Posts by Hometown Insurance

The U.S. Department of Labor has obtained a default judgment requiring Akron, Ohio-based Markham Machine Co. Inc. and its owner to restore more than $134,000 to the company’s retirement plan after the company violated federal law. Entered by the U.S. …

Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new advice that pregnant women avoid the pain …

The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United …

A federal judge in California on Thursday preliminarily approved a landmark $1.5 billion settlement of a copyright class action brought by a group of authors against artificial intelligence company Anthropic, according to the authors’ representatives. The proposed deal marks the …

ACORD announced that Chris Newman has been appointed chief executive officer of ACORD Solutions Group (ASG). Newman has led (re)insurance company operations across both the retail and specialty markets, including setting up operations in North America, Latin America, Asia and …

Donegal Insurance Group and ECM Insurance Group announced that ECM will acquire the renewal rights to Donegal’s entire book of farmowners insurance business in the states of Pennsylvania, Delaware, Virginia, Ohio and Indiana in 2026. The book represents approximately $8 …

Bracing himself against the current in waist-deep water, Clancy Loorham wrestles a broken length of PVC pipe from the rocky bottom of the French Broad River and peers inside. “I got a catfish in the pipe,” the 27-year-old with wispy …

A jury has awarded $205 million to the parents of a 6-year-old girl who fell to her death at a Colorado amusement park after she wasn’t strapped into a ride. The verdict was reached in Glenwood Springs, where Wongel Estifanos …

From cultivation to cash registers, cannabis-related claims can face special challenges. When asked about the biggest exposures in the cannabis industry, Beth Ossino, claims manager at Golden Bear Insurance Company, pointed to theft and robbery. During Insurance Journal’s annual Insuring …

This edition of International People Moves details appointments at Covéa Insurance and Ryan Re Underwriting Managers. A summary of these new hires follows here. Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK Covéa Insurance, the UK …