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Posts by Hometown Insurance

Climate Change and Budget Cuts Fueled South American Blazes

By Hometown Insurance | February 11, 2026
Human-induced climate change, along with land-use shifts and budget cuts, likely worsened recent wildfires in Argentina and Chile that are threatening some of the world’s oldest trees, an analysis has found. These regions are now receiving 20% to 25% less …
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Canadian Airlines Suspend Cuba Flights as Island Set to Run Out of Jet Fuel

By Hometown Insurance | February 11, 2026
Canadian airlines on Monday suspended flights to Cuba, which warned it was running out of jet fuel, as the U.S. tightens its grip on the communist-run nation’s oil supply by blocking shipments from Venezuela. Air Canada, the country’s biggest carrier, …
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Acorn Owners Said to Weigh Options for £1 Billion UK Cab Insurer

By Hometown Insurance | February 11, 2026
The owners of British specialist motor and home insurer Acorn Group are exploring strategic options including selling a controlling stake in the company, according to people familiar with the matter. The London black cab insurer’s shareholders, which include Inflexion Private …
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Viewpoint: Why Unified Data, Not More Data, Will Decide Insurance’s Next Winners

By Hometown Insurance | February 11, 2026
The role of data across the insurance value chain has evolved noticeably. What was once used primarily for retrospective reporting is now becoming a source of real-time intelligence that shapes daily decision-making. This shift is being driven by three forces: …
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A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch

By Hometown Insurance | February 11, 2026
Fitch Ratings said it does not expect autonomous vehicles (AVs) to “have any meaningful impact” on insurers in the next decade. Therefore, impacts to credit ratings will be modest. However, over time, the technology “will indelibly alter” the landscapes of …
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White House Says Trump to Rescind Climate Change Finding Key to Auto Emissions Rules

By Hometown Insurance | February 11, 2026
U.S. President Donald Trump plans to formalize on Thursday a move to overturn the Obama-era legal basis for federal greenhouse gas rules, which will lead to the repeal of vehicle emissions rules, the White House said on Tuesday. White House …
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Injured Employee Loses Evidence Spoliation Bid Over Video Erased by Employer

By Hometown Insurance | February 11, 2026
A Virginia public school employee must proceed with his workers’ compensation claim appeal without the evidence of a video he believes shows how and when he was injured at work. His employer, the Newport News Public Schools, erased the video …
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People Moves: Hinterland Insurance Names Krozy CUO, Harding VP Commercial Package and Property

By Hometown Insurance | February 11, 2026
Hinterland Insurance appointed Evan Krozy as the company’s chief underwriting officer and Kristine Harding as executive vice president, commercial package and property, reporting to Krozy. Krozy has more than 25 years of insurance experience, including commercial lines underwriting, specialty lines, …
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AIG Underwriting Income Up 48% in Q4 on North America Commercial

By Hometown Insurance | February 10, 2026
Fourth quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 48% compared with the prior year, to $670 million. The unit, which includes North America commercial, International commercial, and global personal—recorded $125 million in catastrophe-related charges …
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EPA Identifies Spilled Chemical Compound That Affected 260 Cars in Kansas

By Hometown Insurance | February 10, 2026
The EPA has identified the chemical compound spilled in Garnett, Kansas, on Dec. 31, 2025. Recent laboratory analysis corroborates EPA’s preliminary field screening results with a “high level of confidence” that the corrosive substance was sodium aluminate, the agency said. …
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Recent Posts

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