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Posts by Hometown Insurance

Texas Power Grid Faces Major Test From Season’s Biggest Storm

By Hometown Insurance | January 22, 2026
A powerful winter storm descending on Texas on Friday will be one of the toughest tests of the state’s electric grid since the system collapsed during a deadly 2021 freeze. Ice is predicted for the Dallas area, the Panhandle is …
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Brown Students Return to Tighter Security After Campus Shooting

By Hometown Insurance | January 22, 2026
Brown University students resumed classes on Wednesday following a deadly shooting last month that shattered the typical sense of safety on the picturesque campus and spurred a review of the Ivy League institution’s security measures. A shooter attacked an exam-prep …
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Bill to Extend Federal Terrorism Backstop Weighed in House Committee

By Hometown Insurance | January 22, 2026
Looking to ensure the longevity of a worthwhile federal program, the insurance industry has continued to lobby in favor of the TRIA Program Reauthorization Act of 2026. A federal backstop for terrorism risk was first initiated late in 2002 by …
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Forecasters Warn of ‘Potentially Catastrophic’ Storm Across the South

By Hometown Insurance | January 22, 2026
With many Americans still recovering from multiple blasts of snow and unrelenting freezing temperatures in the nation’s northern tier, a new storm is set to emerge this weekend that could coat roads, trees and power lines with devastating ice across …
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Chicago Tow Truck Driver Charged Over Vehicle Thefts

By Hometown Insurance | January 22, 2026
Illinois Attorney General Kwame Raoul last week announced that his office charged a Chicago man over his role in the thefts of multiple vehicles while he was working for the city of Chicago in the Department of Streets and Sanitation …
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Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid

By Hometown Insurance | January 22, 2026
Beazley Plc has rejected Zurich Insurance Group AG’s £7.7 billion ($10.3 billion) takeover approach, the latest twist in the Swiss giant’s attempt to acquire the UK specialty insurer. London-listed Beazley said its board has unanimously turned down Zurich’s latest cash …
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Japan’s TEPCO Pauses Nuclear Reactor Reboot Day After Milestone Restart

By Hometown Insurance | January 22, 2026
Tokyo Electric Power Co., Japan’s largest utility, suspended the restart process of its nuclear power plant in Niigata prefecture, less than a day after resuming its first reactor since the 2011 Fukushima disaster. TEPCO, as the utility is known, said …
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Markets/Coverages: DUAL LatAm Partners With Ki to Expand Region’s Property Capacity

By Hometown Insurance | January 22, 2026
DUAL LatAm, part of DUAL Group, announced a significant increase in property capacity across Latin America, marking a strategic expansion of the property binder established with Brit in 2025 and reinforcing its commitment to delivering robust, reliable solutions in a …
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People Moves: Fagan Joins Brown & Riding’s National Property Practice

By Hometown Insurance | January 22, 2026
Brown & Riding, headquartered in Dallas, Texas, hired Seth Fagan to its national property practice. Fagan has over 20 years of experience in the wholesale insurance space. He specializes in complex property risks, including, but not limited to, commercial real …
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Dairy Giants Rush to Recall Infant Formula After Expanding Contamination Scare

By Hometown Insurance | January 22, 2026
Three of the world’s largest dairy companies are recalling and blocking batches of infant milk formula after a contamination scare that began with Nestle widened on Wednesday to French groups Danone and Lactalis. The recalls highlight how a single compromised …
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