Posts by Hometown Insurance

The Reinsurance Association of America (RAA) on Wednesday said its long-time president, Frank Nutter, will retire at the end of the year and Lee Covington is president-elect. Nutter has been president of the trade association for property/casualty reinsurers for 32 …

VIAA Names Thornton to New Development Role Valley Insurance Agency Alliance (VIAA), headquartered in St. Louis, Mo., named Michael Thornton as book management coach. Thornton has worked at VIAA for six years as a foundation specialist. Before joining the company, …

Texas Mutual Makes New Board Member Appointment and Two Reappointments Texas Gov. Greg Abbott has appointed Gary Gibson of Houston and reappointed Kristi Koncaba of Friendswood and Ron Simmons of Lewisville to the Texas Mutual Insurance Company board of directors. …

Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1, 2023. Terms of the transaction were not disclosed. AMC was founded over 60 years ago and has grown into a …

ROSENBERG, Texas (AP) – A driver plowed through a wall of a busy East Texas restaurant, injuring 23 people. Police in the Houston suburb of Rosenberg, Texas said a man crashed his SUV into a Denny`s restaurant just off the …

DAVENPORT, Iowa (AP) – The owner of an Iowa apartment building that collapsed in May, killing three people, has filed a lawsuit that blames an engineering company for not warning the building was structurally unsound and that residents should be …

This edition of International People Moves details appointments at Marsh McLennan and AXA XL. A summary of these new hires follows here. Marsh Appoints Harris as CEO, UK Retail Marsh McLennan announced the appointments of Nick Harris as CEO, UK …

The U.S. Coast Guard is continuing to investigate the source of an oil spill that contaminated more than 19,000 gallons of water at Port Manatee in Tampa Bay. The spill was reported last week and crews have worked since then …

The U.S. excess and surplus (E&S) lines market had a good year in 2022, growing to account for nearly 9% of the U.S. property/casualty (P/C) insurance industry. E&S direct written premiums (DWP) increased for the twelfth consecutive year and reported …

Tropical Storm Lee is on track to tie Hurricane Franklin to become 2023’s strongest Atlantic storm with winds of 150 miles per hour by this weekend as it plows through the ocean north of Puerto Rico, the US National Hurricane …