Posts by Hometown Insurance
Marsh Names Williamson CEO of MGU Business, Victor
Charles Williamson has been hired by Marsh to become chief executive officer of it global managing general underwriting business, Victor. Williamson was most recently co-founder and CEO of Vault, an MGA and reciprocal exchange for the high net worth market. …
Read More People Moves: Allen Joins Maine’s BroGue Insurance; Alliant Adds Beilein in New York
Allen Joins BroGue Insurance & Financial Services BroGue Insurance & Financial Services, headquartered in Bangor, Maine, hired Elaine Allen as a personal lines account manager. Allen started her insurance career with Farmers Insurance as a retention specialist and most recently …
Read More Liberty Mutual to Stop Offering Business Owner’s Policy In California As Costs Bite
Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses are pounding insurers’ profits. A spokesperson for Liberty …
Read More Florida Democratic Senators Host Facebook Town Halls on Continuing Insurance Crisis
Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual town hall meetings, began Wednesday on the Florida Senate Democratic …
Read More Purdue Pharma’s Bankruptcy, Sackler Family Protection Plan Move Ahead
OxyContin maker Purdue Pharma can start executing a settlement that protects members of the Sackler family who own the company from civil lawsuits over the toll of opioids, a court ruled Tuesday. The ruling from the 2nd U.S. Circuit Court …
Read More Biden Administration Opens Investigation Into Harvard University’s Legacy Admissions
Opening a new front in legal battles over college admissions, the U.S. Department of Education has launched a civil rights investigation into Harvard University`s policies on legacy admissions. Top colleges` preferential treatment of children of alumni, who are often white, …
Read More Fire That Killed Memphis Firefighter Was Arson, Fire Department Says
Authorities searched on Thursday for the person who set a fire that killed a Memphis firefighter and sent three others to the hospital. The Memphis Fire Department said arson was to blame for a fire late Tuesday that killed Lt. …
Read More Greece Fights Almost 200 Wildfires as Wind Raises Risk Throughout Mediterranean
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave across the Mediterranean eases. More villages in mainland Greece were evacuated on Thursday as blazes threatened, while two people died in Velestino. …
Read More Allstate Loses $17M NC Job Incentive Plan Due to So Many Remote Workers
Allstate Insurance is no longer eligible for one of the largest incentive packages from the state of North Carolina, created when Allstate pledged to add more than 2,200 workers in Charlotte. The insurance carrier said too many remote workers made …
Read More Vermont Farmers Urged to Document Crop Losses From Flooding
Vermont state and federal officials are urging farmers to document and report damage from the catastrophic flooding that hit the state two weeks ago and inundated crops in the rural mountainous state known for its scenic farmland. They toured Paul …
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