Posts by Hometown Insurance

Risk professionals’ salaries have increased an average of 11% since 2023, with chief risk officers/vice presidents of risk management seeing increases of 16%. The increases and other trends in risk management compensation are detailed in the RIMS 2025 Compensation Survey, …

Most carriers today generate leads from a mix of sources: agent driven activity, direct-to-consumer campaigns, affinity partnerships, and embedded insurance programs. Yet as acquisition costs rise and distribution ecosystems grow more complex, an insurance carrier’s competitive advantage is increasingly defined …

Danone has recalled at least three batches of its Aptamil baby formula in Germany, a letter to a wholesaler showed on Thursday, as the French food producer scrambles to contain a scare over a toxin contamination that started with Nestle …

MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts in a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …

New York and most of the Northeast will likely be spared the worst of a new winter storm this weekend that still may clip Cape Cod and eastern New England.

The Missouri Department of Commerce & Insurance (DCI) sent a bulletin to insurers this week requesting they provide current catastrophe/disaster coordination contact information. The bulletin, sent on Jan. 27, says that the contact should be available to communicate directly with …

Marsh reported fourth quarter revenue of $6.6 billion, an increase of 9% from $6.1 billion reported during the same period in 2024. Organic, or underlying growth, during Q4 was 4%, down from 7% in Q4 2024. Q4 2025 operating income …

The owner of the Massachusetts assisted living facility Gabriel House where 10 people were killed and 30 injured in a fire last July has been denied access to insurance proceeds he told a court are needed to repair the facility …

U.S. auto safety regulators are investigating a Waymo autonomous vehicle that struck a child near a school in Santa Monica, California, the second recent probe to examine the behavior of the Alphabet Inc. unit’s robotaxis near children. The vehicle collided …

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) of Aventus Insurance Company based in Fort Worth, Texas. These Credit Ratings …