Posts by Hometown Insurance
Gallagher Re Launches Cyber Risk Adjusted Rating Index to Track Reinsurance Rates
Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for expected changes to the underlying …
Read More Zurich Insurance Expands Stake in Banco Sabadell Amid BBVA Deal Bid
Zurich Insurance Group AG has amassed a substantial stake in Banco Sabadell SA, potentially giving it more influence over an important source of sales that’s facing a hostile takeover bid. The Swiss firm has increased its holding in Sabadell to …
Read More People Moves: Miller Taps SCOR’s Foucart as Managing Director in Reinsurance Practice; Acrisure Re Corporate Advisory & Solutions Appoints 4 Senior Hires
This edition of International People Moves details appointments at the brokers Miller and Acrisure Re. A summary of these new hires follows here. Miller Taps SCOR’s Foucart as Managing Director in Reinsurance Practice Miller, the London-based independent specialist re/insurance broker, …
Read More World Must Prepare to Fight Climate Change Without US, UK Says
The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls billions of dollars pledged to initiatives funding the green transition, the UK’s climate envoy said. This week, South Africa said …
Read More Cyclone Alfred’s Slow and Erratic Path Challenges Forecasters
A cyclone threatening Australia’s southeast coast has taken a long and meandering path over the past week, challenging forecasters seeking to provide residents in the storm’s path with certainty on its track. The issue stems from where the system has …
Read More Landlord Who Ignored Safety Codes Convicted of Murder for Fatal Fire
James G. Walker of Washington, D.C. was found guilty on two counts of second-degree murder, and 27 criminal building code violations, for the deaths of two tenants who were unable to exit when his building erupted in flames. According to …
Read More Retailers Publicly Scrap Some ‘DEI’ Initiatives While Quietly Supporting Others
Several U.S. retailers that publicly scrapped diversity, equity and inclusion programs – including Target, Amazon and Tractor Supply – are maintaining certain efforts behind the scenes. The three retailers, while they’ve ended DEI programs on paper, have told advocacy groups …
Read More Experts Discuss Transportation Insurance Challenges, Opportunities With Captives
Standard market woes, captive growth and the increased importance of navigating relationships with third-party administrators — insurance experts in the commercial trucking arena have helped their clients traverse a challenging road in recent years. Earlier this month, a panel of …
Read More People Moves: Courtney to Lead Nationwide’s Newest E&S Brokerage Property Unit
Nationwide, headquartered in Columbus, Ohio, appointed Tonya Courtney to lead its new excess and surplus (E&S) brokerage property unit with the goal of opening for business in the second half of the year. Prior to joining Nationwide, Courtney served as …
Read More Alliant Names Norris, Vance to VP Roles in Southeast
Alliant Insurance Services announced two additions to the team in the Southeast. Sadler Norris was named vice president in the employee benefits group, based in Atlanta. His goal is to work with clients to develop benefits plans that reduce health …
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