Posts by Hometown Insurance

Boyd Clewis’s journey to building a career in cybersecurity began with learning how to persevere and problem solve in the face of setbacks – advice he now shares with companies for managing their cyber risk. After having to drop out …

Spanish airline Air Europa has suffered a cyberattack on its online payment system that let some of its customers’ credit card details exposed, the company said on Tuesday. The airline emailed customers whose credit card details were affected and notified …

A 26-year-old oil tanker adrift in the Indian Ocean is drawing the attention of industry watchers and maritime safety officials, the latest stark reminder of the human and environmental risks posed by a shadow fleet hauling Russian crude around the …

Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than $650 million. Investors including Japanese giant Mitsubishi UFJ Financial Group Inc. and insurer BNP Paribas Cardif participated in the funding …

Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on the weather, as they seek to protect themselves against – or profit from – the increasingly extreme global climate. On …

A new report from the Consumer Federation of America (CFA) says chief executives of insurance companies are “living high on the hog” as policyholders are forced to absorb increases in insurance rates. The research from the association of nonprofit consumer …

Unique vapes, infused cocktails and even personal hygiene items — the variety of new and emerging cannabis products is a clear sign the industry is maturing and innovating. And more importantly for insurance professionals specializing in the cannabis space, insurance …

Small businesses may be growing their revenue, but the vast majority – 75% – are not adequately protecting themselves and their assets. Small businesses are an essential part of the US economy, with 56 million workers employed at firms with …

Florida-based insurers still aren’t profitable, overall, but their net losses and underwriting losses are getting smaller. Two more property insurance companies are preparing to enter the Florida market. And the number of Citizens Property Insurance Corporation’s commercial policies is growing …

Insurance Office of America (IOA) named Paul Sullivan western division president. Sullivan joined IOA in 2009. He was previously IOA’s regional president of the Northwest region. Former roles include vice president at Arthur J. Gallagher & Co., California Insurance Center …