Posts by Hometown Insurance
Kinsale Acquires Property in Richmond
Specialty insurance business Kinsale Capital Group, Inc. announced that it has acquired real estate property adjacent to its current headquarters in Richmond, Virginia for $76.2 million, through a wholly owned subsidiary. The property is comprised of two office buildings totaling …
Read More People Moves: Markel Int’l Promotes Green to Head of U/W Risk, Higgins to Head of Cat Mgmt; Fidelis Promotes 3 Senior Leaders Mathias, Bellamy and Davern
Markel Int’l Names Green as Head of Underwriting Risk, Higgins as Head of Cat Mgmt Markel International, a subsidiary of Markel Corp., has named Andrew Green as head of underwriting risk, with Emma Higgins taking over from Green as head …
Read More Virginia County School Administrators Facing Trials Over Response to Sexual Assaults
Three separate trials will be held next year to adjudicate charges against the former superintendent of a northern Virginia school system as well as the system’s primary spokesman. Ex-Superintendent Scott Ziegler and spokesman Wayde Byard made initial appearances Tuesday in …
Read More Munich Re to Launch Specialty Insurance Division
Munich Re is launching a new division, called Global Specialty Insurance (GSI), which will be comprised of various primary insurance businesses from the group that are currently part of the reinsurance segment. The restructuring, effective on Jan. 1, 2023, will …
Read More 8 Hurt in Fire at New York Police Evidence Warehouse
Eight people suffered minor injuries Tuesday in a fire at a New York Police Department warehouse that houses DNA evidence from crime scenes as well as cars, e-bikes and motor scooters, police and fire officials said. The fire at the …
Read More Texas Supreme Court to Hear Case on Liability for Railroad Crossing Collision
The Texas Supreme Court has agreed to heart a case involving a collision of a train and a car at a railroad crossing that raises questions of federal preemption as well as sufficiency of evidence. Ladonna Sue Rigsby was killed …
Read More OSHA Cites Ohio Roofing Contractor for 8th Time
For the eighth time since 2016, federal safety inspectors say they have found the owner of a Martin roofing company exposing roofers and other workers to the construction industry’s leading cause of death –falls from elevation – by failing to …
Read More RiverStone Enters Loss Portfolio Transfer Reinsurance Agreement With AXIS Capital
RiverStone International, the Bermuda-based acquirer and reinsurer of legacy and discontinued insurance business, announced it has entered into loss portfolio transfer (LPT) reinsurance agreements with affiliates of AXIS Capital Holdings Ltd. The LPT agreements cover several of its professional lines …
Read More Texas Republicans, Financial Executives Spar Over Climate Actions
Financial executives and Texas state senators clashed over company concerns for climate change at a hearing on Thursday, a rare in-person confrontation as Republicans ramp up attacks on the use of environmental, social and governance (ESG) factors in investing. Texas …
Read More Michigan Ex-Boy Scout Leader Sentenced on Sex Abuse Charges
MOUNT CLEMENS, Mich. (AP) —A former troop leader was sentenced to 12 to 20 years in prison Wednesday after pleading guilty to two counts of criminal sexual conduct stemming from Michigan’s review of child sexual abuse lawsuits against the Boy …
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