Posts by Hometown Insurance

JACKSONVILLE, Fla. (AP) — The city of Jacksonville approved a $1.4 billion “stadium of the future” Tuesday that should keep the Jaguars in one of the NFL’s smallest markets for at least another 30 years and end decades of speculation …

Hackers behind a London hospital attack recently published records that include personal information about pregnant women, newborns, cancer patients, people suffering from schizophrenia and thousands of others across the UK and Ireland, revealing the breach was far more widespread than …

This edition of International People Moves details appointments at Brit Re and the managing general agent Optio Group. A summary of these new hires follows here. Brit Re Names Partner Re’s Ex-CEO Bonneau as Non-Executive Director Brit Ltd. announced the …

The U.S. Chemical Safety and Hazard Investigation Board (CSB) issued its final investigation report into the fatal naphtha release and fire at the BP-Husky Toledo Refinery (“BP Toledo Refinery”) in Oregon, Ohio, on September 20, 2022, which resulted in the …

MUSKEGON, Mich. (AP) — Severe thunderstorms cut power to thousands of homes and businesses Tuesday in western Michigan, less than a week after storms left thousands in the dark across the state in suburban Detroit. Roughly 98,000 Consumers Energy customers …

Arthur J. Gallagher & Co.’s captive and alternative risk transfer solutions subsidiary, Artex, has acquired London-based Implement Compliance Solutions & Resources Ltd. (ICSR). Terms of the transaction were not disclosed. ICSR provides consulting and support services on compliance, governance, risk …

Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the chief executive of sanctioned Russian shipping group Sovcomflot said. The European Union imposed sanctions on Russia’s state-owned and top tanker …

Venezuela’s state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba, as a fleet of state-owned vessels that have historically covered the route dwindles, according to documents and ship monitoring services. …

Volkswagen said on Wednesday it was recalling over 307,000 vehicles in North America due to a potential wiring fault that may deactivate front passenger air bags when the seat is occupied. The recall covers 271,000 2021-2024 model year Atlas and …

Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94—the best since first-quarter 2007. Translating to an aggregate underwriting profit of …