Posts by Hometown Insurance
Water ‘Bankruptcy’ Era Has Begun for Billions, Scientists Say
A new era has begun of “global water bankruptcy,” with humans depleting freshwater systems to the point they can’t recover, according to a new United Nations report. Three-quarters of the world’s population — about 6.1 billion people — now live …
Read More Trump Backs Down on Greenland Tariff Threats, Rules Out Use of Force
U.S. President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out the use of force and suggested a deal was in sight to end a dispute over the Danish territory …
Read More AI Company Eightfold Sued for Helping Companies Secretly Score Job Seekers
Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many other Fortune 500 companies, is being sued for allegedly compiling reports used to screen job applicants without their knowledge. The lawsuit filed in California on …
Read More People Moves: Crawford & Company Launches New Structure, Names Hoberman CEO of US Operations; Converge Appoints Altman CTO
Crawford & Company Announces New Operating Divisions, Appoints Hoberman CEO of US Operations Crawford & Company, headquartered in Atlanta, has announced a new global operating structure. Effective Jan. 1, Crawford operates under two divisions – U.S. Operations and International Operations. …
Read More Pace of Insurance M&A Lagged in 2025 With No ‘Mad Dash’: OPTIS
Insurance agency mergers & acquisitions were down 12% in 2025, compared with 2024. According to investment banking and financial consulting firm OPTIS Partners, there were 695 insurance agency deals in 2025. There were 787 deals in 2024. Despite an uptick …
Read More Falls Were Most Common Safety Violation in Washington for 20th Straight Year
Falls from heights were the most cited serious workplace safety violation by the Washington State Department of Labor & Industries for the 20th straight year. In the past four months, L&I issued $1.4 million in fines to five construction companies …
Read More Appeals Court Allows for Separate Loss-of-Consortium Damages
A Missouri spouse can collect loss-of-consortium damages separate from her husband’s underinsured-motorist benefits, a federal appeals court ruled. The 8th U.S. Circuit Court of Appeals concluded that an Auto-Owners Mutual Insurance Company auto policy was poorly drafted. Therefore, its ambiguity …
Read More People Moves: Howden Launches US Cyber Practice
Howden today announced the launch of a U.S. cyber practice, with Juliet White hired as head of cyber and Lou Botticelli as cyber brokerage leader. Since May 2022, White has been head of cyber at E&O at Vantage Risk Cos. …
Read More Outlook on Reinsurance Has Changed; Pre-2023 Property Pricing Is Back: AM Best
AM Best’s outlook for the global reinsurance segment is no longer positive, the rating agency announced Monday, citing the uptick in property reinsurance price drops and concerns about casualty reinsurance loss trends. The outlook is now stable, AM Best said …
Read More Risk Advisory Zurich Resilience Solutions Starts Data Center Practice
Zurich Resilience Solutions (ZRS), a risk advisory and engineering service and part of Zurich Insurance, announced the formation of a specialized Data Center Risk Advisory practice, which brings together more than 100 expert risk engineers with experience supporting complex data …
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