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Insurance

Alliant Insurance Services Acquires Advanced Benefits in Idaho

By Hometown Insurance | April 23, 2024
Alliant Insurance Services, headquartered in Irvine, California, acquired Advanced Benefits, based in Coeur d’Alene, Idaho. Founded in 1993, Advanced Benefits offers employee benefit programs, and HR and compliance services. The entire Advanced Benefits team will join Alliant.
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Home Explosion in Maryland Senda 1 Man to Hospital

By Hometown Insurance | April 23, 2024
An explosion razed a home in suburban Baltimore, officials said, sending one person to the hospital for injuries and requiring aid from dozens of firefighters to douse the flames. Baltimore County fire officials said they were called to the scene …
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People Moves: MGA Nexus Taps Willett From Barents Re as Head of Development; PoloWorks Appoints CNA Hardy’s Borrel as Chief Risk Officer

By Hometown Insurance | April 22, 2024
This edition of International People Moves details appointments at Nexus Group and PoloWorks. A summary of these new hires follows here. MGA Nexus Taps Willett From Barents Re as Head of Development Nexus Group, the London-based specialty managing general agent, …
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J&J, Kenvue Told to Pay $45 Million to Baby Powder User’s Family

By Hometown Insurance | April 22, 2024
Johnson & Johnson and Kenvue Inc. were ordered to pay $45 million to the family of an Illinois woman who blamed the companies’ baby powders for giving her a fatal cancer in what was the first verdict against the J&J …
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What Do Countries and Companies Want in Global Plastic Treaty Talks?

By Hometown Insurance | April 22, 2024
Global leaders will gather in Canada’s capital this week to discuss progress in drafting a first-ever global treaty to rein in soaring plastic pollution by the end of the year. The hoped-for treaty, due to be agreed at the end …
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Parental Fury After Stem Cell Bank Ruins Thousands of Children’s Samples in Singapore

By Hometown Insurance | April 22, 2024
Thousands of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through improper handling. The ongoing case, one of the worst to hit …
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Europe Is Being Scorched and Flooded by Growing Climate Extremes

By Hometown Insurance | April 22, 2024
The European Union endured its joint-hottest year on record in 2023, according to new scientific analysis, pointing to a more perilous future for what is already the world’s fastest-warming continent. Europe experienced its largest wildfire on record last year, as …
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FTX Investors Settle With Bankman-Fried to Pursue Promoters

By Hometown Insurance | April 22, 2024
A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other defendants in a sprawling set of lawsuits over the cryptocurrency exchange’s collapse. The agreement, if approved …
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People Moves: McDonnell Succeeds Bridge as President of Vermont Mutual

By Hometown Insurance | April 22, 2024
The Vermont Mutual board of directors named Mark J. McDonnell president of Vermont Mutual Insurance Group. McDonnell is the 18th president, succeeding former president and current CEO Daniel C. Bridge, who will retire at the end of 2024. McDonnell joined …
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TN VW Employees Vote Overwhelmingly to Join United Auto Workers Union

By Hometown Insurance | April 22, 2024
CHATTANOOGA, Tenn. (AP) — Employees at a Volkswagen factory in Chattanooga, Tennessee, overwhelmingly voted to join the United Auto Workers union Friday in a historic first test of the UAW’s renewed effort to organize nonunion factories. The union wound up …
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