Posts by Hometown Insurance

NORTH WILDWOOD, N.J. (AP) — A sand storm at the Jersey shore is escalating. New Jersey is suing a coastal town that repaired beach erosion from a fall storm in defiance of a state order not to do so. And …

After years of what some insurers have labeled half-measures, Florida lawmakers appear to be on the cusp of delivering “historic” and “transformational” reforms that would end one-way attorney fees, banish assignments of benefits and offer state-backed reinsurance at a deep …

Santander UK Plc was fined £108 million ($132 million) by the UK financial watchdog over repeated anti-money laundering failures that included a series of missteps over its monitoring of hundreds of millions of pounds of suspicious funds. The bank had …

Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty business including its Lloyd’s platform. In his new …

Federal workplace safety investigators have determined that an Arkansas construction contractor failed to test oxygen levels in the confined space before two workers entered a sewer 20 feet below ground at an Edmond work site and died because of a …

The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market. The deal, which is subject to regulatory approval, brings £15 …

The Texas Windstorm Insurance Association Board of Directors will meet next week in Corpus Christi to approve next year’s budget among other business. The board is expected to consider filling the vacant position of board secretary/treasurer, approval of the 2023 …

Fifteen automakers have made life-saving automatic emergency braking standard on nearly all of their new passenger vehicles in the U.S. this year, fulfilling a voluntary commitment made six years ago. That leaves five companies – General Motors, Porsche, Jaguar/Land Rover, …

AGCS Bolsters Cyber Underwriting Team in North America Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed five professionals to its cyber underwriting team in North America. New team members report to Tresa Stephens, …

As of Thursday, it was lawful for adults to possess and use marijuana in Missouri. That doesn’t mean you can legally buy it just yet, or use it everywhere. Medical marijuana has been legal in the state since a ballot …