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Insurance

Six Killed When Train Strikes SUV at Unguarded Florida Rail Crossing

By Hometown Insurance | September 26, 2023
PLANT CITY, Fla. (AP) — Three adults, two teens and a child from an extended family died after their SUV was struck by a freight train at an unguarded crossing in central Florida, authorities said. Another adult remained hospitalized with …
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Student Sues Alabama Fraternity over Alleged Brain Injury from Hazing

By Hometown Insurance | September 26, 2023
TUSCALOOSA, Ala. (AP) — A student and his parents have filed a lawsuit against a University of Alabama fraternity, saying he suffered a traumatic brain injury while being hazed as a fraternity pledge earlier this year. The lawsuit filed last …
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James River Sells Individual Risk Workers Comp Renewal Rights to Amynta Group

By Hometown Insurance | September 26, 2023
James River Group Holdings Ltd. said some of its subsidiaries have entered into an agreement to sell the renewal rights to their Individual Risk Workers Compensation (IRWC) business to Amynta Group. The transaction includes the full operations of the business, …
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Automakers Delay Complying with Massachusetts Data Repair Law

By Hometown Insurance | September 26, 2023
An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking. The National Highway Traffic Safety Administration (NHTSA) …
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Antarctica’s Shrinking Sea Ice Hits Record Low, Alarming Scientists

By Hometown Insurance | September 26, 2023
At its largest expanse this year, sea ice covered less than 17 million square kilometers (6.6 million square miles) of the Antarctic — an area that is 1 million square kilometers (almost 400,000 square miles) smaller than the previous record …
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People Moves: Arch Insurance (Bermuda) Promotes Smith to MD After Hay Retires; Aon Taps Nichols From Aeolus as Global Reinsurance Clients Leader in Bermuda

By Hometown Insurance | September 26, 2023
This edition of International People Moves details appointments at Arch Insurance and Aon. A summary of these new hires follows here. Arch Insurance (Bermuda) Promotes Smith to MD after Hay Retires Arch Insurance (Bermuda) announced the appointment of Matthew Smith …
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Three-Quarters of Firms Globally Are Not Ready for New ESG Rules: KPMG Report

By Hometown Insurance | September 26, 2023
Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday. Stricter European Union, U.S. and global …
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Apple Supplier Pegatron to Halt Assembly at India Plant for Second Day After Fire

By Hometown Insurance | September 26, 2023
Apple supplier Pegatron has told its factory workers not to report for work on Tuesday, halting the assembly of iPhones for a second straight day at its south India factory where a fire broke out on Sunday, three sources told …
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Bermuda Public Services Remain Disrupted After Cyber Attack

By Hometown Insurance | September 26, 2023
Bermuda is working to restore public services that were halted after last week’s “sophisticated and deliberate” cyberattack on its government systems, the island’s premier, E. David Burt, said on Monday. Authorities are investigating who is behind the attack, and the …
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People Moves: AIG Appoints Dandridge Chief Marketing, Communications Officer; Heck New NAMIC Chair

By Hometown Insurance | September 26, 2023
AIG Appoints Dandridge EVP and Chief Marketing & Communications Officer American International Group, headquartered in New York, N.Y., hired Edward L. Dandridge as executive vice president and chief marketing and communications officer, effective Oct. 16. During his tenure at AIG, …
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