Posts by Hometown Insurance

Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. The European Banking Authority is currently developing ways to measure the financial impact of extreme heat, a spokesperson for the Paris-based …

CFC, the London-based specialist MGA, announced the appointment of Adam Winslow as group chief executive officer. The current Group CEO Louise O’Shea, who has served for nearly six years, first as independent non-executive and latterly as CEO, will be stepping …

Iran fired at least two missiles at commercial ships transiting the Strait of Hormuz on Monday night, Axios reported, testing a late-June deal with the US to halt attacks as the two sides work toward a peace agreement. Both vessels …

The New York City Health Department reported last evening that the number of cases of Legionnaires’ disease in the Upper East Side neighborhoods of Carnegie Hill and Yorkville has risen to 23, with 17 people being hospitalized. The city reports …

“As our high school mathematics teachers reminded us: you need to show your work. That is true for the commissioner’s calculations as well.” With that admonition, the Massachusetts Supreme Judicial Court criticized and returned the 2024 and 2025 workers’ compensation …

Louisiana Insurance Commissioner Tim Temple has issued an emergency rule suspending insurance cancellations and non-renewals in certain parishes as the state recovers from Tropical Storm Arthur. Emergency Rule 50 states that insurers refrain from issuing any notice of cancellation, notice …

Farmers Insurance has agreed to pay $2.87 million to settle a class action lawsuit alleging a Texas insurance agent sent unsolicited calls and texts in violation of the federal Telephone Consumer Protection Act. The class action alleges that Todd Henderson …

July is Vehicle Theft Prevention Month, and Missouri Department of Commerce and Insurance (DCI) is using this month to inform drivers of ways to protect their vehicles from theft. In 2025, there were approximately 660,000 vehicle thefts reported in the …

Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because of their growing influence on consumer financial decisions. In a review commissioned by the Financial Conduct Authority and published on …

New Zealand’s flood-prone homes are outperforming the rest of the country’s moribund housing market, as buyers chase lower prices and shrug off climate risks. Properties facing the highest flood risk have gained 26.1% in value since January 2020, compared with …