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Posts by Hometown Insurance

Ryan Specialty Transactional Risks International Opens Office in Copenhagen

By Hometown Insurance | November 16, 2022
Ryan Specialty announced that Ryan Specialty Transactional Risks International has expanded their presence with an office in Copenhagen, Denmark, which is the business’ fourth office. Transactional Risks International is a part of Ryan Specialty’s Underwriting Managers platform and specializes on …
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Psychosocial Barriers Not Uncommon in Workers’ Comp Recoveries

By Hometown Insurance | November 16, 2022
Workers returning to work after an injury can faced various obstacles depending on the nature of their injury and the job, their available benefits and rehabilitation needs, even transportation challenges. Those who help workers know that behavioral issues also get …
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Counting the Rising Cost of Climate Change With Top Most Costly Natural Disasters

By Hometown Insurance | November 16, 2022
Climate change has raised the cost of natural disasters, as rising sea levels and drought increase the frequency and severity of flooding and wildfires, insurers and risk modeling experts say. The list of the 10 most expensive events of the …
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NFP Acquires Dublin-Based Life & Health Adviser, Tailored Finance Ltd.

By Hometown Insurance | November 16, 2022
NFP, the New York City-based property/casualty insurance broker and consultant, announced the acquisition of Dublin-based health and life insurance adviser, Tailored Finance Ltd. This is NFP’s first healthcare-focused acquisition in the Irish market, expanding its portfolio of services and solutions. …
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UK Insurtech, Send Technology, Raises £9 Million to Expand in UK and U.S.

By Hometown Insurance | November 16, 2022
Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7 million). The round was led by Venture Capital firm Breega with participation from Mercia and will enable Send to accelerate …
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EU Monitors FTX Collapse as Major Crypto Law Enters Final Stages

By Hometown Insurance | November 16, 2022
The European Union is monitoring the collapse of crypto exchange FTX Group as the bloc tries to cross the finish line on adopting a broader set of regulations for digital assets. The bloc is examining whether the crisis has any …
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UK Government in Advanced Talks With Regulators on Insurance Capital Reforms

By Hometown Insurance | November 16, 2022
The UK government is close to an agreement with regulators over insurance capital reforms intended to release billions of pounds of investment into the economy. Jeremy Hunt, the Chancellor of the Exchequer, will announce the details as part of the …
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U.S. Charges Suspect Linked to Notorious Ransomware Gang

By Hometown Insurance | November 16, 2022
A man who authorities say participated in a ransomware campaign that extracted tens of millions of dollars from victims has been charged in the United States, the Justice Department announced Thursday. Mikhail Vasiliev, a dual national of Russia and Canada, …
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Directors of Florida’s Largest Homeowners Association Charged with Millions in Theft

By Hometown Insurance | November 16, 2022
Current and former Board members at Florida’s largest homeowners’ association were arrested Tuesday, charged with taking millions of dollars from the association over several years. It’s the latest development in a drama that last year saw the arrest of the …
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10 in Miami Charged with Cheating on Elevator Safety Certificate Exams

By Hometown Insurance | November 16, 2022
Elevator mechanics in Florida by regulation are required to take exams to show their competency. But Miami prosecutors said at least 10 people were involved in a scheme that had someone else take the test for some technicians, allowing them …
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