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Insurance

People Moves: Lloyd’s Makes Executive Team Changes

By Hometown Insurance | June 2, 2025
Lloyd’s, headquartered in London, the world’s leading marketplace for insurance and reinsurance market for global risk, made several new appointments and updates to its executive team. Rachel Turk is appointed as chief of market performance and will join the Council …
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People Moves: BevCap Names Dinardo as SVP of Captive Operations

By Hometown Insurance | June 2, 2025
BevCap Management, a program manager for casualty and medical stop loss captive insurance companies in multiple domiciles, announced that Dawn Dinardo has joined its team as SVP of Captive Operations. With nearly 20 years of experience in captive insurance management, …
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Northern US Mayors Call for End to ‘Irrational’ Trade War With Canada

By Hometown Insurance | June 2, 2025
Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities and upended one of the world’s most successful economic relationships. …
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Inmates Clear Tornado Damage to Free Oklahoma Family Stuck for Over a Week

By Hometown Insurance | June 2, 2025
A work crew of incarcerated people cleared the way for a woman and her three children to finally leave their rural Oklahoma property more than a week after a tornado caused widespread damage, state officials said. The crew was still …
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Texas Lawmakers Spike Bills to Study, Restrict PFAS

By Hometown Insurance | June 2, 2025
FORT WORTH — Rising public concern in Texas over PFAS, or “forever chemicals” linked to cancer, infertility and immune disorders sparked lawmakers to file half a dozen bills to study the chemicals, regulate them in sewage sludge and ban them …
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Google to Spend $500M Revamping Compliance in Shareholder Settlement

By Hometown Insurance | June 2, 2025
Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement papers show. The preliminary settlement of so-called derivative litigation against officials at Google …
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Army Corps Finds Great Lakes Pipeline Tunnel Would Have Major Environmental Impacts

By Hometown Insurance | June 2, 2025
Building an underground tunnel for an aging Enbridge oil pipeline that stretches across a Great Lakes channel could destroy wetlands and harm bat habitats but would eliminate the chances of a boat anchor rupturing the line and causing a catastrophic …
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LA City Council Passes Budget That Trims Fire, Police Spending

By Hometown Insurance | June 2, 2025
The Los Angeles City Council approved a $13.9 billion budget proposal for the next fiscal year on Friday, trimming Mayor Karen Bass’s plans to increase public safety spending, in an effort to reduce layoffs amid a nearly $800 million deficit. …
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Administration Reverses Course on Planned Closure of Mine Safety Offices

By Hometown Insurance | June 2, 2025
CHARLESTON, W.Va. (AP) — The Trump administration is dropping plans to terminate leases for 34 offices in the Mine Safety and Health Administration, the agency responsible for enforcing mine safety laws, the Department of Labor said Thursday. Earlier this year, …
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Supreme Court Leaves Intact ‘Assault Weapons’ Bans for Now

By Hometown Insurance | June 2, 2025
A divided US Supreme Court declined to consider a new expansion of constitutional gun rights, turning away challenges to a Maryland ban on so-called assault weapons and a Rhode Island prohibition on high-capacity magazines. The justices left intact federal appeals …
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