Posts by Hometown Insurance
United Insurance Holdings Moves Forward to Specialty Commercial Lines: CEO
United Insurance Holdings Corp. Corp. said it will move on to focus on specialty commercial lines business following news last month that its subsidiary United P&C Insurance Company (UPC) being was placed in receivership. During a short conference call to …
Read More Man Cleared by DNA Evidence in Ohio Rape Case Gets $4M Settlement
A man who spent more than 16 years in prison for a rape that DNA evidence showed he did not commit has reached a $4 million wrongful imprisonment settlement. The agreement between Christopher Miller and Cleveland Heights was made public …
Read More Wisconsin Substance Center Owes $2 M in Fraud Case
A federal judge has ruled that a now-shuttered Wisconsin substance abuse center and its CEO owe the state and federal government more than $2 million in a Medicaid fraud case. Online court records show U.S. District Judge J.P. Stadtmueller ruled …
Read More Cannabis Vote Has Oklahoma Hungry to Rake in Green From Texas
Tens of thousands of Texans from the bustling Dallas-Fort Worth area routinely drive across the Red River to gamble in glitzy, Las Vegas- style tribal casinos or to relax at cabins or swim and ski in lakes that dot southern …
Read More Half of California Freed From Drought Thanks to Rain, Snow
Tremendous rains and snowfall since late last year have freed half of California from drought, but low groundwater levels remain a persistent problem, U.S. Drought Monitor data showed. The latest survey found that moderate or severe drought covers about 49% …
Read More Hub Acquires Assets of Glacier Insurance in Montana
Hub International Ltd. acquired the assets of Glacier Insurance of Libby Inc. in Montana. Kevin Peck and Kim Peck, Owners, and the Glacier Insurance of Libby team will join Hub Mountain. Glacier Insurance is an independent agency providing commercial and …
Read More West Virginia House Backs Cap on Workers’ Damages in Deliberate Intent Cases
Republicans in the West Virginia House passed a bill last week that would cap some of the damages workers and their families can receive if their employer deliberately puts them in harm’s way on the job. The 52-45 vote was …
Read More People Moves: Aon Names Mgoqi as CEO for South Africa; Tokio Marine Kiln Appoints AIG’s Green to Head Aviation War Risks
This edition of International People Moves details appointments at Aon and Tokio Marine Kiln. A summary of these new hires follows here. Aon Names Mgoqi as CEO for South Africa Aon plc, a leading global professional services firm, has named …
Read More Arthur J. Gallagher & Co. Acquires UK’s Bay Risk Services Ltd.
Arthur J. Gallagher & Co. announced its reinsurance division Gallagher Re has acquired the business and assets of UK-based Bay Risk Services Ltd., a member of the Optio Group. Terms of the transaction were not disclosed. Founded in 2016 as …
Read More Ariel Re Raises $270M of Capital to Support Growth Opportunities
Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has secured $270 million of capital from five new institutional and family office investors to support exciting growth opportunities in 2023. Ariel Re …
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