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Insurance

BHP, Rio Pressured Women to Sign NDAs After Sexual Harassment Complaints: Lawyer

By Hometown Insurance | December 12, 2024
BHP and Rio Tinto have used confidentiality agreements to prevent female employees from speaking about sexual harassment at work, according to a lawyer leading Australian class action lawsuits against the miners. Brisbane-based law firm JGA Saddler filed a class action …
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Top Carriers Connecting: How Agents Rank Insurers On Digital Experience

By Hometown Insurance | December 12, 2024
Carriers are on the hunt for quality agencies to make new appointments, according to a new report, which also found that the top way they’re finding them is at industry tradeshows and events. While face-to-face connectivity still works to corral …
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Hacking Rooftop Solar Is a Way to Break Europe’s Power Grid

By Hometown Insurance | December 12, 2024
All it takes is one hacker and a batch of faulty solar panels to threaten the safety of Europe’s electric grid. Vangelis Stykas, a cybersecurity consultant, said he figured out how to do it. Using a laptop and smartphone at …
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BMS Group to Acquire Spanish Broker Rasher and Its Latin American Subsidiaries

By Hometown Insurance | December 12, 2024
BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the leading insurance broker Rasher, subject to regulatory approvals. The Rasher business is based in Spain, with Latin American subsidiaries in …
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Hermes Family in Talks to Invest in French Insurer Albingia

By Hometown Insurance | December 12, 2024
A family office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in an investment that signals a goal to diversify their wealth away from luxury. Krefeld Invest, the family office of heirs …
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Relm Launches 50-State MGA to Be Led by Lavigne

By Hometown Insurance | December 12, 2024
Specialty carrier Relm Insurance said it has launched a managing general agent licensed in all 50 states. Relm also said Keith Lavigne has joined as head of underwriting – US. He will report to Relm CEO and founder Joseph Ziolowski. …
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Guy Carpenter to Research Parametric Solutions in California, Florida

By Hometown Insurance | December 12, 2024
Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks. The effort will focus on the use of a “community-based parametric reciprocal exchange,” the …
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HUB Survey: Most HNW Clients Say Insurance Is Tough to Find

By Hometown Insurance | December 12, 2024
Looking ahead, high-net-worth individuals will need to look to alternative risk-transfer solutions and take part in risk mitigation to get insurance coverage, according to brokerage Hub International. A recent HUB survey of HNW individuals and advisors found more are worried …
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People Moves: Lockton Promotes Metzheiser to CEO Southeast Role

By Hometown Insurance | December 12, 2024
After serving as president of Lockton’s Southeast region for 20 years, Neil Metzheiser has been named CEO of the region, based in Atlanta. Metzheiser became president of Lockton Southeast in 2004 and was a producer. Before that, he worked with …
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Kroger’s $24.6 Billion Albertsons Deal Blocked by Judges

By Hometown Insurance | December 12, 2024
A federal judge blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for US grocery shoppers, in a ruling that marks a likely death knell for the deal. In a decision filed Tuesday, US …
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