Posts by Hometown Insurance
Markets/Coverages: Bold Penguin Adds Parametric Coverage With Adaptive Partnership
Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is pioneering the path to resilience in the face of emerging climate risks, starting with their GridProtect parametric power outage coverage. …
Read More Viewpoint: Healthcare Cyber Insurance at an Inflection Point
The cyber insurance market is reaching an inflection point where underwriting companies must differentiate healthcare from other industries in how the risk is evaluated, priced, and how claims are managed. Healthcare cyber claims data tells a consistent and troubling story: …
Read More The Rise of AI Reasoning Models Comes With a Big Energy Tradeoff
Nearly all leading artificial intelligence developers are focused on building AI models that mimic the way humans reason, but new research shows these cutting-edge systems can be far more energy intensive, adding to concerns about AI’s strain on power grids. …
Read More ‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course
The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal Florida’s personal injury protection …
Read More TSLA Announces Election of Officers & Directors at 2025 Annual Meeting
The Texas Surplus Lines Association, Inc. announced the election of the following Officers and Directors at its 70th Annual Meeting held at the Four Seasons Hotel Austin on November 10, 2025. President – Terence Babler, Vice President, Property Broker Brown …
Read More Amynta Group Completes Acquisition of Louisiana’s International Sureties
Amynta Group has completed its acquisition of commercial surety broker Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”). International Sureties is a Louisiana-based specialty surety broker, providing a broad range of commercial surety products, including …
Read More Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says
The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 0966.HK, …
Read More People Moves: Westfield Specialty International Taps Zurich’s Watson to Lead New Cyber Offering; Liberty Names Delvos From Corvus as Head of Cyber and Tech E&O, Europe
This edition of International People Moves details appointments at Westfield Specialty International and Liberty Specialty Markets. A summary of these new hires follows here. Westfield Specialty Int’l Taps Zurich’s Watson to Lead New Cyber Offering Westfield Specialty International has named …
Read More Applied Systems, Comulate Spar Over Trade Secret Theft Allegations
Competitors in the insurance technology market are now warring through litigation, with each company bringing hard-hitting allegations against the other. Late last month, insurance software provider Applied Systems sued Comulate on allegations that Comulate created a fake agency to take …
Read More Texas’ Camp Mystic Announces New Safety Upgrades Following Tragic Flood
The owners of an all-girls summer camp in the Texas Hill Country, where 25 campers and two teenage counselors died in catastrophic July 4 flooding, announced plans on Tuesday for new safety upgrades that will be in place when a …
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