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Insurance

Families Blame Faulty Vehicle for Ship Fire That Killed Two New Jersey Firefighters

By Hometown Insurance | October 10, 2023
The families of two New Jersey firefighters who were killed battling a July blaze inside a cargo ship said Friday a malfunctioning vehicle being used to load cargo onto the ship caused the fire. Relatives of Newark firefighters Captains Augusto …
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Lindberg’s Retrial, Set for Nov. 6, Could be Delayed Due to Co-Defendant’s Motion

By Hometown Insurance | October 6, 2023
The second trial for former insurance mogul Greg Lindberg, accused of attempting to bribe the North Carolina insurance commissioner, could be delayed, thanks to a co-defendant’s legal representation issues. Lindberg, who created a complex web of life insurance and other …
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Atlanta to Pay $3.75M to Family of Man Who Died After Being Handcuffed and Held Down

By Hometown Insurance | October 6, 2023
ATLANTA (AP) — The city of Atlanta will pay $3.75 million to the family of a Nebraska man who died after police handcuffed him face down. The City Council approved the settlement Monday, The Atlanta Journal-Constitution reported, after the Fulton …
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Tech Update: Re/Insurance Communications Platform ‘fuse’ Launches

By Hometown Insurance | October 6, 2023
A communications platform called “fuse” has been launched for the global commercial insurance and reinsurance industry. Fuse promises retail, wholesale and reinsurance brokers, insureds, insurers and reinsurers a web-based platform to connect and speed re/insurance transactions to placement. Available 24/7, …
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Tesla Engineer Defends ‘Full Self-Driving’ Name at Crash Trial

By Hometown Insurance | October 6, 2023
A Tesla engineer in court on Wednesday rejected a lawyer’s suggestion that the company named its driver-assistant feature “Full Self-Driving” because it wanted people to believe that its systems had more abilities than was really the case. The electric-vehicle maker …
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People Moves: Aon Appoints Reinsurance Leaders in Brazil, Peru; Markel Names Styles Head of Cargo; Arch Global Mortgage Group Promotes Fearon to CEO, Int’l Mortgage

By Hometown Insurance | October 6, 2023
This edition of International People Moves details appointments at Aon plc, Markel and Arch Capital’s Global Mortgage Group. A summary of these new hires follows here. Aon Promotes Solano, Diaz as Brazil and Peru Reinsurance Leaders Insurance broker Aon plc …
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People Moves: Jaipuriyar and Kotlyar Join MEMIC IT Team

By Hometown Insurance | October 6, 2023
Jaipuriyar and Kotlyar Join MEMIC IT Team MEMIC, headquartered in Portland, Maine, has named two new information technology leaders. The company appointed Ruchir Jaipuriyar as vice president of information technology. Jaipuriyar most recently served as director of data services at …
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Aon Plc Acquires India’s Global Insurance Brokers

By Hometown Insurance | October 6, 2023
Global Insurance Brokers, a major provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent, announced its acquisition by Aon plc. Financial details of the deal, which is subject to regulatory approval, were not disclosed. Aon and …
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Brazilian Prosecutors Seek to Ban Popular Herbicide Atrazine

By Hometown Insurance | October 6, 2023
Brazilian labor prosecutors have requested a court order to ban the use of atrazine, which is present in 5% of pesticides sold in the country, the prosecutors said on Thursday. National health regulator Anvisa, which would be forced to cancel …
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2023 on Track to Become Hottest Year on Record: EU Climate Service

By Hometown Insurance | October 6, 2023
This year is on track to become the hottest since at least 1940, the European Union’s Copernicus Climate Change Service said on Thursday. Scientists have said climate change, combined with this year’s El Nino weather pattern that warms surface waters …
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