Posts by Hometown Insurance

Sedgwick, the Memphis, Tenn.-based loss adjuster, has launched a new power and energy division in the UK, under the leadership of industry veteran David Ward. The division will focus on claims affecting the energy and power sectors, with the capabilities …

The company whose submersible vanished in the North Atlantic on a tourist dive to the wreck of the Titanic was repeatedly warned that there might be “catastrophic” safety problems with the venture, documents show. With five people aboard a vessel …

A homeowner in Florida has been charged with fraud after failing to report a previous claim on her house, the state’s Department of Financial Services said Wednesday. Nancy Salomon, of Port St. Lucie, applied for an HO policy with Olympus …

Projections from the National Highway Traffic Safety Administration (NHTSA) indicate first quarter traffic fatalities are down 3.3% compared to the same period a year ago. The NHTSA estimated 9,330 people died in traffic accidents during the first three months of …

The winners of the eighth annual Qorus-Accenture Innovation in Insurance Awards have been announced. The awards, which honor the best ideas and practices transforming the industry for the benefit of insurers and customers, attracted more than 350 entries from 43 …

The nearly two-week eruption of a Hawaii volcano, one of the most active in the world, has come to a pause, scientists said. After a three-month hiatus, Kilauea began erupting again June 7 – displaying fountains of glowing red lava …

The owner of an auto repair shop who paid a former employee with 91,500 oily pennies has been ordered by a judge to pay nearly 4 million more cents. A federal judge ruled that Miles Walker, who owns A OK …

The London Metal Exchange failed to investigate a large nickel position held by China’s Tsingshan that sparked a chaotic surge in prices and billions of dollars of canceled trades, lawyers told a London court, despite a previous incident with the …

UK Prime Minister Rishi Sunak announced the creation of a framework for war-risk insurance backed by the Group of Seven and designed to encourage private investors to help rebuild Ukraine. Speaking at the opening of the Ukraine Recovery Conference in …

Russia is 99.9% certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer needs Ukrainian ports to export ammonia, a senior Ukrainian diplomat said. The United Nations and Turkey …