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Insurance

EU Chief’s Plane Affected by Alleged Russian GPS Jamming

By Hometown Insurance | September 2, 2025
A plane carrying European Commission President Ursula von der Leyen was disrupted by what authorities suspect was Russian signals interference in Bulgaria. Authorities in Bulgaria have determined that the GPS jamming incident, which affected the plane’s navigation system as it …
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AvonRisk Acquires Texas’ AS&G Claims Administration and Care Logic

By Hometown Insurance | September 2, 2025
AvonRisk, a national provider of risk management, claims administration, and managed care services, announced today that it has acquired AS&G Claims Administration, Inc., and Care Logic, Inc., a Houston, Texas-based third-party administrator specializing in workers’ compensation, auto liability, general liability, …
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Nestle Plunged Into Turmoil as CEO Fired Over Undisclosed Relationship

By Hometown Insurance | September 2, 2025
Nestle has fired its CEO Laurent Freixe after just one year in the job after an investigation into an undisclosed “romantic relationship,” ousting its second CEO in a year and throwing the Swiss food giant into its deepest leadership chaos …
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People Moves: Caffrey to Become CEO of White Mountains in 2026

By Hometown Insurance | September 2, 2025
White Mountains Insurance Group said today that its Board of Directors unanimously promoted Liam Caffrey as chief executive officer, effective January 1, 2026. Caffrey will succeed CEO Manning Rountree, who will retire at the end of the year. Caffrey currently …
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Markets/Coverages: Willis Launches Specialty Bloodstock Insurance Solution in UK

By Hometown Insurance | September 2, 2025
Willis, a business of WTW, has launched the first specialty bloodstock insurance solution with Equine MediRecord to make the purchasing of bloodstock insurance more accessible and efficient for horse owners and trainers in the UK. Willis have signed a deal …
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Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury

By Hometown Insurance | September 2, 2025
The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of a deadly crash, arguing that their lawyers had misled the jury by improperly bringing up the billionaire during the trial. …
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Delaware Governor Vetoes Bill to Loosen Marijuana Zoning Regulations

By Hometown Insurance | September 2, 2025
Gov. Matt Meyer vetoed a bill last Thursday that would have loosened regulations around where marijuana businesses can locate in Delaware, likely further delaying the growth of the weeks-old industry. But the governor also offered a competing proposal on such …
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Cyberattack on Evertec’s Sinqia Hits HSBC, Others in Brazil

By Hometown Insurance | September 2, 2025
Hackers on Friday broke into Sinqia, a financial technology provider owned by Evertec, attempting to steal around 420 million reais ($77.4 million) from several Brazilian financial institutions including HSBC Holdings Plc’s local operations, O Globo reported. Cyber criminals invaded Sinqia’s …
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DHS Secretary Noem Fires Two Dozen at FEMA Citing Cyber Lapses

By Hometown Insurance | September 2, 2025
Homeland Security Secretary Kristi Noem announced that she fired two dozen employees from the Federal Emergency Management Agency after a review determined significant flaws had allowed a hacker to access to FEMA’s network. The employees “brazenly neglected basic security protocols,” …
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New Jersey Seeks Limits on Nonessential Helicopter Flights Citing Fatal NY Crash

By Hometown Insurance | September 2, 2025
New Jersey’s governor is asking federal officials to impose restrictions on nonessential helicopter flights in his state after a New York City sightseeing helicopter broke apart in midair in April, killing six people. Gov. Phil Murphy, in an Aug. 18 …
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