Posts by Hometown Insurance
Hormuz Ship Insurance Demand Drops as Owners Get Nervous
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. …
Read More California Bill to Enable Insurers to Use Driver Telematics Is Making Its Way Through Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior in is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving …
Read More Honda’s Insurance Agency Operations Stall, Services ‘Paused’
About a year after launching, Honda Insurance Solutions is no longer in operation. Started as a licensed insurance agency for Honda and Acura owners in July 2025, Honda Insurance Services worked with brokerage VIU by HUB to offer quoting and …
Read More Viewpoint: Insurance, Cyber Security Are Twin Pillars of Resilience for iGaming Industry
Executive summary: Once seen as niche, the iGaming, or the online gambling and sports betting industry, has come of age — now a regulated global market, expanding rapidly and attracting mainstream attention. In this article, Elizabeth Grima of the specialty …
Read More Amwins and Dragoneer Consortium Reaffirm $5.3B Bid for Australia’s Steadfast
Australia’s Steadfast said on Thursday that Amwins Group and Dragoneer Investment had reaffirmed their takeover proposal valuing the insurance broker at A$7.7 billion ($5.34 billion), prompting a four-week extension of the exclusivity period. Here are some details: The consortium reaffirmed …
Read More Hormuz Ship Traffic Grinds to Near Halt After US, Iran Strikes
Traffic through the Strait of Hormuz came to a near standstill on Thursday, after the US struck Iran for a second straight day as a fragile truce between the two sides looked increasingly shaky. Observable movements in the world’s most …
Read More UK Water Regulator Finds Severn Trent Breached Wastewater Duties
UK water regulator Ofwat found that Severn Trent Plc had “serious failings” in how it deals with wastewater and sewage as part of a broad investigation into practices of utilities in the sector. Ofwat didn’t impose a fine on Severn …
Read More Deere Settles Lawsuit by FTC, States Over Equipment Repair Restrictions
Deere agreed on July 8 to settle a lawsuit by the Federal Trade Commission and five U.S. states accusing the farm equipment maker of illegally requiring farmers to use its network of authorized dealers for repairs, rather than use independent …
Read More Coffee Trader Seeks to Shield More Vietnam Growers With its Specialty Weather Cover
Major coffee trader ECOM Agroindustrial Corp. is pushing for a fivefold increase in the number of growers covered by its specialty weather insurance in Vietnam, where the industry depends on thousands of smallholder farmers increasingly exposed to climate risk. The …
Read More InsuranceDekho Said to Pick Banks for $400 Million India IPO
Indian insurance aggregator InsuranceDekho’s parent has selected HSBC Holdings Plc, Morgan Stanley, ICICI Securities Ltd. and IIFL Capital Services Ltd. as advisers to a potential initial public offering, according to people familiar with the matter. The offer from Girnar Insurance …
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