Posts by Hometown Insurance
Rapidly Melting Glaciers on Highest Mountains Threaten Quarter of Humanity
Rapidly melting glaciers in Asia’s Hindu Kush Himalayan region — home to the world’s highest mountains — are threatening the lives and livelihoods of as many as two billion people downstream, according to a new study. The glaciers thawed 65% …
Read More Howden Acquires 2 Swiss Brokers
Howden, the London-based insurance broker, announced it has expanded its offering in Switzerland with the acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born Consulting AG, which has been part of Howden Switzerland since …
Read More Aon, Lloyd’s and Vienna Insurance Group to Provide Re/Insurance for Ukraine Recovery
Aon, Lloyd’s and Vienna Insurance Group (VIG) announced they are collaborating to provide foreign re/insurance capacity to support Ukraine’s recovery and reconstruction. As part of the UK-Ukraine Private Finance Partnership, Lloyd’s and Aon have committed to deliver fast-track access to …
Read More NC Fire Marshal Investigating After Mobile Home Fire Kills Five
Authorities have identified five people who died in a mobile home fire in a rural North Carolina town as a husband and wife, a family friend and his two young sons. The Harnett County Sheriff’s Office identified the victims as …
Read More Tropical Storm Bret Spins Up With Possible Hurricane Threat to Caribbean
Tropical Storm Bret formed in the central Atlantic Ocean on Monday, with forecasters saying it could pose a hurricane threat to the Lesser Antilles by Thursday and the Dominican Republic and Haiti by the weekend. The National Hurricane Center in …
Read More Collaboration is Key for InsurTechs in a Challenging Environment
On this episode of The Insuring Cyber Podcast, two InsurTech CEOs shared their perspectives on InsurTech’s role in the insurance industry, and both agreed that disruption was never the goal. Rob Schimek, CEO of bolttech, and Rick McCathron, CEO of …
Read More Carolina Lawmakers Increase Penalty After Last Year’s Substation Attack
Increased punishments for intentionally damaging utility equipment received final legislative approval Thursday in North Carolina after attacks on the state’s electrical grid caused a dayslong blackout last December. The bill passed unanimously in both the House and Senate in a …
Read More Lawsuit Claims Teen was Assaulted After Getting Drunk at Greg Norman’s Fla. Home
LIV Golf leader Greg Norman and his wife are being sued by a high school girl who says she was sexually assaulted at their Florida home by two boys during a party where alcohol was served to her, her alleged …
Read More Hail and Wind from Thunderstorms Caused $5.5 Billion in Damage, KCC Says
Severe weather created when a stationary front trapped warm, humid air over Texas and the Southeast caused an estimated $5.5 billion in insured losses, Karen Clark & Co. said in a briefing on Tuesday. KCC said there were dozens of …
Read More Serious Change Underway at SiriusPoint
SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting and investment losses to several leadership shake-ups. First the merger: Third Point Re merged with Sirius International Insurance Group in …
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