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Insurance

Construction/Engineering Sector Ranks BI/Supply Chain Disruption as Top Risk

By Hometown Insurance | June 23, 2023
Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by soaring construction costs, supply chain disruptions and labor shortages, according to a report published by Allianz Global Corporate & Speciality …
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East Palestine Community Struggles to Trust Authorities and Norfolk Southern After Train Disaster

By Hometown Insurance | June 23, 2023
The Norfolk Southern Corp. train was on fire when it passed Jessica Conard’s backyard in East Palestine, Ohio. Conard was lying in bed, blinds closed, unaware of the catastrophe barreling into her hometown. “My first realization that something was up …
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Thousands Remain Without Power in Oklahoma and Louisiana After Weekend Storms

By Hometown Insurance | June 23, 2023
TULSA, Okla. (AP) – Thousands of residents in Oklahoma and Louisiana remained without electricity Wednesday as work crews continued to repair power lines damaged by weekend storms. In Tulsa, Oklahoma, less than 92,000 customers remained without power after three tornadoes …
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In 2021 US Firearm Fatalities Reached Record Highs for Second Straight Year: Report

By Hometown Insurance | June 23, 2023
Newswise — A new report from the Johns Hopkins Center for Gun Violence Solutions analyzing 2021 Centers for Disease Control and Prevention data reveals another record year for firearm fatalities. The 48,830 lives lost to firearms in 2021—the second year …
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PwC Probes Security Incident Tied to Russian-Speaking Clop Cyber Gang

By Hometown Insurance | June 23, 2023
A criminal hacking gang has added more names to its lists of alleged victims from a recent campaign that exploited a vulnerability in a popular file-transfer product. The group, known as Clop, threatened to post internal data from professional services …
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People Moves: Aspen Appoints Tartaglia SVP, COO, Insurance; Alliant Insurance Services Makes Senior-Level Hires

By Hometown Insurance | June 23, 2023
Aspen Appoints Tartaglia SVP, COO, Insurance Aspen Insurance Holdings Limited has appointed Robert Tartaglia to the newly created position of SVP, chief operations officer, insurance, starting July 3. Tartaglia will be based in Aspen’s Jersey City, New Jersey offices. Tartaglia …
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MLB Sued by 17 Ex-Scouts Over Age Discrimination

By Hometown Insurance | June 23, 2023
Seventeen former Major League Baseball scouts who say they were discriminated against because of their age sued the league, its teams and Commissioner Rob Manfred on Wednesday. The lawsuit was filed in U.S. District Court in Denver. The former scouts …
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World Insurance Acquires The Mogil Organization of New York City

By Hometown Insurance | June 23, 2023
World Insurance Associates announced that it acquired the business of The Mogil Organization LLC of New York, New York. Terms of the transaction were not disclosed. Since 1957, Mogil has offered corporate and personal insurance to businesses and families. Mogil …
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Massachusetts Judge Rejects Auto Insurance Class Action Over Diminished Value

By Hometown Insurance | June 23, 2023
A judge in Massachusetts has denied class certifications for claimants seeking payment from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then repaired. Suffolk County Superior Court Justice Kenneth W. Salinger …
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Court Temporarily OKs ‘Sensitive’ Places But Not Insurance Rule of New Jersey Gun Law

By Hometown Insurance | June 23, 2023
A federal appeals court has temporarily agreed to keep part of New Jersey’s handgun carry law in effect as court proceedings play out. The Third Circuit Court of Appeals on Tuesday granted the state attorney general’s request to keep part …
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