Posts by Hometown Insurance
Arrowhead Workers’ Comp Program Launching Commercial Auto Product in California
Arrowhead General Insurance Agency Inc. in California launched a new commercial auto product. Arrowhead’s Commercial Auto is available to California customers in construction-related industries. The program includes: Contractor/construction risks. Target premium range of $2,500 to $50,000 in total premium. California …
Read More Weather and Inflation Have Not Been Kind to Vermont Mutual
For Vermont Mutual Insurance Group, which has been around since 1828, the past few years have been among the most challenging in its history. “The disruption was not from a single event, but a confluence of disrupters that had successive …
Read More Weather Forecasters Predict ‘Extremely Active’ 2024 Atlantic Hurricane Season
Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm sea surface temperatures and less wind shear to break up storms in the summer and fall. The widely watched CSU …
Read More People Moves: Leif Assurance Hires Galvan as Commercial Lines Account Manager; Applied Underwriters Names Holtmeier VP, Strategic Development, for M&A and Partnership Alliances
Leif Assurance Hires Galvan as Commercial Lines Account Manager Leif Assurance, headquartered in St. Louis, hired Mayra Galvan as commercial lines account manager. Galvan is responsible for managing clients’ renewal process and assisting with new business acquisitions. Galvan brings 13 …
Read More Progressive, Cleveland Guardians Extend Stadium Naming Rights Deal
Progressive Insurance is doubling up its commitment with the Cleveland Guardians. Progressive and the Cleveland Guardians this week announced a 13-year deal for Progressive to remain the official insurance provider of the Major League Baseball club and continue the naming …
Read More People Moves: HSB Canada Appoints Bellissimo as President and CEO; Canopius Taps Lee From AIG as CEO, Asia-Pacific & MENA
This edition of International People Moves details appointments at HSB Canada and Canopius Group. A summary of these new hires follows here. HSB Canada announced the appointment of Barbara Bellissimo as president and chief executive officer, effective April 1, 2024. …
Read More Iowa Man Sentenced for Insurance Fraud
An Iowa man was sentenced in March after pleading guilty to one count of Theft 3rd Degree (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau. Khalil Justin Crawley, age 22, of Waterloo was sentenced on March …
Read More US D&O Insurance Segment’s Improved Results Unlikely to Be Sustainable: Fitch
The U.S. directors and officers (D&O) liability insurance segment’s strong underwriting profit of 2023 is unlikely to be sustainable, according to Fitch Ratings. Fitch attributed this reality to declining premium revenues from lower premium rates, as well as the segment’s …
Read More People Moves: Risk Strategies Appoints Conklin; Edwards Joins Alliant in New York
Risk Strategies, headquartered in Boston, appointed Josh Conklin as national employee benefits growth leader and senior managing director. Conklin joined Risk Strategies in 2019 through the acquisition of National Insurance Consulting Group (NICG), an employee benefits and human capital consulting …
Read More Major Highway, Rail Service Shut Down in Philadelphia After Truck Hits Bridge
A stretch of a major interstate highway will be closed for several days after a tractor-trailer carrying an oversize load struck a railroad bridge in Philadelphia. The truck crashed on I-95 northbound around 1:30 p.m. Monday in the city’s Port …
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