Posts by Hometown Insurance

Skyward Specialty Insurance Group, Inc announced that The Westaim Corporation is offering 3,850,000 shares of the Company’s common stock in an underwritten public offering. In addition to The Westaim Corporation, certain other stockholders (the “Selling Stockholders”) have also granted the …

Hub International Limited announced that it has acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively HORAN Health). Terms of the transaction were not disclosed. With HORAN Health, Hub creates a new regional hub …

Ryan Specialty announced it has signed a definitive agreement to acquire certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims management on behalf of retail brokers and third party administrators. …

Florida’s insurance commissioner has appointed two longtime veterans of the department to high-level regulatory positions. Virginia Christy’s name will be familiar to anyone who has read Florida Office of Insurance Regulation consent orders when property insurers are deemed insolvent. Since …

On March 24, 2023, Governor Ron DeSantis signed into law House Bill 837, resulting in the enactment of sweeping tort reform (“the Act”). The Act impacts various aspects of the civil justice system. The most salient features of this latest …

Airlines on Tuesday called for co-operation on a broad front to reach “very tough” emission targets and pledged at the end of a three-day summit to release interim climate targets next year. The International Air Transport Association (IATA), grouping 300 …

The New Jersey Supreme Court has affirmed that whether an employer is vicariously liable under the borrowed-employee doctrine is a question of fact that should be decided by the jury, not the judge, unless the evidence is obviously one-sided. The …

Ford Motor Co said on Tuesday it is expanding and issuing a new recall for 125,000 sport utility vehicles and trucks because engine failures may cause a fire. The recall covers various Escape and Lincoln Corsair SUVs and Maverick compact …

Chaucer said Group CEO John Fowle has decided to step down at the end of June. Fowle has been with Chaucer since 2002 and was appointed CEO in January 2017, having previously served as Chaucer’s chief underwriting officer. Rob Callan …

Ryan Specialty signed a definitive agreement to acquire certain assets of ACE Benefit Partners Inc. in Eagle, Idaho. The acquisition is expected to close in July 2023. ACE Benefit Partners is a medical stop loss general agent founded in 2014. …