Posts by Hometown Insurance

Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake, bringing its shareholding to 40%. This stake has been purchased …

Ategrity Specialty Insurance Company Holdings announced today the pricing of its expected initial public offering (IPO)of 6,666,667 shares of common stock at a public offering price of $17.00 per share. The aggregate gross proceeds to the company from the offering …

Country musician Conner Smith fatally hit a pedestrian while driving his truck in Nashville over the weekend, and he currently faces no charges as an investigation continues, police said. Metro Nashville Police said Smith, 24, hit Dorothy Dobbins, 77, Sunday …

North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry. The increase comes six months after lawmakers raised minimum auto liability …

U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.3% during the first three months of 2025 …

President Donald Trump’s nominee to head the Federal Aviation Administration said on Tuesday that the 85 near-miss incidents at Reagan Washington National Airport since 2021 were unacceptable. On January 29, a Black Hawk helicopter collided with an American Airlines regional …

Florida-based insurance brokerage King Risk Partners announced it has acquired Cameron Group, Inc., an independent insurance agency located in Nanuet, New York. Cameron Group serves New York, New Jersey, and Connecticut with personal and commercial insurance. The Cameron acquisition is …

Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook for billions in payouts. The verdict comes …

The US Food and Drug Administration said more than 20 million eggs have been recalled after 21 people were hospitalized with salmonella. The eggs, distributed by the August Egg Company, were sold to retailers including Walmart Inc. and Safeway Stores …

Apollo Global Management Inc. said high-net-worth clients and access to retail investors are the biggest opportunities in Asia for growth in the coming years. Australia’s superannuation system, which will be the world’s second-largest pension by 2030, and Japanese savers that …