Posts by Hometown Insurance
Viewpoint: Legal Finance and Insurance – From Confusion to Collaboration
We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …
Read More Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans
Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …
Read More People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS Taps LSM’s Edwards as Head of Delegated Strategy, Global Mkts
This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability DUAL Europe, the managing …
Read More Reddit Sues Australia Over Social Media Ban, Citing Free Speech Threat
Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. …
Read More Lapses Gave Louvre Thieves Crucial 30-Second Advantage Against Police, Inquiry Finds
The burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular heist showed on Wednesday. Four burglars made …
Read More Floods, Falling Rocks Force Closure of Major Highways to Vancouver
Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday. “This situation is evolving and very dynamic,” said the transport ministry …
Read More US Preparing to Seize More Tankers off Venezuela’s Coast After First Ship, Sources Say
The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure was …
Read More Climate Change Supercharged Deadly Asia Floods, Study Finds
Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research. A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least …
Read More Applied Underwriters Golf Invitational Nets Record-Breaking $15.2 Million for Charities
The Applied Underwriters Invitational said its annual golf competition raised a record-breaking $15.2 million for charities across the nation. The record exceeds last year’s $14 million, and boosts Applied Invitational’s 38-year total to over $316 million in charitable contributions. There …
Read More Big ‘I’ CEO Symington Named Among Top Lobbyists for 2025
The Hill, a prominent Washington, D.C.-based political newspaper, named Charles Symington, president and CEO of the Independent Insurance Agents & Brokers of America (Big “I”), among the top trade association lobbyists in the nation’s capital this year. The Big “I” …
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