Posts by Hometown Insurance
People Moves: W. R. Berkley Makes Executive Appointments; Everest Group Names Habayeb CFO
W.R. Berkley Corp., headquartered in Greenwich, Connecticut, named Lee Iannarone executive vice president. He is succeeded by Stephen Kennedy, who has been named senior vice president and general counsel. Iannarone began his tenure with the company in 2023 as senior …
Read More Volkswagen, Porsche Recall Over 500,000 Vehicles With Rearview Camera Glitch
Problems with the rearview mirror have forced Porsche and now parent company Volkswagen to recall over half a million vehicles collectively in the United States, where the National Highway Traffic Safety Administration announced the latest round of measures on Tuesday. …
Read More Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling
Florida insurance agents and brokers can breathe at least a little easier after a state appeals court effectively reversed hefty damages in a case that had threatened to expand agents’ duties to insureds as well as their liability in coverage …
Read More New Jerseyans Get $86 Million in Medical Debt Relief
New Jersey Governor Phil Murphy announced that more than 53,000 residents will see a combined $86 million in medical bills abolished as a result of the state’s ongoing partnership with national nonprofit Undue Medical Debt. This marks the state’s sixth …
Read More New York Regulates Consumer Litigation Financing
New York State has a new law that regulates the industry that provides consumers with funds for living expenses while their legal cases are in process in exchange for a share of any settlement or judgment. Under such contracts, consumers …
Read More JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims
California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …
Read More Trucordia Acquires First Texas Agency
Trucordia announced the acquisition of the First Texas Agency business, based in Houston, Texas. With a commitment to guiding clients with education about insurance solutions, First Texas Agency builds strong client relationships throughout the Houston area and beyond. Helfer & …
Read More Houston Homeowners Win Hurricane Harvey Appeal Against Feds
A federal appeals court has ruled that the government is liable for damage to homes that flooded upstream of the Addicks and Barker dams after Hurricane Harvey unleashed more than 50 inches of rainfall on the Houston region in 2017. …
Read More Zurich and Players Health Form Injury Insurance for NIL era of College Sports
Zurich North America and Players Health, a provider of athlete safety and insurance solutions, have teamed up to introduce a Critical Injury Protection Insurance solution for colleges, universities, collectives and their student athletes who receive name, image and likeness (NIL) …
Read More People Moves: Westfield Specialty Taps Sompo’s Röskau for New Company Market Unit
Westfield Specialty announced the appointment of Cornelia Röskau as chief executive officer of the newly formed Europe company market, Westfield Specialty Europe, which will begin underwriting business in April, subject to regulatory approval. She will be based in Luxembourg and …
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