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Posts by Hometown Insurance

Markets/Coverages: Mosaic Offers Political Violence Cover in Europe, Capacity of €100M

By Hometown Insurance | October 6, 2026
Mosaic Insurance announced it now underwrites political violence coverage through its European headquarters in Germany to meet rising demand throughout the region. The company offers up to €100 million (US$112.1 million) of syndicated capacity, which is now accessible directly from …
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Pennsylvania High Court Upholds 48-Year Old Damages Cap Protecting State Agencies

By Hometown Insurance | October 6, 2026
The Pennsylvania Supreme Court last week upheld the constitutionality of the state’s $250,000 damages cap on claims against state agencies, turning aside arguments that the cap that was set in 1978 violates both the right to a jury trial and …
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Ukraine War Escalates as Black Sea Drone Strikes Hit Cargo Ships

By Hometown Insurance | October 6, 2026
Russian attacks on commercial vessels off the Black Sea’s western coast are on the rise, threatening to add strain to already-choked trade flows in the region. “Commercial ships — and innocent crews — are being targeted, with lives already lost …
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ASOS Plc Shares Slump After App Users Receive Hack Notification

By Hometown Insurance | October 6, 2026
ASOS Plc shares slumped the most in a year after users of its shopping app received a notification indicating its systems were hacked. The notification, seen by Bloomberg and widely reported on social media, appeared to refer to the British …
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ICW Group Expands Commercial Lines Portfolio in California

By Hometown Insurance | October 6, 2026
ICW Group Insurance Companies is launching five commercial lines for California businesses to complement the company’s workers’ compensation offering. The company is now accepting submissions for policies effective Jan. 1, 2027, and beyond. The new offerings include commercial property, general …
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People Moves: PhiloSmith Promotes Yazmer to Partner

By Hometown Insurance | October 6, 2026
PhiloSmith & Co., headquartered in Stamford, Connecticut, promoted Andrew Yazmer to partner and managing director. Yazmer joined PhiloSmith in 2019 after working as an actuary at John Hancock and as an investment banker at Sandler O’Neill. Since joining PhiloSmith, he …
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Pennsylvania Measles Cases Rise to 1,004 as Outbreak Spreads

By Hometown Insurance | October 6, 2026
Pennsylvania’s health department reported 1,004 measles cases as of Monday, as the state grapples with a fast-growing outbreak. Five Pennsylvania residents have died after contracting the highly contagious disease, as cases in the US reach their highest level in more …
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New York State Declares Measles Disaster Emergency

By Hometown Insurance | October 6, 2026
New York Governor Kathy Hochul declared a statewide disaster emergency on Monday over a measles outbreak, the first such declaration by a U.S. state since cases began surging in 2025. The state also expanded the pool of health professionals allowed …
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L’Oreal Explores Unloading Chemical-Related Liabilities, WSJ Reports

By Hometown Insurance | October 6, 2026
L’Oreal has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall Street Journal reported on Monday. The cosmetics maker’s US …
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Industry Reacts to Senators’ Letter for Claims Data and Recent Reports

By Hometown Insurance | October 6, 2026
Senators Elizabeth Warren and Josh Hawley are on the wrong track and misunderstand the influences that can affect claims, the industry said. The senators have sent letters to some of the largest personal lines insurers in the U.S., asking for …
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Recent Posts

  • Markets/Coverages: Allianz UK Enhances Renewable Energy Cover, With Multi-Tech Offer
  • FEMA Launches Online Purchasing for Flood Insurance Policies
  • Georgia Amusement Park Reopened After Ride Death but Coaster Still Closed
  • Fire Forces Evacuation of Miss. Senior Living Center and Destroys Much of Building
  • Trump Signs Executive Order Aimed at Taming Housing Costs

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