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Posts by Hometown Insurance

California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns

By Hometown Insurance | May 31, 2024
The California Supreme Court has resolved a question about insurance coverage for COVID-19 business shutdowns in the issue of a virus exclusion in a ruling that is consistent with the vast majority of courts nationwide: the presence of the virus …
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Aon/NFP’s Lenox Advisors Acquires Maryland Benefits Firm Serving Medical Pros

By Hometown Insurance | May 31, 2024
Lenox Advisors, Inc., an affiliate of NFP, an Aon company, reports it has acquired Martin/Wight & Co., a Maryland-based insurance and financial services firm that specializes in serving medical professionals. Founders Brian Martin and Ted Wight will join Lenox as …
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Building Explosion Kills Bank Employee, Injures 7 Others in Youngstown, Ohio

By Hometown Insurance | May 31, 2024
YOUNGSTOWN, Ohio (AP) — A massive explosion blew out much of the ground floor of an apartment building, killing a bank employee and injuring several other people. Police and emergency officials initially blamed natural gas, but the fire chief later …
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Marsh McLennan Acquires Texas’ Perkins Insurance Agencies

By Hometown Insurance | May 31, 2024
Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins primarily provides commercial property and casualty and personal lines coverage …
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American National Exiting Homeowners Insurance Market

By Hometown Insurance | May 31, 2024
Following its announcement several months ago to leave the homeowners insurance business in nine states including California and Louisiana, American National appears to be exiting the line in all states. According to a letter sent to employees and other stakeholders …
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Michigan Willing to Repair Flint Homes Ripped Up by Pipe Replacement

By Hometown Insurance | May 31, 2024
DETROIT (AP) — The state of Michigan said it’s willing to step in and oversee property repairs at 1,900 homes in Flint where water pipes have been inspected or replaced but the grounds remain a mess. The city in March …
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People Moves: Howden Re Names Hearn as Chair, Global Clients Strategy; Ex-Lloyd’s CEO Beale Named Chair of Climate Consultancy South Pole

By Hometown Insurance | May 31, 2024
This edition of International People Moves details appointments at Howden Re and climate consultancy South Pole. A summary of these new hires follows here. Howden Re Names Hearn as Chair, Global Clients Strategy Howden Re, the reinsurance and risk advisory …
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Nurse Honored for Compassion Is Fired After Referring to Gaza ‘Genocide’ in Speech

By Hometown Insurance | May 31, 2024
A nurse was fired by a New York City hospital after she referred to Israel’s war in Gaza as a “genocide” during a speech accepting an award. Labor and delivery nurse Hesen Jabr, who is Palestinian American, was being honored …
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Investors With Trillions Aren’t Handling Australia Climate Risks

By Hometown Insurance | May 31, 2024
Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and other natural disasters, according to a group focused on climate risks. Extreme weather events in the nation in recent years …
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Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

By Hometown Insurance | May 31, 2024
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents. Prime Minister …
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Recent Posts

  • Iran Warns Strait of Hormuz Is a ‘Red Line’ and Will Resist Until the End
  • People Moves: MEMIC Expands Northeast Underwriting Team with New Hire Rutledge
  • India Bars Seafarers From Hormuz Voyages After Attacks
  • People Moves: Canopius Appoints Moore US CEO; Sogliuzzo Hired to Head Howden Re North America Marine, Energy; ACORD Solutions Announces New Board of Directors
  • Farmers Looks to Make it Easier for Consumers to Understand Insurance

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