Posts by Hometown Insurance
Aon’s Albert G. Ruben Joins Relation Insurance
Relation Insurance Services said late last month that it acquired Aon’s Albert G. Ruben, a brokerage for the entertainment industry for the last 65 years. Terms of the deal were not disclosed. The Albert G. Ruben name and team will …
Read More Florida Taps Contractors With No Detention Experience for ‘Alligator Alcatraz’
On June 20, nearly three weeks into the Atlantic hurricane season, Florida disaster-management officials assembled a group of emergency relief contractors in Tallahassee and asked them to do something they had never done before. Governor Ron DeSantis wanted to construct …
Read More Data Call: South Carolina DOI Sets August Deadline for Liability Insurance Info
In keeping with state law, the South Carolina Department of Insurance is again asking carriers to submit extensive data on commercial liabilty and liquor liability coverage in the state. The data should be submitted by Aug. 31 and should include …
Read More Zurich Insurance Buys Canadian Insurance Technology Firm BOXX
Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. The acquisition will see BOXX becoming part of Zurich’s platforms business, Zurich Global …
Read More Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers
Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, reinsurance …
Read More Retailers Sue New York to Block Algorithmic Pricing Law
New York state was sued on Wednesday by the National Retail Federation over a new law requiring retailers to tell customers when their personal data are being used to set prices, known as surveillance pricing. The world’s largest retail trade …
Read More Massachusetts High Court Orders Workers’ Comp Trust Fund Payments
In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff and the state’s insolvency fund were both wrongly denied certain payments they are entitled from the state’s workers’ compensation fund. The high court found …
Read More Trump Asks Supreme Court to Allow Removal of Consumer Product Safety Commissioners
President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. In the latest fight …
Read More Mount Everest’s Trash-Covered Slopes Are Being Cleaned by Drones
Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders. Sherpas working on Mount Everest carry all that and more — 20 kilograms (44 pounds) per person — navigating a four-hour hike that traverses crumbling glacial ice and treacherous crevasses …
Read More People Moves: Liberty GTS Names Weiss Head of Americas; Arch Insurance NA Taps Kaufmann for US Marine Business; Costa to Lead Aspen Investor Relations
Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas. Weiss joined Liberty Mutual in 2018 as associate vice president, Americas M&A before …
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