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Posts by Hometown Insurance

People Moves: Stratico Appointed Professional Liability Practice Leader at Brown & Riding

By Hometown Insurance | March 12, 2024
Brown & Riding, headquartered in Dallas, appointed Bill Stratico national professional liability practice leader. Stratico has over 35 years of industry experience. He joined Brown & Riding in 2010 as a management and professional liability broker and most recently served …
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People Moves: Reed to Lead Acrisure’s New Great Lakes Region

By Hometown Insurance | March 12, 2024
Acrisure, headquartered in Grand Rapids, Michigan, has established a Great Lakes region, encompassing its businesses in Michigan, Indiana and Ohio. The Great Lakes region is led by long-time partner Kelly Reed. Reed has over 15 years of experience in healthcare, …
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Insurtech bolttech Partners with Saudi Telecom Group to Provide Embedded Insurance

By Hometown Insurance | March 12, 2024
Singapore-based insurtech bolttech announced its expansion into the Middle East with the launch of its partnership with telecommunications company stc Group. bolttech’s collaboration with Riyadh, Saudi Arabia-headquartered stc will provide stc’s customers with embedded device protection offerings through a technology-enabled …
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Markets/Coverages: Aon Launches Partner Risk Insights

By Hometown Insurance | March 12, 2024
Aon plc, a global professional services firm, today announced the launch of Partner Risk Insights, a digital platform powered by CoverWallet, to help U.S. organizations simplify the way they manage insurance-related third-party risk. The digital platform will serve as a …
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Kansas Man Sentenced to 12 Months Probation For Insurance Fraud

By Hometown Insurance | March 12, 2024
Kansas Insurance Commissioner Vicki Schmidt announced last week that an Overland Park man has been sentenced to 12 months of probation for insurance fraud. Matthew Finholm, age 43, pleaded guilty in the District Court of Johnson County to one misdemeanor …
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Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out

By Hometown Insurance | March 12, 2024
(Xcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas Panhandle. The experience of utility companies in California and Oregon sued over massive blazes sparked by downed power lines shows …
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Texas Firefighters Make Progress Containing Panhandle Wildfires

By Hometown Insurance | March 12, 2024
LUBBOCK — Texas firefighters are gaining more control over the remaining wildfires in the Panhandle, more than two weeks after the infernos first engulfed large swaths of the region and burned more than 1 million acres. As of Monday, the …
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At Least 50 Hurt as LATAM’s Boeing 787 to Auckland Dropped Abruptly Mid-Flight

By Hometown Insurance | March 12, 2024
At least 50 people were hurt when a Boeing 787 operated by LATAM Airlines dropped abruptly mid-flight from Sydney to Auckland on Monday, according to the airline and a New Zealand health service organization that treated the injured. The aircraft …
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Rivian Leaves Georgia’s Dreams of Becoming an EV Hub Uncertain

By Hometown Insurance | March 12, 2024
(Bloomberg) — Georgia Governor Brian Kemp has appointed himself the figurehead of Rivian Automotive Inc.’s massive $5 billion development outside of Atlanta. In 2023, the first day of March was dubbed “Rivian Day.” Just a year later, the second-biggest economic …
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Amynta Group Completes Acquisition of Sutton Special Risk

By Hometown Insurance | March 12, 2024
Amynta Group, the New York-based insurance services provider, announced the completion of the previously announced acquisition of Sutton Special Risk Inc., a managing general underwriter (MGU) of specialty insurance and reinsurance products in Toronto, Canada. Financial details of the deal, …
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