Posts by Hometown Insurance

GALVESTON — The federal government on Thursday announced the first-ever chance for companies to lease areas in the Gulf of Mexico to build wind farms, including two parcels roughly 30 miles off the Texas coast near Galveston. Renewable energy developers …

The Environmental Protection Agency levied a $1.3 million fine on a Texas oil and gas company for excess emissions from tanks, flares and other equipment the EPA using a helicopter equipped with a special infrared camera that identifies hydrocarbon leaks. …

TD Garden’s owner Delaware North and its janitorial service are not liable for the injuries an attendee at a Boston Bruins hockey game suffered when he slipped and fell on the Boston arena’s concourse floor. Alexander Raheb had argued that …

DOXA Insurance Holdings Adds New Team to Launch Property MGA DOXA Insurance Holdings, headquartered in Fort Wayne, Ind., welcomed two new team members, Liz Coakley and Caitlin Murphy. Coakley and Murphy, senior-level underwriters with over 15 years of experience in …

This edition of International People Moves details appointments at RenaissanceRe and AXIS Capital Holdings. A summary of these new hires follows here. RenaissanceRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan RenaissanceRe Holdings Ltd. announced that Robin Lang will …

AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint and support action on carbon emissions. In partnership with ClimateSeed – a company that provides premium carbon removal and avoidance …

The Federal Reserve said on Wednesday it fined Deutsche Bank and its U.S. affiliates $186 million for failing to sufficiently address money laundering control problems and other shortcomings previously flagged by the U.S. central bank. The new penalty for lingering …

Thirteen Republican state attorneys general are cautioning CEOs of the 100 biggest U.S. companies on the legal consequences for using race as a factor in hiring and employment practices, demonstrating how the Supreme Court’s recent ruling dismantling affirmative action in …

Parts of Kentucky cannot seem to catch a break from extreme weather events. Some 18 months after a powerful tornado ripped up much of downtown Mayfield, in southwestern Kentucky, heavily damaging businesses, homes, churches and a few insurance agencies, the …

Allstate Corp. announced estimated catastrophe losses for the month of June of $1.01 billion, or $799 million, after-tax. June’s month catastrophe losses include 18 events estimated at $1.13 billion, with approximately 60% of the losses related to four wind and …