Posts by Hometown Insurance

The North Carolina Rate Bureau is requesting an average 87.5% increase in insurance rates for mobile home fire policies over the next two years, and a 53.4% increase in casualty policies. The rate requests may seem large, but they are …

Hurricane Ian not only ravaged southwest Florida on land but was destructive underwater as well. It destroyed man-made reefs and brought along red tide, the harmful algae blooms that kill fish and birds, according to marine researchers who returned last …

Teva Pharmaceutical Industries Lts. will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging the company helped fuel the U.S. opioid epidemic. The settlement with New York adds an additional $300 …

This edition of International People Moves details appointments at Dale Underwriting Partners, Chubb and Argenta. A summary of these new hires follows here. Dale Underwriting Offers Marine Reinsurance With 2 Hires From MS Amlin Dale Underwriting Partners (DUP), the trading …

Gallagher announced it has acquired Doyle Mahon Insurances, bolstering its presence in Ireland and demonstrating its commitment to expand its customer and employee base in the country. This follows Gallagher’s acquisition of Innovu in June this year, which it has …

Having a robust, fit-for-purpose business continuity plan (BCP) should be a central part of risk mitigation at any major organization, yet far too often companies don’t give enough consideration to the matter, and don’t update them on a regular basis. …

Geopolitics such as Russia’s invasion of Ukraine has led to more damaging and widespread cybersecurity attacks in the year to July, EU cybersecurity agency ENISA said in its annual report on Thursday. ENISA’s study follows concerns about the role of …

The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements on cybersecurity and procedures governing such disclosures, the software firm said on Thursday. The Austin, Texas-based company also said in a filing …

France’s TotalEnergies said on Thursday it would take legal action after environmental group Greenpeace France said it had under-reported its carbon emissions in 2019. Greenpeace France earlier accused the oil giant of under-reporting emissions, sparking a debate about its seriousness …

On the heels of a third quarter that saw increased earned premiums compared to the same stretch in 2021, leaders at Markel Corp. recently reflected on their recent earnings and examined how current events are shaping their future approach. “You …