Posts by Hometown Insurance
UK’s Admiral Group Completes Sale of US Motor Business to PE Firm J.C. Flowers
UK insurer Admiral Group plc announced it has completed the sale of its U.S. motor insurance business – including Elephant Insurance Co. and Elephant Insurance Services – to J.C. Flowers & Co., the private equity firm, effective from December 31, …
Read More Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we’re living through another financial bubble that’s destined to burst. The answer isn’t so simple, at least according to history. The …
Read More Germany Sees Russian Covert Attacks as Prelude to Wider Conflict
Russia is intensifying covert attacks on key infrastructure in Germany in a campaign of hybrid warfare that Berlin views as a possible prelude to a wider conflict, according to a military document obtained by Bloomberg. As Germany positions itself as …
Read More Oil Tankers Sail From Venezuela With no Flag or Safety Documents, Shipping Data Show
Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The location of the vessels is unknown …
Read More High-Net-Worth Provider PCS Gets Former PURE CEO Buchmueller as Chairman
Ross Buchmueller, founder and former CEO of PURE Insurance, will be joining the board of managing general underwriter Private Client Select Insurance Services as chairman. Buchmueller announced Jan. 5 on LinkedIn that he agreed to serve as chair of the …
Read More Former Exec Sues Insight Partners for Being ‘Impossible for Women’
A former vice president at Insight Partners has sued the venture capital firm for wrongful termination and gender discrimination, accusing the prominent investor of keeping women from its highest levels. Katherine Lowry, a consultant and tech company strategist who joined …
Read More SCDOI Says Uninsured Motorist Fund Payments Should be Considered ‘Other Income’
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance announced in …
Read More Viewpoint: Georgia Reforms May Reshape Markets in Unintended Ways
Georgia lawmakers enacted two consumer-focused statutes that have gone into effect with the New Year that acknowledge and address one simple, but critical fact of life: Time is money. Approved by legislators in May 2025, Georgia Act 277 makes a …
Read More People Moves: Alliant Hires Ellison as SVP, Employee Benefits
Jason Ellison has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Nashville, Tennessee, Ellison will serve a national client base, providing strategic guidance across all aspects of employee benefits and total rewards programs. …
Read More People Moves: Novatae Group Names Juergens as CFO
Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Walter Juergens has joined the company as its new chief financial officer. In this role, Juergens will be responsible for all aspects of the company’s financial management, …
Read More