Posts by Hometown Insurance
Court Cancels Time Inc. Insurance for $4.9 Million Subscription Offer Settlement
Media giant Time Inc. has been denied insurance to help cover its $4.98 million settlement of two class actions that accused the publisher of using misleading magazine subscription automatic renewals. The U.S. District Court in Manhattan has granted a summary …
Read More University Faces Class-Action by Students Over COVID Campus Lockdown
A lawsuit against the University of Delaware over its campus shutdown and halting of in-person classes because of coronavirus can proceed as a class action on behalf of thousands of students who were enrolled and paid tuition in spring 2020, …
Read More Amwins Launches Excess Wildfire Product for California Residential Properties
Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California FAIR plan or a similar plan. The product is written in partnership with PartnerRe Insurance Solutions Bermuda Ltd., which is …
Read More Ohio Flooring Mill Fined $333K for Repeated Safety Violations
For the third time in five months, federal safety inspectors responded to a Portsmouth, Ohio hardwood flooring mill to investigate reports of unsafe machinery. Two of those inspections involved worker’s injuries, the latest on Oct. 5, 2022, when a worker’s …
Read More OGA Acquires Arkansas’ Jaeger + Haines, Inc.
One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in Fayetteville, Arkansas. Since 1976, Jaeger + Haines has served agents across Arkansas, Missouri, Oklahoma, and Tennessee, writing excess and surplus …
Read More People Moves: WCRO Names Tanabe CEO; Fox Becomes Zurich N.A. CUO; WTW Appoints Bolig Head of P&C for Corp. Risk
Tanabe to Succeed Ruser as WCRI CEO The Workers Compensation Research Institute (WCRI) has named Executive Vice President Ramona Tanabe as CEO as of May 1. She succeeds John Ruser, who has served in the position since 2015 and will …
Read More Risk Strategies Acquires May, Bonee & Clark of Connecticut
National specialty insurance broker Risk Strategies has acquired May, Bonee & Clark Insurance, a Connecticut-based business and personal insurance, employee benefits and risk management firm. The firm also offers securities and investment advisory services. Formed through the merger of May, …
Read More DOXA Acquires Georgia-based Preferred Aviation MGA
DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in Duluth, Georgia, was founded in 2005 by pilots and industry veterans …
Read More Las Vegas Lawyer Indicted in $460M ‘Slip-and-Fall’ Scheme
A longtime Las Vegas attorney was indicted on federal charges that he orchestrated a $460 million Ponzi scheme spanning multiple states, from Nevada and Utah to California and Arizona. The eight-count indictment accusing Matthew Wade Beasley of wire fraud and …
Read More JPMorgan May Face Expanded Lawsuit Over Jeffrey Epstein Ties
The U.S. Virgin Islands wants to expand its lawsuit accusing JPMorgan Chase & Co of aiding in Jeffrey Epstein’s sex trafficking in girls and young women, adding a new obstruction charge and a claim that bank executives joked about the …
Read More