Posts by Hometown Insurance

Arthur J. Gallagher & Co. acquired Denver, Colorado-based Surescape Insurance Services LLC. Doug Rothey and his team will remain in their current location under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations. Surescape is …

Progressive’s insureds in Florida who held auto policies in 2023 and 2024, then switched to another carrier, may not qualify for a refund, despite a state law that measures excess profits over a three-year period. Progressive officials said that the …

Already suing the current CEO of Howden US and others, all former employee, for breach of various employee contracts, broker Marsh has filed a new lawsuit again another group of former employees now at Howden US. The lawsuit filed Nov. …

A Chubb subsidiary says it is not obligated to cover a Ramada Inn franchise policyholder that has been ordered to pay $4.1 million to its parent company for a judgment in a sex trafficking case. The Philadelphia motel franchisee, Eighty …

JBS SA, the world’s largest meatpacker, has agreed to pay $1.1 million to settle a lawsuit by the state of New York over allegations the company misled the public about reducing the impact of its operations on the environment. As …

Some of the most sizable and troubled nursing homes in the state of Vermont have struggled for much of this year to provide sufficient care under new ownership, logging violations that included a death, injuries and neglect of residents. The …

Global efforts to slash emissions are set to pick up significantly in the years to come. That’s according to an analysis of the Group of 20 countries by London Stock Exchange Group Plc. The findings, which point to “a material …

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayman …

Typhoon Kalmaegi killed 21 people and displaced nearly 400,000 more as it dumped heavy rains and caused widespread flooding in central Philippines, according to officials and local media. Many of the fatalities were in Cebu province where residents were trapped …

Li Auto Inc. is recalling 11,411 of its flagship Mega multi-purpose electric vehicles in China after one of its cars caught fire [on October 23], highlighting growing concerns about EV safety. The recall covers the 2024 model of the Mega …