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Posts by Hometown Insurance

People Moves: Willis Re Names Former Guy Carpenter Exec Fletcher as CEO of Bermuda; Aon’s Reinsurance Solutions Announces Retirement of Thofern as CEO for Germany

By Hometown Insurance | June 11, 2026
This edition of International People Moves details appointments at Willis Re and Aon’s Reinsurance Solutions business. A summary of these new hires follows here. Willis Re Names Former Guy Carpenter Exec Fletcher as CEO of Bermuda Willis Re, an international …
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Markets/Coverages: Westfield Specialty Launches UK & Europe Liability Portfolio

By Hometown Insurance | June 11, 2026
Westfield Specialty Launches New UK/Europe Liability Portfolio, Hiring 2 Execs From Everest Westfield Specialty International has expanded its casualty offering by launching a new UK and Europe liability portfolio, appointing Keith Knight, class underwriter, and Andy Skinner, deputy class underwriter, …
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Markets/Coverages: Berkshire’s GUARD Starts New Contractors GL, Inland Marine

By Hometown Insurance | June 11, 2026
Berkshire Hathaway GUARD Insurance Companies announced the launch of a contractors general liability and inland marine solution, expanding its small commercial product suite to meet the needs of artisan contractors. The new offering through AmGUARD Insurance Company is initially available …
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Lockton Reports Organic Revenue Growth of 11% for Fiscal Year 2026

By Hometown Insurance | June 11, 2026
Lockton, the privately held, independent insurance brokerage, reported strong financial results for fiscal year 2026, with global revenues increasing 12% year over year to approximately $4.5 billion, with organic growth of 11%. This performance marks Lockton’s sixth consecutive year of …
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Ford to Recall More Than 548,000 US Vehicles Over Defective Center Console

By Hometown Insurance | June 11, 2026
Ford is recalling 548,463 vehicles in the United States over an issue with the center console, the U.S. National Highway Traffic Safety Administration said on Thursday. The issue relates to the console’s chrome plating, which may bubble and peel over …
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WTW: US Commercial Rates Continue Moderation With 2.5% Increase in Q1

By Hometown Insurance | June 11, 2026
U.S. commercial insurance rates increased 2.5% in the first quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “The first quarter results reflect a continuation of the moderating pricing environment observed over recent quarters,” said Yi …
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MFS Collapse Triggers Probe Into Failed UK Lender’s Auditors

By Hometown Insurance | June 11, 2026
The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple Wall Street banks that collapsed in February. The Financial Reporting Council has opened investigations into Magus Chartered Accountants and two …
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People: Moore Takes Over as President of Independent Agents of Georgia

By Hometown Insurance | June 11, 2026
Robbie Moore, a longtime agent and partner with Legacy Risk Solutions in Augusta, Georgia, has been sworn in as the new president of the Independent Insurance Agents of Georgia. He takes over from Jarrett Bridges, who is with the Higginbotham …
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Trump Says US Will Hit Iran ‘Very Hard’ After Tit-for-Tat Strikes

By Hometown Insurance | June 11, 2026
President Donald Trump said on Thursday the United States would hit Iran “very hard tonight” and wanted eventually to take Iran’s oil infrastructure hub Kharg Island, after tit-for-tat strikes in the Gulf that have undermined a shaky ceasefire. Iranian sources …
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Nonprofit Hospital Entitled to Liability Cap But Not Immunity, Says NJ Supreme Court

By Hometown Insurance | June 11, 2026
A unanimous New Jersey Supreme Court ruled on June 10 that a federally qualified nonprofit health center that provides healthcare to underserved populations is not entitled to immunity from a patient’s negligence suit under the state’s Charitable Immunity Act (CIA) …
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