Posts by Hometown Insurance
Zurich Offers ‘Roadmap’ to Prep Businesses, Governments for Climate Change
A new paper from Zurich calls out an “alarmingly bleak” outlook thanks to climate change driving the frequency and intensity of extreme weather and increasing the likelihood of natural catastrophes. However, the paper takes an optimistic stance that there are …
Read More Hawaii Plans to Increase Hotel Tax to Help It With Climate Change Mitigation
In a first-of-its kind move, Hawaii lawmakers are ready to hike a tax imposed on travelers staying in hotels, vacation rentals and other short-term accommodations and earmark the new money for programs to cope with a warming planet. State leaders …
Read More Britain’s M&S Enters 2nd Week of Sales Disruption After Cyberattack
Britain’s Marks & Spencer entered a second week unable to take online clothing and home orders on Friday following a major cyberattack, hitting sales of new season ranges as the country basks in record temperatures. Some 700 million pounds ($930 …
Read More Florida Lawmakers Vote to Repeal ‘Free Kill’ Law Affecting Med Mal Suits
Adult children and parents of young adults who died under medical care will soon be able to recover punitive and pain-and-suffering damages in medical malpractice lawsuits if Florida Gov. Ron DeSantis signs a bill into law. The Florida Senate approved …
Read More APCIA, IBHS Testify Before Senate Committee on Loss Mitigation
During a Senate committee hearing focusing on insurance and loss mitigation efforts, industry representatives said the all levels of government play a role. “Where government regulation and infrastructure allow private, competitive, insurance, and global reinsurance markets to flourish, consumers are …
Read More Ryan Specialty Finalizes Acquisition of USQRisk
Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty. The …
Read More Liberty Mutual Teams With WNBA Champion New York Liberty
Liberty Mutual Insurance has announced a multiyear partnership with the New York Liberty women’s basketball team. As part of the partnership, the Liberty Mutual logo will be prominently displayed on all Liberty jerseys beginning with the 2025 season. Additionally, Liberty …
Read More Rebrandings Announced by Acrisure and Clear Group Subsidiaries in UK
Acrisure Announces Rebranding of UK Retail Broker Sutton Winson Sutton Winson has officially become the first of Acrisure’s nine retail insurance brokers to rebrand in the UK and has been legally renamed as Acrisure UK Broking Ltd. Acrisure, the Grand …
Read More Apple Must Pay Optis $502 Million Lump Sum in UK Patent Dispute, Court Rules
Apple must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads, London’s Court of Appeal ruled on Thursday, in the latest stage of a long-running legal battle. Texas-based Optis Cellular …
Read More Harrods Is Latest UK Retailer to Be Hit by Cyberattack
London department store Harrods said on Thursday hackers had attempted to break into its systems, the third high-profile cyber attack on a UK retailer in two weeks, following incidents at Marks & Spencer and the Co-op Group. British companies, public …
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