s Climate Case Against RWE
A German court on Wednesday threw out a Peruvian farmer’s lawsuit seeking damages from RWE for the German energy utility’s alleged role in putting his home at risk through climate change. The court said no appeal was possible in the …
Read More Dutch Insurer Scraps Old-Style Chat Bots Amid Uneven AI Rollout
NN Group NV is replacing pre-programmed chat bots in client-facing roles with a version that can interact more naturally with humans, further evidence of the continued but uneven roll-out of artificial intelligence in financial services. The insurance firm, one of …
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