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Posts by Hometown Insurance

M&S Expects Cyberattack Impact to Be Over by August, CEO Says

By Hometown Insurance | July 2, 2025
Marks & Spencer Group Plc expects its online services to be fully restored in the next four weeks as it continues to recover from April’s cyberattack, Chief Executive Officer Stuart Machin said. “I’m really hoping by August the majority of …
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Australia’s Qantas Says 6 Million Customer Accounts Accessed in Cyber Hack

By Hometown Insurance | July 2, 2025
A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia’s biggest breach in years and a setback for an airline rebuilding trust after a reputational crisis. The hacker targeted a call …
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Viewpoint: Broker’s Key Takeaways From kWh Analytics’ 2025 Solar Risk Report

By Hometown Insurance | July 2, 2025
The 2025 Solar Risk Assessment report, recently released by kWh Analytics, has sparked significant discussion among industry professionals about the evolving challenges facing renewable energy assets. To explore the report’s findings in depth, kWh Analytics convened its Renewable Energy Broker …
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People Moves: Kaminski Returns to Zurich NA to Lead Direct Markets; Chubb Names Williams Private Equity Leader; Trucordia Names Khanna CIO

By Hometown Insurance | July 2, 2025
Todd Kaminski, a 30-year veteran of Schaumburg, Illinois-based Zurich North America, returns as head of direct markets, effective July 7. Kaminski will report to Kristof Terryn, CEO of Zurich North America. He will be part of Zurich North America’s executive …
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General Mills Changing Nature Valley Labels After Lawsuit’s Herbicide Claim

By Hometown Insurance | July 2, 2025
General Mills Inc agreed to stop calling the oats in its Nature Valley granola bars 100 percent natural to settle a lawsuit by three consumer groups that said the bars contained small amounts of the herbicide commonly known as Roundup. …
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Judge Mutes GEICO Call Center Workers’ Class-Action Demands Over Unpaid Time

By Hometown Insurance | July 2, 2025
A federal judge in Georgia has put a block on some GEICO call center employees’ efforts to create a class action against the insurer, which they claim failed to pay for time spent booting up computers and preparing for telemarketing. …
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Hancock Claims Acquires Knight’s Solutions, Expanding Service in SE, Midwest

By Hometown Insurance | July 2, 2025
Hancock Claims Consultants, a 22-year-old claims adjusting firm with offices in Georgia and Kentucky, has acquired Knight’s Solutions, an inspection firm that works claims in the Midwest and Southeast. Neither company is a public adjuster firm but work for property …
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How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know

By Hometown Insurance | July 1, 2025
When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers …
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Newsom Signs Bill Overhauling California’s Landmark Environmental Law

By Hometown Insurance | July 1, 2025
Gov. Gavin Newsom on Monday signed into law a bill that will remake California’s landmark environmental protection rules, an overhaul that he says is essential to address the state’s housing shortage and resulting homelessness crisis. Newsom had threatened to reject …
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Relation Insurance Acquires Oklahoma’s Advantage Insurance Group

By Hometown Insurance | July 1, 2025
Relation Insurance Services acquired the assets of Advantage Insurance Group. The transaction went into effect on May 31, 2025; terms of the transaction were not disclosed. Advantage Insurance Group, a family-owned business based in El Reno, Oklahoma, offers a mix …
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