Posts by Hometown Insurance

The UK government is to cap the price of Russian oil for any company in the world using the country’s insurance, brokerage and shipping services. The UK Treasury said in a statement on Thursday that the country will prohibit the …

A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk. That’s more than twice as much as when the Paris Agreement was announced in 2015, …

Specialty Program Group, an operator of specialty insurance brokerages and underwriting facilities, announced the acquisition of the assets of Catapult Insurance Solutions. Based in Carrollton, Texas, Catapult is a privately held managing general insurance agency and wholesale brokerage for niche …

ST. LOUIS (AP) – A St. Louis jury has ruled that Ford Motor Co. and other companies must pay $6 million to a Missouri family over claims that a woman’s death was caused by exposure to asbestos, including from dust …

DETROIT (AP) – The family of Porter Burks, a Black man fatally shot during an early morning confrontation with Detroit police, is suing the city for $50 million, their lawyer announced Tuesday. Five unnamed officers also are named in the …

Hamilton Names Kuchma as CEO of US E&S Insurer Hamilton Select Hamilton Insurance Group announced the appointment of Anita Kuchma as chief executive officer at Hamilton Select, its U.S. excess and surplus (E&S) lines insurer. Kuchma reports to Group CEO …

A month after federal regulators hit Dollar General stores with $1.6 million in fines for safety violations, the retailer now faces an additional $2.7 million in penalties for similar problems in Alabama, Florida and Georgia. The U.S. Occupational Safety and …

Alterity Group, a subsidiary of insurance brokerage NFP, reports it has acquired CIC Group, a Buffalo, New York-based commercial insurance agency. CIC Group principals Timothy McMullen, Gina Teresi and Chris O’Donnell will join Alterity and report to Sharla St. Rose, …

A woman who was injured in a crash while driving a rental car provided by an auto insurer may collect uninsured motorist benefits from more than one policy, the South Carolina Supreme Court ruled Wednesday. In a 3-2 decision, the …

Gov. Henry McMaster has asked President Joe Biden to authorize a disaster declaration to help with Hurricane Ian recovery efforts in South Carolina, his office said Tuesday. The South Carolina Emergency Management Division and the Federal Emergency Management Agency found …