Posts by Hometown Insurance
FAA Updates Altitudes, Changeover Points for Safe Airspace Navigation in Alaska
The Federal Aviation Administration has issued a final rule amending the instrument flight rules (IFR) altitudes and changeover points for several Federal airways, jet routes, and direct routes in Alaska. These changes are part of routine updates to ensure safe …
Read More Tropical Disturbance Expected to Bring Flash Flooding to Louisiana
A tropical disturbance is expected to make landfall near the northern Gulf Coast Thursday afternoon, creating flash flooding conditions for parts of south-central Louisiana. A moderate risk of excessive rainfall is in place along the south-central Gulf Coast of Louisiana, …
Read More Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period. Travelers’ second quarter underwriting profit was about $1 billion compared to …
Read More Oklahoma Farmer Killed in Water Buffalo Attack, Police Say
A farmer in a rural suburb outside of Oklahoma City was fatally attacked by a pair of water buffaloes he purchased at a livestock auction a day earlier, police said. Bradley McMichael, a farmer in the small town of Jones …
Read More Air India Junior Pilot Asked Captain Why He Turned Off Fuel Switches
A cockpit voice recording of doomed Air India Flight 171 indicates the younger co-pilot asked his more experienced colleague why he turned off the plane’s fuel-supply switches, according to people familiar with the matter. The information, from people who asked …
Read More People Moves: Hotchkiss Adds Three Partners
Hotchkiss Insurance, headquartered in Dallas, Texas, recently added three new partners: Riley Dearing, Jessica Goehring and Heather Etheredge. Dearing leads the West Texas region for the Hotchkiss Benefits Division. He gained experience across multiple industries before founding InCore Group, which …
Read More Camp Mystic Leader May Not Have Seen Alert Before Flood, Family Spokesman Says
The leader of Camp Mystic had been tracking the weather before the deadly Texas floods, but it is now unclear whether he saw an urgent warning from the National Weather Service that had triggered an emergency alert to phones in …
Read More How Hot Can It Get? Scientists Are Struggling to Find an Answer
How hot can a heat wave really get? Before June 2021, scientists thought they knew. That’s when one of the most extreme heat spikes ever observed hit western North America, leaving at least 1,400 people dead. Lytton, British Columbia, smashed …
Read More People Moves: Guy Carpenter Promotes Hakes as Global Head of Marine, Energy, and Technical Lines; Moody’s Names Aquino as Global Co-Head of Insurance
This edition of International People Moves details appointments at Guy Carpenter and Moody’s Ratings. A summary of these new hires follows here. Guy Carpenter Promotes Hakes as Global Head of Marine, Energy, and Technical Lines Guy Carpenter, the reinsurance brokerage …
Read More Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses
Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses from natural disasters increase, said the head of a global insurance supervisors’ organization. The protection gap refers to the difference …
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