Posts by Hometown Insurance
Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz
Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital business. Under this newly formed platform, Ascot has also announced that the company …
Read More Greece Braces for More Wildfires While Storm Lilian Crosses UK
Greek wildfire risks increased as temperatures climb and near gale force winds blow across the Aegean Sea, while Storm Lilian is battering parts of the UK. There is a very high risk of fires in Athens and the surrounding Attica …
Read More People Moves: Miraglia and Rusas Join Alliant M&A from WTW; Embroker’s Maletsky Joins Hiscox’s Tech E&O
Alliant Insurance Services, headquartered in Irvine, California, hired Peter Miraglia as executive vice president, Alliant Specialty, within the company’s mergers & acquisitions vertical. Miraglia brings over three decades of insurance industry experience with specialized expertise in private equity transactions. Based …
Read More People Moves: DiPhilippo Joins Alliant Employee Benefits; Cormier Joins Alliant Americas in Boston
DiPhilippo Joins Alliant Insurance Services’ Employee Benefits Team Alliant Insurance Services, headquartered in Irvine, California, hired Anthony DiPhilippo as vice president, employee benefits, health and welfare consultant within its employee benefits group. DiPhilippo will grow and retain employee benefits and …
Read More Ping An Profit Rises Nearly 7% as Market Recovery Bolsters Returns
Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster investment returns at China’s second-largest insurer by market value. Net income climbed to 74.6 billion yuan ($10.5 billion) in the …
Read More Vanderbilt Plans $520 Million Palm Beach Campus, Tapping into Migration of Wealth
Vanderbilt University is asking local Florida officials to approve its proposal to build a $520 million campus in the wealthy Palm Beach area, tapping into a growing region transformed by new outposts of financial firms. The Nashville-based school envisions buildings …
Read More WV Volunteer Fire Official Pleads to Insurance Fraud After Burning Down His Home
A former West Virginia volunteer fire official is awaiting sentencing after he admitted to setting fire to his home, filing an insurance claim, and using the fire department’s credit card for personal gain. Donald A. Ennis, 43, of St. Albans, …
Read More Scrap Metal Dealer Pleads Guilty in Multistate Catalytic Converter Theft Conspiracy
A scrap metal dealer with a Virginia shop pled guilty this week to theft and tax charges related to his participation in a multi-state catalytic converter theft conspiracy. According to court documents, Theodore Nicholas Papouloglou, 45, used his business, DG …
Read More Acquitted Yale Student Sues Women’s Groups for Calling Him a Rapist
An expelled Yale University student who was acquitted of sex assault charges in 2018 is now suing 15 women’s advocacy groups and an attorney for defamation after being called a “rapist” in a court brief that they filed in a …
Read More Frequency of Deadly Hurricanes Has Jumped 300%
New research indicates that what used to be the 100-year hurricane will now happen every 25 years, according to Deep Sky Research, a Montreal-based carbon removal project developer. The new report analyzes data within the U.S. via its Hurricane Rainfall …
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