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Insurance

People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships

By Hometown Insurance | August 22, 2025
This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead Transportation & Logistics Insurance broker Aon plc …
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New Jersey Compensation Bureau Back Online After Cyber Incident

By Hometown Insurance | August 22, 2025
The New Jersey Compensation Rating & Inspection Bureau is mostly back online following a cybersecurity event that caused it to shut down its network more than two weeks ago. The workers’ compensation agency said it “experienced suspicious activity” on August …
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Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse

By Hometown Insurance | August 22, 2025
The U.S. gymnastics world was only just recovering from a devastating sexual abuse scandal when a promising young coach moved from Mississippi to Iowa to take a job in 2018 at an elite academy known for training Olympic champions. Liang …
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Postal Services Across Globe Pause US Deliveries as Tariff Shift Sows Confusion

By Hometown Insurance | August 22, 2025
Postal services across the world are suspending parcel deliveries to the US, citing confusion about how to process millions of low-value packages that will lose their duty-free treatment next week. As of Aug. 29, President Donald Trump is ending the …
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Texas Lawmakers Advance Flood Bills With Grieving Parents in Attendance

By Hometown Insurance | August 22, 2025
Nearly seven weeks ago on July 4, the Guadalupe River raged out of its banks and killed more than 130 people, including two teenage counselors and 25 young girls at Camp Mystic who had been asleep in their cabins before …
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US Halts Visas for Truck Drivers After Fatal Florida Crash

By Hometown Insurance | August 22, 2025
The US will stop issuing worker visas for commercial truck drivers, Secretary of State Marco Rubio said Thursday, the latest in a series of Trump administration moves to clamp down on foreign workers. “Effective immediately we are pausing all issuance …
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People Moves: Marsh Names Global, US Aviation and Space Leaders; Ryan Appoints Ferguson CEO of US Assure

By Hometown Insurance | August 22, 2025
Marsh Appoints Glod as Global Head of Aviation and Space; Ambrose as Global Chairman; Kline to Lead US Aviation and Space Business Marsh appointed Brian Glod as global head of aviation and space and Tony Ambrose as global chairman of …
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Two More Beach Homes Near Collapse as Erin’s Waves Pound NC Outer Banks

By Hometown Insurance | August 22, 2025
Two homes on the North Carolina Outer Banks sit precariously in the high waves with their days seemingly numbered. Since 2020, 11 neighboring homes have fallen into the Atlantic Ocean. While the swells from storms like Hurricane Erin make things …
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Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?

By Hometown Insurance | August 22, 2025
Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During the January 2023 renewals, the global reinsurance market saw a significant recalibration, which …
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Two Workers Sue Over New York City Legionnaires’ Disease Outbreak

By Hometown Insurance | August 22, 2025
Two construction workers who contracted Legionnaires’ disease while working at a site in New York City have filed lawsuits against two construction management firms they allege should be held responsible for the workplace conditions that caused them to contract the …
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