Posts by Hometown Insurance

Seventeen additional former N.C. State male athletes have joined a state lawsuit alleging sexual abuse under the guise of treatment and harassment by the Wolfpack’s former director of sports medicine, pushing the total number to 31 in a case that …

Zurich Insurance’s bid to buy British insurer Beazley will set the stage for further deals in the sector as buyers jostle for exposure to the lucrative specialty lines market, analysts, industry advisers and a broker said. London-listed Beazley said on …

Ryan Specialty, the international specialty insurance intermediary, announced the appointment of Stephen Stewart as chief executive officer of Ryan Specialty Canada Ltd., the newly formed Canadian operating and holding entity for Ryan Specialty’s underwriting management businesses in Canada. Stewart will …

Presumably, many insurers in the next couple of weeks will continue to announce very favorable quarterly and full-year earnings—the kind of numbers that could draw the attention of legislators and regulators. Asked his thoughts on the potential for the implementation …

Two years after a former University of California, Los Angeles, gynecologist was convicted of sex abuse and sentenced to 11 years in prison, an attorney working to prepare an appeal of the case stumbled across an astounding find for the …

British authorities investigating baby formula contamination said on Thursday there had been 36 likely cases of children developing symptoms consistent with poisoning from affected batches in the country. Nestle recalled some batches of its key infant nutrition products, including SMA, …

Two Southeastern states’ insurance commissioners this week posted sternly worded bulletins, warning property insurers about improper policy cancellations and claims denials. Following severe winter storms that swept across the South early this week, Commissioner Carter Lawrence and Tennessee Attorney General …

The captain of a container ship that crashed into a U.S. tanker off Britain’s east coast last year was jailed for six years on Thursday for causing the death of a crew member through gross negligence. Russian national Vladimir Motin, …

On Wednesday, just over a week after a U.S. District Court judge ordered New Hampshire to take all necessary steps to continue its vehicle inspection program, the New Hampshire Executive Council voted to let the state’s emissions testing contract expire. …

An Asian cyber-espionage group has spent the past year breaking into computer systems belonging to governments and critical infrastructure organizations in more than 37 countries, according to the cybersecurity firm Palo Alto Networks, Inc. The state-aligned attackers have infiltrated networks …