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Insurance

On North Carolina Rivers, Cleanup from Helene Seems Never-Ending

By Hometown Insurance | September 26, 2025
Bracing himself against the current in waist-deep water, Clancy Loorham wrestles a broken length of PVC pipe from the rocky bottom of the French Broad River and peers inside. “I got a catfish in the pipe,” the 27-year-old with wispy …
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Jury Awards $205M to Parents of Girl Who Fell to Death at Colorado Amusement Park

By Hometown Insurance | September 26, 2025
A jury has awarded $205 million to the parents of a 6-year-old girl who fell to her death at a Colorado amusement park after she wasn’t strapped into a ride. The verdict was reached in Glenwood Springs, where Wongel Estifanos …
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Robbery, Grow Lights and Lounges Among Top Cannabis Industry Risks

By Hometown Insurance | September 26, 2025
From cultivation to cash registers, cannabis-related claims can face special challenges. When asked about the biggest exposures in the cannabis industry, Beth Ossino, claims manager at Golden Bear Insurance Company, pointed to theft and robbery. During Insurance Journal’s annual Insuring …
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People Moves: Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK; Ryan Re Taps Berkshire Hathaway’s Gorman as Head of Facultative and Facilities

By Hometown Insurance | September 26, 2025
This edition of International People Moves details appointments at Covéa Insurance and Ryan Re Underwriting Managers. A summary of these new hires follows here. Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK Covéa Insurance, the UK …
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Family’s Lawyers Say Disability Wasn’t a Factor in Universal’s Rollercoaster Death

By Hometown Insurance | September 26, 2025
Attorneys for the family of a man who died last week after riding a roller coaster at Universal Orlando Resort’s newest theme park said Monday that they believe he smacked his head on a restraint during downward thrusts and was …
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Britain Considers Support for Jaguar Land Rover’s Suppliers After Cyberattack

By Hometown Insurance | September 26, 2025
Britain’s government is considering providing financial support for carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source said on Thursday. The luxury carmaker owned by India’s Tata Motors has three …
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Denmark Warns Russian Sabotage Likely as Another Drone Suspected

By Hometown Insurance | September 26, 2025
Denmark’s Prime Minister Mette Frederiksen warned Danes to brace for more hybrid attacks, pointing to Russia as Europe’s main security threat, just before a suspected drone sighting disrupted air traffic in Denmark for the third time in a week. Authorities …
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People Moves: MSIG Holdings USA Names Sullivan Board Chair; Chubb Promotes Gaspero to Oversee Excess Casualty Major Accounts

By Hometown Insurance | September 26, 2025
MSIG Holdings USA Names Sullivan Board Chair MSIG USA, headquartered in Warren, New Jersey, appointed Martin J. Sullivan, chairman by the board of MSIG Holdings (U.S.A.), Inc. With more than five decades of experience in insurance and financial services, Sullivan …
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Britain Wants Social Mobility But Private Schools Still Dominate

By Hometown Insurance | September 26, 2025
Despite increasing corporate efforts to hire from more diverse backgrounds, private school alumni remain dominant among the most powerful positions in British society, according to a sprawling new report on social mobility in the United Kingdom. New data from social …
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Meta Set to Face EU Finding it Failed to Police Illegal Posts

By Hometown Insurance | September 26, 2025
Meta Platforms Inc. is set to face a charge sheet from the European Union for failing to adequately police illegal content, risking fines for violating the bloc’s content moderation rulebook. The European Commission is preparing to issue preliminary findings saying …
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