Posts by Hometown Insurance

C3 Risk & Insurance Services and B. Wood Insurance in San Diego, California, have joined to expand employee benefits plan services. The merger went into effect on Oct. 1. The company will operate under the C3 Risk & Insurance Services …

The Jensten Group, the UK-headquartered independent insurance broking group. has completed the acquisition of Ravenhall Risk Solutions, following final regulatory approval, bringing an additional 2,500 clients and 25 staff to the group. Leeds-based Ravenhall Risk Solution serves commercial and personal …

European Union sanctions on Russian oil might still be eight weeks away, but they’re hitting trade in the nation’s crude already. The bloc’s measures, including a ban on insuring tanker shipments, enter into force on Dec. 5. A Russian cargo …

As Hurricane Ian bore down on Florida, normally reliable computer forecast models couldn’t agree on where the killer storm would land. But government meteorologists are now figuring out what went wrong – and right. Much of the forecasting variation seems …

MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Andrew Carrier as chief executive officer. Carrier, currently MS AUL’s chief underwriting officer (CUO), will take up the role on Jan. 1, 2023, subject to regulatory approval. …

The conviction of Uber Technologies Inc.’s former security chief on Oct. 5 has raised the specter that a high-profile criminal charge and newly expanded federal rules may force companies to be more transparent when it comes to reporting cybersecurity breaches. …

U.S. insurer and reinsurer MSIG Holdings reported that Johan Slabbert has been named chief executive officer of the Warren, New Jersey-based company. Slabbert, currently CEO at MS Amlin Underwriting Limited, will assume the role on January 1, 2023, according to …

Mauna Loa, the largest active volcano on the planet, is in a “state of heightened unrest,” but is not erupting and there are no signs of an imminent eruption, the Hawaiian Volcano Observatory said in an update. Last week, Hawaii …

The U.S. Department of Labor said it has obtained a federal court order requiring that three bakeries located in Danbury, Connecticut, and Mount Vernon, New York, and their owner/officer, pay nearly $1 million in back wages and liquidated damages to …

The number of claims filed from Hurricane Ian continues to rise, topping 449,000 as of Monday, and estimated insured losses stand at more than $4.2 billion, the Florida Office of Insurance Regulation reported. Some 322,268 claims – almost three quarters …