Posts by Hometown Insurance

Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company sizes. Artificial intelligence took the No. 2 spot, up from tenth …

The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Underwriters are now charging about 1% of the value of a ship …

Mosaic Insurance, headquartered in Hamilton, Bermuda, has expanded its North America and international transactional tax-liability teams to meet heightened demand in the sector, with the recent addition of four tax-risk specialists and the promotion of another. Mosaic’s tax team now …

Asta, the London-based provider of specialist underwriting platforms and services, announced the launch of MGA Verde Risk Management Ltd., which received regulatory approval from the UK regulator in December 2025. Specializing in the financial lines market, predominantly commercial crime, management …

A crane collapsed onto a road near Thailand’s capital on Thursday, crushing two vehicles and killing two people a day after a similar accident in the northeast caused the derailing of a train and the deaths of 32 passengers. Thailand’s …

The dark fleet of tankers shipping illicit oil around the world is rushing to seek the perceived protection of the Russian flag after the US started seizing vessels involved in the Venezuelan trade. At least 26 ships have switched registration …

British financial regulators, including the Bank of England, have signed an outline deal with their European counterparts to enhance cooperation and oversight of providers deemed critical to the financial services sector, the BoE said on Wednesday. The memorandum of understanding …

SIAA, the nation’s largest alliance of independent insurance agencies, has announced a new partnership with Progressive that will expand members’ access to both personal and commercial lines options. SIAA and Progressive’s partnership is a strategic decision at a time when …

Denmark said a “fundamental disagreement” remained after a high-stakes meeting with the US over Greenland as several countries including Germany said they’d send military personnel to the Arctic island. Foreign ministers from Denmark and Greenland met with US Vice President …

Personal information of about 750,000 Canadian investors has been impacted by a “sophisticated phishing attack,” according to the Canadian Investment Regulatory Organization, in an update on the fallout from a major breach disclosed in August. Information that might have been …