Posts by Hometown Insurance
Former National General Loss Rep and Mom Charged With Fake Claims Scam
A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer. Horace Kelly, 40, and his mom, Greta …
Read More Iowa AG Sues Roblox for Allegedly Failing to Protect Kids on Gaming Platform
Attorney General Brenna Bird announced she has sued the online gaming company Roblox for allegedly failing to take necessary steps to protect Iowa kids from sexual exploitation, facilitating distribution of child sex abuse material, and failing to warn Iowa parents …
Read More Munich Re Offers Geothermal Risk Insurance in State-Backed Drive
Insurer Munich Re and Germany’s KfW Development Bank are introducing a state-backed program to mitigate the financial risk of geothermal drilling and encourage exploration for the renewable heat and power source. Geothermal power is an abundant energy source that can …
Read More Woman Charged After Razor Blades Found in Bread at 2 Mississippi Walmarts
A woman who allegedly pushed razor blades into loaves of bread at two Biloxi, Mississippi, Walmart stores was arrested on Tuesday. Camille Benson, 33, of Texas, has been charged with attempted mayhem. Her bond is set at $100,000. Harrison County …
Read More People Moves: Markel Int’l Taps AXIS’ Howell as Senior War and Terrorism Underwriter; Tokio Marine Kiln Appoints Jackson From Liberty as Cyber Underwriter
This edition of International People Moves details appointments at Markel Insurance and Tokio Marine Kiln. A summary of these new hires follows here. Markel Int’l Taps AXIS’ Howell as Senior War and Terrorism Underwriter Markel Insurance, the insurance operation within …
Read More Plans for Attack in New Orleans Thwarted, Feds Say
Plans to “carry out an attack” in New Orleans were thwarted after an ex-Marine was arrested while on the way to the Louisiana city with guns and body armor in the car, according to court documents obtained Tuesday by The …
Read More US Crypto Industry Cheers 2025 Wins, but Party May Fizzle Next Year
After celebrating Donald Trump’s second presidential term by swilling cocktails and partying to Snoop Dogg at a pre-inauguration event in January, the crypto industry went on to notch major legislative and regulatory victories this year. But the party may not …
Read More Business Moves: BMS Forms Strategic Partnership in India, Launches Dubai Subsidiary
BMS Group Ltd, the London-based re/insurance broker, this week announced a strategic partnership in India with Berns Brett India as well as the launch of BMS (DIFC) Ltd., in Dubai, with immediate effect. BMS has acquired a minority stake in …
Read More AM Best Removes Ratings of Pet Health Insurer From Under Review
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of pet health insurance provider Independence American Insurance Co. (IAIC). The outlooks …
Read More Russian Oil Tankers Cleave to Turkish Coast to Cut Drone Risks
Oil tankers hauling Russian crude across the Black Sea are taking a roundabout route along the coastlines of Georgia and Turkey — a measure that might help them to reduce the risk of being targeted by Ukrainian sea drones. Vessel …
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