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Posts by Hometown Insurance

Kaplansky Insurance Buys 3 Massachusetts Agencies

By Hometown Insurance | January 21, 2025
Kaplansky Insurance has acquired two central Massachusetts insurance agencies and a third in the western part of the state. The agencies acquired are Buckley Insurance and Mobilio Insurance in Worcester and Pijar Insurance in Holyoke. Buckley Insurance serves clients in …
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Generali, BPCE to Form Europe’s Second-Largest Asset Manager

By Hometown Insurance | January 21, 2025
Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset manager amid a deal wave in the industry. The two firms signed a non-binding memorandum of understanding for a joint …
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People Moves: SCOR UK Promotes Mummé-Young to CUO; QBE Taps Allianz’s Marega for New Role as European Product Manager, Professional Indemnity

By Hometown Insurance | January 21, 2025
This edition of International People Moves details appointments at SCOR UK and SCOR Syndicate as well as QBE. A summary of these new hires follows here. SCOR UK Promotes Mummé-Young to CUO SCOR announced the appointment of Henry Mummé-Young as …
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Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories

By Hometown Insurance | January 21, 2025
A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the island’s weather administration said, with reports of minor damage. Chipmaker TSMC said it had evacuated staff at its factories in …
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UK’s Reeves to Meet Key Financial Services Sectors

By Hometown Insurance | January 21, 2025
British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking and insurance, over the coming months to formulate a new growth and competitiveness strategy. “I am committed to working hand-in-hand …
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EEOC Sues Two Automakers, Alleging Discrimination and Harassment

By Hometown Insurance | January 21, 2025
The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto Workers of age discrimination and the Stellantis unit that includes Chrysler of subjecting female employees to sexual harassment. GM and …
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Walgreens Ignored Red Flags in Dispensing Opioids, US Says

By Hometown Insurance | January 21, 2025
The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across the US while ignoring red flags that the prescriptions were likely illegal. The lawsuit claims Walgreens pharmacists filled millions of …
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Michigan Adult Care Company to Pay $170K in EEOC Lawsuit

By Hometown Insurance | January 21, 2025
PACE Southeast Michigan, a company providing all-inclusive care for the elderly, will pay $170,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s …
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Extreme Cold and Record Snowfall to Test Texas Power Grid

By Hometown Insurance | January 21, 2025
A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep freeze that endangers oil and natural gas output and electrical grids. Snow and sleet began dropping Monday night in Houston, …
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Insurtechs’ Approach to Wildfire Insurance: Part I – Delos

By Hometown Insurance | January 21, 2025
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …
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Recent Posts

  • People Moves: Everest Global Wholesale & Specialty Names 2 Key Leaders, Buonpane and Stewart; TMK Appoints Barnes as Departmental Head of Marine & Energy
  • Markets/Coverages: Zurich Launches Life Sciences Insurance Offering in Europe
  • St. Pete Mayor Accepts $275M Bid to Redevelop Tropicana Field Area for Housing
  • Missouri Restaurant Settles EEOC Sexual Harassment Lawsuit
  • Missouri Restaurant to Settle EEOC Sexual Harassment Lawsuit

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