Posts by Hometown Insurance
Walmart’s DEI Compromise Holds Lessons for Corporate America
“Robby Starbuck has viewed your profile.” The LinkedIn alerts for Walmart Inc. executives started appearing on Nov. 18, offering an early signal that the anti-DEI campaigner was setting his sights on the biggest US private employer. Just a week later, …
Read More Woody Allen’s Personal Chef Sues Over Firing
Woody Allen ‘s former personal chef claims in a lawsuit that the filmmaker and his wife fired him because of his service in the U.S. Army Reserves and questions about his pay, then “rubbed salt on the wounds” by saying …
Read More Cyber Attack Shuts Down Rhode Island’s Social Services Portal
The state of Rhode Island is dealing with a cyber attack that has shut down a portal citizens use to access health insurance and other social services. Governor Dan McKee said that on Friday, December 13, the state was informed …
Read More House Committee Says It Finds Evidence of ‘Climate Cartel’
The House Judiciary Committee said it’s found “substantial evidence of collusion and anticompetitive behavior” by the financial industry to “impose radical ESG-goals” on US companies. An interim report published by the Republican-led committee said “a cartel” of financial firms and …
Read More Ruling on Field Stands: Philadelphia Eagles Denied Covid-19 Insurance Claim
The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the federal district for Eastern …
Read More International, Domestic Insurers Push Into Catastrophe-Hit US Property Markets
International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from storms, hurricanes and wildfires in recent years have caused some insurers, …
Read More People Moves: MMG’s McHatten Elected Chair of Insurance Information Institute
Matt McHatten, president and chief executive officer at MMG Insurance, is the new chair of the Insurance Information Institute’s (Triple-I) Executive Leadership Committee (ELC). McHatten succeeds Jennifer Kyung, CEO and founder of NextGen Underwriting and former P&C chief underwriting officer …
Read More People Moves: Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team; Arch Insurance Taps Laazaouzi From CNA Hardy as Senior Casualty U/W in France
This edition of International People Moves details appointments at the re/insurance MGA Rokstone and Arch Insurance. A summary of these new hires follows here. Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team Rokstone, the London-based speciality re/insurance …
Read More Largest Miss. Seafood Company Sentenced for Mislabeling Fish as Local
GULFPORT, Miss. (AP) — The largest seafood distributor on the Mississippi Gulf Coast and two of its managers have been sentenced on federal charges of mislabeling inexpensive imported seafood as local premium fish, weeks after a restaurant and its co-owner …
Read More Stricken Oil Tankers Show Risks of Russia’s Aging ‘Shadow Fleet’
Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two aging tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia’s “shadow fleet.” One crew …
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