Posts by Hometown Insurance

Richard Alexander Murdaugh, the disbarred South Carolina attorney found guilty in 2023 of murdering his wife and son, won his bid Wednesday to overturn his conviction and get a new trial over comments the county clerk made to jurors. The …

AM Best has downgraded the credit ratings of Massachusetts-based workers’ compensation carrier Arrow Mutual Liability Insurance Co. The ratings firm downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) …

Workers at Denver airport missed a security breach by a man who scaled a perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said …

A pair of South Florida wildfires that torched thousands of acres in the Everglades over the weekend spread Monday as fire crews worked to contain them. The Florida Forest Service posted on Facebook that the growing fires were producing smoky …

California Attorney General Rob Bonta is looking into what he says are reports of misleading ticketing practices for the 2026 FIFA World Cup that are potential violations of California law. Bonta sent a letter to FIFA raising concerns about ticketing …

New York State is providing financial assistance to a captive insurer and taking other steps to advance this form of self-insurance as part of an effort to lower insurance costs for operators of affordable housing. The state has made a …

While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla’s insurance operations skyrocketed 40.7%, according to a new analysis. S&P Global Market …

This edition of International People Moves details appointments at Ariel Re and McLarens. A summary of these new hires follows here. Ariel Re Taps Gallagher Re’s Sammons as Active Underwriter of Syndicate 2006 Ariel Re, the Bermuda-based reinsurer, announced the …

Insurance brokerage IMA Financial Group, Inc. announced the completion of an equity recapitalization transaction. Oak Hill Capital and New Mountain Capital are each taking minority positions, with additional participation from HarbourVest Partners and a select group of prominent institutional co-investors. …

A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing …