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Posts by Hometown Insurance

Business Moves: Miller Launches Miller Malaysia, Building Regional Footprint; MNK Group Buys Danish Insurer ETU Forsikring

By Hometown Insurance | September 15, 2026
Miller, the London-based independent specialist re/insurance broker, announced its continued expansion in Asia with the launch of Miller Malaysia. Building on its established presence across the region, Miller Malaysia’s initial offering under its Labuan license will focus on treaty and …
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Carney Calls for Global Tech Body to Boost AI Guardrails

By Hometown Insurance | September 15, 2026
Canada wants to see the creation of a global “technology stability” body to help oversee artificial intelligence and ensure it is safe, Prime Minister Mark Carney said. “There’s a need for coordination,” Carney said in an interview with Bloomberg News …
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Canadian Insurer Sagen Plans to Raise Around C$300 Million

By Hometown Insurance | September 15, 2026
Insurance company Sagen MI Canada Inc. is looking to raise around C$300 million ($216 million) through a bond sale as soon as this week, according to people familiar with the matter. The debt will likely mature in seven years, the …
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British Hedge Fund Founder Odey Loses Appeal Against Industry Ban

By Hometown Insurance | September 15, 2026
Former hedge fund manager Crispin Odey lost his appeal on Monday against an industry ban for hampering an internal disciplinary investigation into sexual harassment allegations, although a fine imposed on him by Britain’s financial watchdog was reduced. A spokesperson for …
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People Moves: Ascot Aligns US Business for Next Phase of Growth

By Hometown Insurance | September 15, 2026
Ascot announced a series of changes to its U.S. operating and distribution model, including a new U.S. regional executive leadership team, an expanded North America distribution role and the consolidation of seven U.S. business segments into five product verticals. These …
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Trump Dismisses AI Safety Alarm, Says US Already Has Tools to Police Industry

By Hometown Insurance | September 15, 2026
President Donald Trump said on Sept. 14 that the U.S. already has guardrails in place to regulate and prosecute AI companies, appearing to play down concerns expressed by industry leaders over the weekend about misuse of artificial intelligence. “The only …
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US Data Centers Set to Burn More Natural Gas Than Most Nations

By Hometown Insurance | September 15, 2026
Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic …
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EPA Poised to Repeal Carbon Rules for Coal, Gas Power Plants

By Hometown Insurance | September 15, 2026
The US Environmental Protection Agency is expected to formally rescind carbon pollution standards for fossil fuel-fired power plants as soon as Monday, according to people familiar with the matter. The Trump administration’s latest major climate rollback is expected to come …
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UK’s Boomers Cling to Jobs as Young People Get Locked Out

By Hometown Insurance | September 15, 2026
In the early 2000s, Britain had as many as 10 young workers for every person over-65 with a job. Today there are just two, as older employees hang on for longer and first jobs are harder to come by. The …
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Appeals Court Throws a Wrench into Part of Georgia’s 2025 Tort-Reform Law

By Hometown Insurance | September 15, 2026
When Georgia’s tort-reform law was approved in 2025 property/casualty insurance interests hailed it as a long-awaited measure that would help stem lawsuit abuse and excessive jury awards in the state. But in the first appellate court test of the law, …
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