Posts by Hometown Insurance
Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt
The Trump administration is moving to overrule any state laws that may protect consumers’ credit reports from medical debt and other debt issues. The Consumer Financial Protection Bureau has drafted what’s known as an interpretative rule related to the Fair …
Read More Don’t Forget the Front Line: Why Insurers Need to Research the Agent Experience
In the rush to improve customer experience, many insurers have overlooked a critical group of stakeholders: the independent brokers and agents who sell their products every day. With this group now numbering over 1 million individuals in the U.S., they …
Read More Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda
Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in close collaboration with leading RI brokers and …
Read More The Fidelis Partnership Launches 2nd Lloyd’s Syndicate, Backed by PE Firm Blackstone
The Fidelis Partnership (TFP) announced the launch of Syndicate 2126 in partnership with funds managed by Blackstone, the alternative asset manager and private equity company, following in-principle approval from Lloyd’s. The syndicate will write across a number of property, specialty …
Read More Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica, causing …
Read More Satellite Data Reveals Hurricane Melissa Damage in Jamaica
As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and much of the Western part of the country. At least 40% of the buildings and roads in the worst-hit areas …
Read More Hot Weather Is Killing More Than Half a Million People a Year
Soaring temperatures are killing nearly 550,000 people around the world each year, part of a heat death toll that’s climbed more than 20% on a population-adjusted basis since the 1990s, according to the latest edition of the Lancet’s annual report …
Read More People Moves: Tiesi Joins Canopius as US Head of Financial Lines
Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio across Canopius’ U.S. operations. Tiesi has over 25 years of experience in financial and professional liability underwriting, with expertise in …
Read More Universal Music Settles Lawsuit With AI Startup Udio
Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service. Udio will launch the new platform next year, powered by AI …
Read More France Makes New Arrests in Louvre Heist; Jewels Still Not Found
Five more people have been arrested in the Louvre heist case, the Paris prosecutor said Thursday, after two alleged members of the group that stole jewels from the museum were charged. Authorities linked one of the new individuals detained to …
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