Posts by Hometown Insurance

A federal judge has dismissed a shareholder lawsuit accusing JPMorgan Chase Chief Executive Jamie Dimon and his board of directors of ignoring red flags surrounding disgraced former client Jeffrey Epstein. In a Wednesday evening decision, U.S. District Judge Jed Rakoff …

AccuWeather’s preliminarily estimate of the total damage and economic loss from the wildfires burning in Hawaii is from $8 billion to 10 billion. The worst of the fires hit the Island of Maui, with the Lahaina area especially hard hit. …

Assurex Global President and CEO Hildebrandt Elected to Western National Mutual Insurance Company’s Board of Directors Dean Hildebrandt, president and CEO of Assurex Global, headquartered in Columbus, Ohio, was elected to join the board of directors of Western National Mutual …

Cameron Mutual Insurance Company and its wholly owned subsidiary, Cameron National Insurance Company, were placed into rehabilitation this week by the Circuit Court of Cole County, Missouri. Missouri Department of Commerce and Insurance (DCI) Director Chlora Lindley-Myer was named rehabilitator …

Even the smartest institutions in the land can miss deadlines – and can lose $15 million in insurance coverage because of it, a fedeal appeals court decided Wednesday. The U.S. 1st Circuit Court of Appeals upheld a lower court ruling …

Three former attorneys for the McClenny Moseley & Associates are urging a judge to lift a nine-month suspension that bars them from practicing in the federal Western District of Louisiana and pin blame for the law firm’s ethical issues on …

CEDAR PARK, Texas (AP) __ A fire with flames shooting up to 60 feet (18 meters) in the air damaged an apartment complex and condominiums near Austin, Texas, and forced hundreds of residents from their homes but caused no major …

Hedge Fund Manager Daniel S. Loeb has agreed he will not make further attempts to take SiriusPoint private for two more years. SiriusPoint and Loeb, who has about a 9.5% shareholding in the Bermuda-based specialty insurer and reinsurer, have entered …

Liberty Mutual Holding Co. reported a second-quarter net loss of $585 million, driven by catastrophe losses of about $2.27 billion. Tim Sweeney, president and CEO, said weather losses were primarily from widespread wind and hail events in Texas, Oklahoma, and …

Is your agency a Best Place to Work? Then it’s time to nominate your agency as a “Best Agency to Work For.” To nominate your agency, you must be a current employee of the agency you are nominating. A MINIMUM …