Posts by Hometown Insurance

Underwriters who thought the growing cyber risk landscape of the past several years would level off soon might want to think again. Woodruff Sawyer’s annual survey of cyber insurance carriers found all underwriters surveyed believe cyber risk will increase in …

State Farm Insurance and its subsidiaries owe the state of Florida more than $2.6 million in back taxes and interest after a state appeals court ruled against the insurer on an interpretation of state and federal tax laws. “We disagree …

A California court has dismissed a lawsuit from a group of fishermen against a conservation group that added New England lobster to its list of seafood to avoid. The lawsuit stemmed from a decision by Seafood Watch, which rates the …

An “unspecified problem” with the balloon portion of a hot air balloon may have led to Sunday’s crash in the Arizona desert that left four people dead and another critically injured, federal authorities said. The National Transportation Safety Board said …

Washington state Attorney General Bob Ferguson sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains. In the suit filed in King County Superior Court, Ferguson argued that the $25-billion deal would harm …

Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department recovered more than $16 million for Kansans in 2023, the largest single-year recovery in Department history. This new record goes beyond the previous year’s recovery total of $7.6 million. The …

Skyward Specialty Insurance Group, Inc., headquartered in Houston, Texas, made two new hires as it expands into the media liability market, focusing on multimedia, film and ad agencies. Regina Williams joins Skyward Specialty as vice president, media liability. Based in …

New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in underwriting and pricing. A circular letter from Superintendent of Financial Services Adrienne A. Harris outlines the …

The Occupational Health and Safety Administration this week fined a Mississippi poultry processor $212,646 – an amount set by law – after a 16-year-old was pulled to his death inside a deboning machine last summer. Mar-Jac Poultry MS LLC in …

This edition of International People Moves details appointments at Aspen UK, Canopius Group and London-based broker Miller. A summary of these new hires follows here. Aspen UK Names Stanford as Interim CEO, Succeeding Milner Aspen Insurance Holdings Ltd. announced the …