Posts by Hometown Insurance

Hilb Group announced that it has acquired a Louisiana-based property and casualty agency. Hilb did not specify the name of the acquired agency. The acquisition takes effect today and builds on the company’s growing presence in the Central region.

Fees for insurance producers, continuing education providers, premium finance companies and more are going up in Alabama for the first time in years if new regulations are approved. The Alabama Department of Insurance announced it will hold a hearing at …

The San Francisco Catholic Archdiocese has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, plaintiffs’ attorneys said Monday. San Francisco Archbishop Salvatore Cordileone will have to write an apology letter …

Nancy Bewlay will become American International Group’s new global chief underwriting officer in the insurer’s latest development at top leadership. Bewlay, who was most recently group chief underwriting and pricing officer at AXA Group since 2023, will start her new …

Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), announced the launch of Adroit Underwriting Ltd., a Bermuda-based managing general agent that is focused on US small-and-medium enterprise (SME) casualty reinsurance. Adroit aims to provide disciplined, data-driven reinsurance …

Iran said a foreign container ship ran aground while sailing through the Strait of Hormuz via an “unauthorized” route, repeating its warning that vessels should only transit the waterway in coordination with the Islamic Republic. The state TV report didn’t …

Luigi Mangione’s federal trial in the killing of UnitedHealthcare CEO Brian Thompson will now begin in January instead of the fall, a judge said Monday at a hearing that started late because Mangione got stuck in a courthouse elevator. U.S. …

CRC Benefits, a division of CRC Group headquartered in Dallas, Texas, hired Karen Crotty as a benefits sales executive to lead a new Northeast-focused department serving brokers in New Jersey, New York, Pennsylvania, and Maryland markets. Hired specifically for this …

A passenger jet reported striking a drone while approaching JFK International Airport on Monday, and just hours later, a helicopter pilot alerted a close call with a remote-control airplane near the same airport. The Federal Aviation Administration is investigating the …

Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorization. The claimants, some of whom said they had …