Posts by Hometown Insurance
Markets/Coverages: Mosaic Offers Political Violence Cover in Europe, Capacity of €100M
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 …
Read More Pennsylvania High Court Upholds 48-Year Old Damages Cap Protecting State Agencies
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 …
Read More Ukraine War Escalates as Black Sea Drone Strikes Hit Cargo Ships
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 …
Read More ASOS Plc Shares Slump After App Users Receive Hack Notification
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 …
Read More ICW Group Expands Commercial Lines Portfolio in California
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 …
Read More People Moves: PhiloSmith Promotes Yazmer to Partner
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 …
Read More Pennsylvania Measles Cases Rise to 1,004 as Outbreak Spreads
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 …
Read More New York State Declares Measles Disaster Emergency
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 …
Read More L’Oreal Explores Unloading Chemical-Related Liabilities, WSJ Reports
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 …
Read More Industry Reacts to Senators’ Letter for Claims Data and Recent Reports
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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