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Insurance

Direct Connection in California Acquires Education Provider FastrackCE

By Hometown Insurance | July 21, 2023
Direct Connection Advertising & Marketing in California acquired FastrackCE, a state-approved provider insurance continuing education courses. With the acquisition, Direct Connection will now service existing and future FastrackCE customers. FastrackCE is a service for fulfilling insurance CE requirements in 34 …
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New York Technology Firm Sued for Not Hiring Deaf Engineer Who Is Deaf

By Hometown Insurance | July 21, 2023
A Rochester, New York technology firm has been charged with allegedly violating federal law by ending its interview with and failing to hire a qualified applicant for an engineering role because he is deaf. According to a lawsuit by the …
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Audit: California State University Campuses Mishandled Sexual Harassment Allegations

By Hometown Insurance | July 20, 2023
A flawed policy at California State University, the largest higher education system in the country, contributed to the closure of nearly a dozen sexual harassment cases without thorough explanation, according to a state audit reviewing 40 cases over the span …
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Federal Government to Allow Lease of Gulf of Mexico Areas for Wind Farms

By Hometown Insurance | July 20, 2023
GALVESTON — The federal government on Thursday announced the first-ever chance for companies to lease areas in the Gulf of Mexico to build wind farms, including two parcels roughly 30 miles off the Texas coast near Galveston. Renewable energy developers …
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Texas Oil Company Fined $1.3M for Excess Emissions

By Hometown Insurance | July 20, 2023
The Environmental Protection Agency levied a $1.3 million fine on a Texas oil and gas company for excess emissions from tanks, flares and other equipment the EPA using a helicopter equipped with a special infrared camera that identifies hydrocarbon leaks. …
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TD Garden Not Liable for Bruins Fan’s Slip-and-Fall

By Hometown Insurance | July 20, 2023
TD Garden’s owner Delaware North and its janitorial service are not liable for the injuries an attendee at a Boston Bruins hockey game suffered when he slipped and fell on the Boston arena’s concourse floor. Alexander Raheb had argued that …
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People Moves: DOXA Adds New Team to Launch Property MGA

By Hometown Insurance | July 20, 2023
DOXA Insurance Holdings Adds New Team to Launch Property MGA DOXA Insurance Holdings, headquartered in Fort Wayne, Ind., welcomed two new team members, Liz Coakley and Caitlin Murphy. Coakley and Murphy, senior-level underwriters with over 15 years of experience in …
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People Moves: RenRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan; AXIS Taps Former Corvus Exec as Head of Global Cyber & Technology

By Hometown Insurance | July 20, 2023
This edition of International People Moves details appointments at RenaissanceRe and AXIS Capital Holdings. A summary of these new hires follows here. RenaissanceRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan RenaissanceRe Holdings Ltd. announced that Robin Lang will …
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Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients

By Hometown Insurance | July 20, 2023
AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint and support action on carbon emissions. In partnership with ClimateSeed – a company that provides premium carbon removal and avoidance …
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US Fed Fines Deutsche Bank $186M for Failing to Beef Up Money Laundering Controls

By Hometown Insurance | July 20, 2023
The Federal Reserve said on Wednesday it fined Deutsche Bank and its U.S. affiliates $186 million for failing to sufficiently address money laundering control problems and other shortcomings previously flagged by the U.S. central bank. The new penalty for lingering …
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