Posts by Hometown Insurance

NFP, a property-casualty insurance broker headquartered in New York, N.Y., hired Meg McSherry to lead the property and casualty business in its Atlantic region. McSherry will support new business and client acquisition and retention and will help manage the region’s …

A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives concealed the extent of underwriting losses after Hurricane Ida, even as the insurer solicited millions in fresh capital. And part …

Expert testimony is subject to a well-established standard set forth by the US Supreme Court 30 years ago in Daubert v. Merrel Dow Pharms., Inc. Under the Daubert standard, trial judges are gatekeepers of expert testimony, tasked with determining whether …

Stanford University said on Friday that it is investigating a cybersecurity incident that struck its Department of Public Safety. The university said in a statement that the breach didn’t appear to “impact police response to emergencies,” and that the affected …

Some of the largest insurance brokers reported strong third quarter revenues, with executives using adjectives such as “outstanding,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up of the brokers’ results, listed in descending order by revenue …

Marsh & McLennan Companies Inc. gave notice of its intention to delist from the London Stock Exchange. Marsh & McLennan explained the action by saying that the majority of trading in the company’s securities occurs on the New York Stock …

General Motors’ autonomous vehicle unit, Cruise, is facing multiple federal investigations over its cars’ safety, including two incidents where the robot cars appeared not to yield to pedestrians in crosswalks, according to a U.S. regulator’s letter released on Friday. Cruise …

TOPEKA, Kan. (AP) – Kansas officials are calling a massive computer outage that’s kept most of the state’s courts offline for two weeks a “security incident” and, while they had not provided an explanation as of Wednesday, experts say it …

MINNEAPOLIS (AP) – A new lawsuit accuses the city of Minneapolis of discrimination by lax housing code enforcement, especially for rental properties in a part of the city with high populations of people of color. The lawsuit was filed last …

Alera Group announced the acquisition of Rick Young Insurance, an insurance agency offering employee benefits services including health insurance, life insurance, Medicare and Medicaid redetermination. Rochester Hills, Michigan-based Rick Young Insurance offers personalized employee benefits services. This includes tailored health …