Posts by Hometown Insurance

Parts of the Mississippi River are so low from weeks of drought that barge traffic is being limited at the worst possible time — as crop harvests begin. Some Mississippi River communities between St. Louis and New Orleans may see …

Late last week President Joe Biden signed legislation passed by Congress to extend the National Flood Insurance Program’s authorization to Dec. 16, 2022. “NFIP reauthorization is an opportunity for Congress to take bold steps to reduce the complexity of the …

A 20-year-old Madison man should be awarded $1.1 million in a settlement agreement after surveillance video showed police repeatedly punching him in the head during a mental health crisis at a foster home in 2019, his attorneys said last week. …

Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with wealthy Chinese executives …

A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted capitalization, underwriting discipline, and …

Lemonade, the New York City-based insurer that is powered by artificial intelligence, has launched in the United Kingdom, following previous moves in France, Germany, and the Netherlands. Founded in 2015, Lemonade launched its flagship renters insurance in the U.S. in …

This edition of International People Moves details appointments at re/insurers Canopius Group and International General Insurance Holdings Ltd. as well as the broker Howden. A summary of these new hires follows here. Canopius Names QBE’s Corrigan as Group Head of …

The US Supreme Court will decide whether social media companies can be sued over targeted content recommendations, agreeing to hear an appeal from a family that says Alphabet Inc.’s Google bears some of the responsibility for a 2015 ISIS terrorist …

Former executives and directors of Pacific Gas & Electric have agreed to pay $117 million to settle a lawsuit over devastating 2017 and 2018 California wildfires sparked by the utility’s equipment. The settlement was announced by the PG&E Fire Victim …

Suspected Chinese hackers tampered with widely used software distributed by a small Canadian customer service company, another example of a “supply chain compromise” made infamous by the hack on U.S. networking company SolarWinds. U.S. cyber-security firm CrowdStrike said in a …