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Posts by Hometown Insurance

Developer Bets on Mid-Class Rentals in Luxury-Obsessed Miami

By Hometown Insurance | August 4, 2025
A Spanish developer is planning an $880 million workforce housing project in Miami that would include more than 4,000 apartments, childcare, and even a test kitchen — an ambitious bid to offer below-market housing in a city known for ultra-luxury …
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In Commuters’ Wurst Nightmare, Hot Dog Spill Shuts Highway

By Hometown Insurance | August 4, 2025
SHREWSBURY, Pa. (AP) — A truckload of hot dogs spilled across a Pennsylvania interstate Friday after a crash that briefly clogged the heavily traveled artery in both directions. Crews were stuck with a job they did not relish — rolling …
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Marsh McLennan Acquires Olympic Insurance Agency in California

By Hometown Insurance | August 4, 2025
Marsh McLennan Agency acquired Olympic Insurance Agency in a Simi Valley, California. All Olympic employees, including principals Don and Bob Barberie, will remain working out of their existing Simi Valley office. Olympic primarily provides business insurance, employee benefits and personal …
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Hearings Into Fatal Helicopter-Plane Crash in DC Reveal ‘Layers of Deficiencies’

By Hometown Insurance | August 3, 2025
The pilots of a U.S. Army helicopter that collided with a passenger jet over Washington in January would’ve had difficulty spotting the plane while wearing night vision goggles, experts told the National Transportation Safety Board on Friday. The Army goggles …
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Lenders Get Reprieve in UK Motor Finance Case From Top Court

By Hometown Insurance | August 1, 2025
A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges agreed to rein in a lower court’s ruling that could have cost the banks billions more in consumer payouts. The …
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Trump Tariff Blitz Unleashes Delayed Shock to Global Economy

By Hometown Insurance | August 1, 2025
Four months after Donald Trump shocked the world and roiled markets by unveiling a placard full of tariff rates at the White House Rose Garden, his revisions unveiled Thursday generated a more subdued response among investors. But at an average …
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Trump Hits Dozens More Countries With Steep Tariffs

By Hometown Insurance | August 1, 2025
U.S. President Donald Trump imposed steep tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, ahead of a Friday trade deal deadline, pressing ahead with plans to reorder the global economy. Trump set rates including …
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Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024

By Hometown Insurance | August 1, 2025
Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology. The figure includes the direct costs of known espionage incidents, including state-sponsored theft of intellectual property, as well as the indirect …
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AXA Shares Decline on Net Income Miss, Italian Takeover

By Hometown Insurance | August 1, 2025
AXA SA fell the most in almost four months after profit missed estimates and the French insurance group agreed to buy a majority in Italian car insurer Prima Assicurazioni. The stock fell as much as 7%, the biggest intraday decline …
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People Moves: QBE Hires ERGO’s Peerdeman to Launch Marine Insurance in Netherlands; HDI Global Appoints 2 New Leaders in Long-Tail Segment

By Hometown Insurance | August 1, 2025
This edition of International People Moves details appointments at QBE and HDI Global. A summary of these new hires follows here. QBE Hires ERGO’s Peerdeman to Launch Marine Insurance Biz in Netherlands International business insurer QBE has hired marine insurance …
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Recent Posts

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  • Prudential Reimburses 2.85 Billion Yen After Misconduct Probe

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