Posts by Hometown Insurance
NJ Insurance Regulators Tell Lawmakers They Need Big Staff Increase
New Jersey’s insurance and banking regulators on Tuesday defended their push for a roughly 18% hike in their budget for the next fiscal year, a request that comes even as Gov. Mikie Sherrill has said she is seeking to close …
Read More North Texas Tornadoes Leave 2 Dead and Destroy Multiple Homes
A tornado-producing thunderstorm left at least two people dead in northern Texas and displaced at least 20 families, with many homes sustaining major damage, authorities said Sunday. At least one person was killed and numerous homes were damaged Saturday night …
Read More Dallas Hail, Tornado Threats Are Grounding Hundreds of Flights
A powerful band of thunderstorms threatening softball-sized hail, tornadoes and dangerous winds are menacing Dallas and the US South, grounding hundreds of flights and knocking out power to thousands. As of 3:45 p.m. local time, 278 flights were canceled at …
Read More Georgia Blaze Shows How Climate Change Has Led to More Wildfires in the East
Often considered more a problem for Western North America, wildfires are becoming more intense, frequent and damaging in the East, such as this week’s blaze that destroyed dozens of homes in Georgia, fire scientists said. Researchers blame a number of …
Read More Register: Risky Future AI Tools for Commercial Auto, Telematics & Fleet Risks on April 29
Insurance Journal’s Risky Future series is hosting the “Commercial Auto, Telematics & Fleet Risks” Demo Day, a series of free AI tool demonstrations designed exclusively for commercial auto carriers, fleet underwriters, risk managers, brokers and more. This event features vendors …
Read More Lockton Unveils Plans for Future Global Headquarters in Leawood, Kansas
Lockton revealed new details this week of its future global headquarters located in Leawood, Kansas. The insurance brokerage will be based in a twelve-story building that will serve as the centerpiece of a 34-acre project. Lockton first announced the headquarters …
Read More Small Plane Crash in Minnesota Kills North Dakota Legislator and the Pilot
A small plane crashed just after taking off from Crystal Airport north of Minneapolis on Saturday, killing a North Dakota state legislator and the pilot, authorities said. North Dakota state Rep. Liz Conmy, of Fargo, was killed in the crash, …
Read More People Moves: MGA Banyan Risk Taps Ex-SiriusPoint CEO Malloy as Executive MD; CFC Names Finn From Canopius as Head of Cyber Exposure, Proactive Risk
This edition of International People Moves details appointments at managing general agents Banyan Risk and CFC. A summary of these new hires follows here. MGA Banyan Risk Taps Ex-SiriusPoint CEO Malloy as Executive MD Banyan Risk Ltd., a specialty managing …
Read More Markets/Coverages: Digital Lloyd’s Syndicate Ki Expands Follow Capacity
Ki, the algorithmically powered Lloyd’s digital-follow platform, announced it has added capacity to its platform, allowing brokers to access larger line sizes across six Lloyd’s syndicates. Tokio Marine Kiln (TMK) will become Ki’s fifth capacity partner, utilizing Ki’s technology to …
Read More How Pennsylvania Added 33,000 Insurance Agents in 3 Years
The Pennsylvania Insurance Department (PID) is touting its success in growing the insurance agent workforce in the state. Over the last three years, the state has made entry for new insurance agents into the insurance industry faster, while also encouraging …
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