Posts by Hometown Insurance
EU Recommends Ambitious 2040 Climate Target, Goes Light on Farming
The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appetite for the region’s fight against climate change ahead of EU elections. While the overall …
Read More Markets/Coverages: Amwins Underwriting, Lancer Partner on Trucking Programs
Amwins Underwriting recently said it has partnered with Lancer Insurance Company, the commercial auto division of Core Specialty, for a new carrier relationship to enhance two key trucking programs provided through managing general agency and wholesale brokerage Amwins Transportation Underwriters …
Read More Pennsylvania State Courts Dealing With Cyberattack
Pennsylvania’s court system was hit with a cyberattack on Sunday that shut down access to key online services including those used to file documents with appellate courts and guardianship reports, as well as to view dockets and court summaries on …
Read More Gallagher Targets Florida Condo Market with Acquisition of John Galt Agency
Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance broker said in a news release. John Galt includes a commercial insurance …
Read More Bank Groups Sue US Regulators to Halt Anti-Redlining Rules
Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant to tackle redlining and boost lending to lower-income areas will actually discourage banks from lending. The American Bankers Association, U.S. …
Read More Viewpoint: 5 Global Insurance Trends You Need to Know About in 2024
In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate change and cyber threats, to the evolving role of insurers as societal safety nets, the industry is on the brink …
Read More US Appeals Court Finds Bayer Not Shielded From Roundup Lawsuits
A U.S. appeals court on Monday refused to dismiss a Georgia doctor’s lawsuit claiming that Bayer AG’s Roundup weedkiller caused cancer, the latest setback in the German company’s efforts to fend off thousands of similar cases carrying potentially billions of …
Read More EU Cautions Against Trade Measures to Support Solar Sector
The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official said on Monday. European Commissioner Mairead …
Read More Miami Man Charged with Selling Fake Policies to South Florida Car Buyers, Drivers
A Miami man posing as an insurance agent reportedly swindled at least eight people out of $29,000 by selling them fake auto insurance policies. That man, William Diehl, was arrested recently and charged with fraud and theft, Florida’s chief financial …
Read More Probe of Connecticut State Police Traffic Stops Shows No Intentional Racial Profiling
Inaccurate racial profiling data on traffic stops made by the Connecticut State Police was largely the result of data-entry mistakes and other mishaps, not an intentional effort by troopers to submit bogus information, according to a report by independent investigators …
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