Posts by Hometown Insurance
Arthur J. Gallagher & Co. Acquires Brokerages in Canada and Australia
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered insurance brokerage, risk management and consulting services firm, announced the acquisition of a Canadian and Australian insurance brokerages. In Canada, Gallagher purchased Sault Ste. Marie, Ontario-based Dawson & Keenan Insurance Ltd. …
Read More GM to Sell Stake in Michigan EV Battery Plant to LG Energy
General Motors Co. is selling its stake in an electric-vehicle battery plant in Lansing, Michigan, to South Korean partner LG Energy Solution, recouping about $1 billion in investment from a facility that will still supply energy cells to the automaker’s …
Read More Oklahoma Farm Fined $72K for Denying Workers Overtime Pay
The U.S. Department of Labor has obtained a consent judgment and injunction to recover $72,000 in back wages and liquidated damages for 20 workers whose Oklahoma employer misapplied the agriculture exemption to retail workers and did not pay overtime to …
Read More Venture Global LNG Considers Fifth Export Project in Louisiana
Venture Global LNG Inc. is considering building a fifth project on the US Gulf Coast that would put it on track to become the nation’s largest exporter of the fuel, according to a document seen by Bloomberg. The project, named …
Read More Ohio Manufacturer Faces $255K Fine After Worker Suffers Partial Amputation
The U.S. Department of Labor has cited a Portsmouth, Ohio hardwood floor manufacturer with a long history of federal safety violations after the company reported a 23-year-old worker suffered a partial arm amputation while troubleshooting a rip saw machine at …
Read More People Moves: Hatchette Named Deputy Insurance Commissioner in Maryland
Joy Y. Hatchette has been named deputy commissioner of the Maryland Insurance Administration (MIA). Acting Maryland Insurance Commissioner Marie Grant announced the appointment of Hatchette, who since 2004, has served as the associate commissioner for consumer education and advocacy. She …
Read More People Moves: Ryan Specialty Underwriting Managers Int’l Names Birrell Exec Chair, Montgomery as CEO;
This edition of International People Moves details appointments at Ryan Specialty and Howden Re. A summary of these new hires follows here. Ryan Specialty Underwriting Managers Int’l Names Birrell Exec Chair, Montgomery as CEO Ryan Specialty, the Chicago-based specialty insurance …
Read More UK Business Activity Set to Shrink in Wake of Budget, CBI Says
Business activity in the UK is on course to shrink for the first time in more than two years as companies cut jobs and rein in investment following the budget, according to the Confederation of British Industry’s monthly growth indicator. …
Read More Zurich Completes $600M Buy of AIG’s Travel Insurance Business
Zurich Insurance Group said Tuesday its acquisition of American International Group’s global personal travel insurance business is complete. Zurich said the acquisition of AIG’s personal travel insurance and assistance business, including Travel Guard, for $600 million makes it one of …
Read More Hoboken Dealing With Ransomware Attack
The city of Hoboken, New Jersey has reported it was the victim of a ransomware attack in the early hours of last Wednesday, November 27. Due to the November 26 cyber attack, City Hall and the municipal court were closed …
Read More