Posts by Hometown Insurance

DUAL North America appointed of Peter Gosselink as executive vice president of its fine art program. Gosselink trained as a marine underwriter specializing in fine arts and collections before becoming versed in insuring various artwork and collectibles for commercial and …

Thousands of Hawaii residents raced to escape homes on Maui as blazes swept across the island, destroying parts of a centuries-old town and killing at least 36 people. The fire left behind burned-out cars on once busy streets and smoking …

Allianz SE, the German owner of bond giant Pacific Investment Management Co., said its second-quarter profit jumped from a year earlier as stronger earnings from its insurance business offset weaknesses in its asset management units. Group operating profit increased 7.1% …

Surplus lines premium reached nearly $36 billion through the first six months of 2023, according to the 2023 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices. Premium increased about 16% overall compared to results reported through the …

Tennessee Gov. Bill Lee on Tuesday unveiled a sweeping list of public safety issues he wants lawmakers to address during an upcoming special session prompted by a shocking Nashville school shooting earlier this year that resulted in the deaths of …

The chief executive officer of Zurich Insurance Group AG has spoken out against the network of voluntary climate alliances that represent some of the biggest names in global finance, calling them “political and bureaucratic.” Mario Greco, who led his firm …

West Virginia`s state Legislature approved millions of dollars in raises and bonuses for corrections employees Tuesday, the same day as a lawsuit was filed against Republican Gov. Jim Justice and other state leaders over working conditions in the state’s regional …

A New York judge on Tuesday dismissed lawsuits filed by Airbnb and three hosts over New York City`s rules for short-term rentals, saying the restrictions are “entirely rational.” In a 14-page ruling, Supreme Court Judge Arlene P. Bluth said having …

Verisk Analytics Inc. (VRSK) on Wednesday reported second-quarter earnings of $196.9 million. The Jersey City, New Jersey-based company said it had profit of $1.35 per share. Earnings, adjusted for one-time gains and costs, were $1.51 per share. The results beat …

Georgia Gov. Brian Kemp said Tuesday that he wants to make it harder for people to file lawsuits and win big legal judgments, arguing that suits are driving up insurance and business costs. “The laws on our books make it …