Posts by Hometown Insurance

Canopius Group Hires Roberta Sweeper to Lead US Application Support Team Canopius Group announced that it has expanded its technology capabilities with the addition of a US application support team as part of the company’s significant growth plans in the …

Liberty Mutual Holding Co. said it recorded a second quarter net loss of about $343 million compared with net income of nearly $770 million during the same period a year ago. CEO David H. Long said results were affected by …

Severe storms knocked out power to as many as 75,000 customers across Minnesota where power poles were toppled and winds gusted as high as 81 mph in the state’s southern region. The largest power outages were west of the Twin …

Allstate Corp. said it is accelerating its plan to increase auto insurance rates as it reported unprofitable results for the second quarter. Allstate booked a net loss of $1.04 billion in the second quarter compared with a net income profit …

Boston-based Safety Insurance touted a combined ratio of 92.1 and a win in a COVID-19 business interruption court case as highlights for its second quarter. However, second quarter net income was $7.9 million compared to $37.7 million for the comparable …

At-Bay Expands Insurance Offerings With Launch of Miscellaneous Professional Liability At-Bay announced the launch of its Miscellaneous Professional Liability (MPL) product, becoming the first to offer an automatically underwritten policy that customizes coverage and pricing across more than 50 diverse …

Multiple organizations are providing support to flood victims in eastern Kentucky. Gov. Andy Beshear has established the Team Eastern Kentucky Flood Relief Fund. Beshear says tax-deductible donations first will go toward paying for each flood victim’s funeral. Among other groups …

A Utah man has been arrested on accusations he started a wildfire while trying to burn a spider with his lighter. Cory Allan Martin, 26, told deputies that he spotted the spider Monday while he was in a hiking area …

Personal and commercial rate increases stabilized virtually across the board in the second quarter of 2022, according to MarketScout’s Market Barometer. U.S. personal lines rates increased 5.16 % in the second quarter – close to the 5.2 % increase seen …

A New Jersey construction company and its principal have been charged with willfully violating federal workplace safety regulations at a Poughkeepsie, New York construction site where a wall collapsed, killing a worker in 2017. Prosecutors allege that the death was …