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Insurance

Tesla Cited by U.S. Regulators Over Worker’s Death in Texas

By Hometown Insurance | February 20, 2025
Federal regulators have cited Tesla TSLA.O for violating workplace safety rules in connection with the electrocution of a worker last summer at its Austin, Texas, auto-manufacturing plant. The U.S. Department of Labor confirmed the findings in a statement to Reuters. …
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People Moves: Allianz Commercial Names Martin as Chief Risk & Resilience Officer; AXA XL Promotes Dores to Country Manager, Iberia

By Hometown Insurance | February 20, 2025
This edition of International People Moves details appointments at Allianz Commercial and AXA XL. A summary of these new hires follows here. Allianz Commercial Names Martin as Chief Risk & Resilience Officer Allianz Commercial announced that Aymeric Martin, currently chief …
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Arthur J. Gallagher Announces Acquisitions of 2 Firms in Northeast

By Hometown Insurance | February 20, 2025
Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Waltham, Massachusetts-based Agilis Partners LLC. Agilis is an investment and retirement plan consulting firm with offices in greater Boston, New York and Denver. According to the announcement, Tom …
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Oil Tankers Rocked by Mystery Blasts After Trips to Russia

By Hometown Insurance | February 20, 2025
At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the blasts happening. Nobody has claimed responsibility for the incidents, three of …
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New UK-Based Climate Group Emerges as Banks Retreat

By Hometown Insurance | February 20, 2025
It was a dank, drizzly February evening when about 120 people gathered in the brightly lit art gallery of London’s Guildhall, surrounded by gold-framed paintings ranging from Pre-Raphaelites to realists. At the event, Alok Sharma, a former member of the …
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Former Florida Broker, Others Charged in Insurance Fraud Schemes

By Hometown Insurance | February 20, 2025
One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three people were arrested at a medical clinic for …
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CIAB: Commercial Premiums Rise 5.4% Overall in Q4 2024

By Hometown Insurance | February 20, 2025
2024 ended as steady as ever – with “no real change in current market conditions” – as respondents of a recent survey reported most lines of business in the last quarter had average increases in premiums about the same or …
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Florida Rushing to Enforce New Immigration Laws. Here’s What to Know

By Hometown Insurance | February 20, 2025
TALLAHASSEE, Fla. (AP) — Days after Gov. Ron DeSantis signed off on immigration legislation he says is the toughest in the nation, Florida’s Republican leaders have named the director of the new state board of immigration enforcement: an architect of …
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EPA Submits to Congress Approved EV Plan Adopted by 11 States

By Hometown Insurance | February 20, 2025
The U.S. Environmental Protection Agency said on Wednesday it has submitted the Biden administration’s approval of California’s landmark plan to end the sale of gasoline-only vehicles by 2035 to Congress for review and potential repeal. The decision by the new …
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Delta Offers $30,000 to Each Passenger in Toronto Crash Landing

By Hometown Insurance | February 20, 2025
Delta Air Lines Inc. is offering $30,000 to every passenger aboard a regional jet flight that came to rest upside down after crash landing at a Toronto airport earlier this week. The payments are “a good-faith gesture” that have “no …
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