Posts by Hometown Insurance
Willis Launches Global Risk Engineering Team to Enhance Specialized Capabilities
Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and elevating its engineering capabilities, Willis said it is enhancing …
Read More Markets/Coverages: IQUW Re Bermuda Adds Mortgage, Credit, Cyber to Product Suite
IQUW Re Bermuda, announced plans to expand its predominantly property cat reinsurance product suite with the additions of mortgage, credit, and cyber reinsurance to its portfolio. This continued product expansion comes at a time of significant development for IQUW. The …
Read More Insurance Firm Definity Financial Readies C$1 Billion Debt Sale
Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter. The senior notes will be sold in …
Read More Chinese Hackers Impersonated Republican Lawmaker, Panel Says
Suspected cyber attackers linked to the Chinese Communist Party impersonated the Republican chair of the House Select Committee on China in a series of attempts to steal sensitive data on trade negotiations, the panel said. Hackers masquerading as Representative John …
Read More Ford Recalls 1.9 Million Vehicles Over Faulty Rear-View Camera
Ford F.N is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said Tuesday. The recall covers various 2015 through 2019 model year Lincoln MKC, Lincoln Navigator, …
Read More Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?
In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples area, on Aug. 26 …
Read More Alex Jones Takes $1 Billion Sandy Hook Judgment to Supreme Court
Right-wing conspiracy theorist Alex Jones is asking the US Supreme Court to review a Connecticut court’s nearly $1.4 billion judgment against him and Infowars stemming from his false claims that the Sandy Hook Elementary School massacre was a hoax. The …
Read More Employers Have Used E-Verify for Years. ICE’s Arrest of Maine Officer Raises New Questions
The case of a Maine police officer arrested by immigration authorities even though he was vetted by a government system called “E-Verify” has raised questions about what employers can do to make sure they’re employing people who can legally work. …
Read More EU Opens Talks on Carbon Credits to Win Deal on Key Climate Goal
European Union nations will discuss potential changes to the role of imported carbon credits in the next decade in a drive for a rapid deal on the bloc’s landmark 2040 climate goal. Denmark, which holds the EU’s rotating presidency, signaled …
Read More Mexico Seeks to Impose Tariffs on Auto, Manufacturing Imports
Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also bring an additional 70 billion pesos …
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