Posts by Hometown Insurance

The U.S. Environmental Protection Agency confirmed Monday that the water in Mississippi’s capital city is safe to drink, after months of sampling at a treatment plant overwhelmed by August flooding that caused wide supply disruptions. The beleaguered O.B. Curtis water …

A California judge is allowing a lawsuit to proceed against the Los Angeles Angels over the drug-related death of pitcher Tyler Skaggs. Orange County Superior Court Judge Glenn Salter on Monday rejected the team’s motion to dismiss and set the …

Newfront Names Executives at New Boston Office Insurance broker Newfront recently named several executives and leaders at its newly established Boston, Massachusetts, office. Brian Kelleher joins the Boston office as senior vice president on the property/casualty team and a founding …

CBS Corp.and former Chief Executive Leslie Moonves agreed to pay investors an additional $9.75 million as part of a pending settlement of the New York attorney general’s probe into whether the company violated state securities law in its handling of …

Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK. The Hub, which will begin operating early next year, will ensure that Canopius is developing the best possible solutions within …

Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head of risk management at one of the cannabis industry’s best-know publicly traded companies. Karl Long is senior director of risk …

Everest Re Group Ltd., the Bermuda-based re/insurer, has unveiled a refreshed brand, including a new logo and visual identity reflecting its positioning and commitment to “underwrite opportunity” for colleagues, customers, shareholders, and communities worldwide. “There has never been a more …

The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at location of the pipeline damage on line 1 in the Swedish exclusive economic zone and found “technogenic craters.” “According to …

Lisa weakened into a tropical storm as it moved across Belize Wednesday, leaving much of the country’s largest city in the dark, although there were no reports of deaths or major damage so far in the Caribbean nation famed for …

Allianz Global Investors on Wednesday said it is looking to raise $1 billion for its third blended finance debt fund, a mix of concessional and institutional capital seen as a crucial route to scaling up private investment in emerging economies. …