Posts by Hometown Insurance

Florida-based Morgan & Morgan, which calls itself the largest injury law firm in the country, has become one of the property insurance industry’s chief adversaries, facing off with insurers over thousands of auto accidents, homeowner policies and workers’ compensation claims. …

Texas lawmakers returned to Austin this week for the start of the 88th Legislature, which portends to be a relatively quiet legislative session for hearing property and casualty concerns. “I think insurance is probably not a top priority,” said Albert …

llicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. The cryptocurrency market floundered in 2022, as risk appetite diminished and …

The owner of a former vermiculite mine in northwestern Montana that spread harmful asbestos in and around the town of Libby has offered $18.5 million to settle the last of the state’s claims for environmental damages, Gov. Greg Gianforte announced …

Howden Tiger is official. Howden Group Holdings yesterday said it has completed its acquisition of TigerRisk Partners to create the “world’s fourth largest global reinsurance broker.” “Together, we will be able to meet the rapidly changing demands of large global …

A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced Wednesday. Qcells, a unit of Hanwha Solutions, …

Geico is off the hook, at least for now, from paying a Missouri woman $5.2 million because she said she contracted a sexually transmitted disease in the car of a man who is insured by the company. The Missouri Supreme …

Insurance broker WTW launched a customized online platform for the aerospace sector which enables access to WTW expertise across the globe on a 24/7 basis. The creation of an online knowledge platform will allow clients to access technical expertise, news …

This edition of International People Moves details appointments at Howden Italy, the British Insurance Brokers’ Association (BIBA), and Sedgwick. A summary of these new hires follows here. Howden Italy Taps Aon’s Casini as CEO Howden, the London-based insurance broker, announced …

Bermuda-based Mosaic Insurance has opened an office in Dubai, United Arab Emirates, as a strategic regional platform to access risks from across the Middle East, Africa, and South Asia (MEASA) market. Three specialist underwriters, along with a finance team member, …