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Posts by Hometown Insurance

Billionaire Ross Lures ServiceNow for South Florida Expansion

By Hometown Insurance | September 18, 2025
ServiceNow Inc. is expanding to West Palm Beach, Florida, opening a location for several hundred employees in a planned office tower being developed by billionaire Stephen Ross, the famed New York real estate magnate who broke from Related Cos. last …
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Where Are the Hurricanes This Season as the Atlantic Remains Quiet

By Hometown Insurance | September 18, 2025
Not a single named storm has formed in the Atlantic Ocean in nearly three weeks, even though it’s the peak of hurricane season. “Where the heck are the Atlantic #hurricanes?” Philip Klotzbach, a meteorologist at Colorado State University, wrote recently …
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Stein Wants $13.5B From Congress for NC Hurricane Helene Recovery

By Hometown Insurance | September 18, 2025
North Carolina Gov. Josh Stein on Monday requested $13.5 billion more from Congress in recovery aid for Hurricane Helene almost a year after the historic storm, saying additional help is needed from Washington to address record amounts of damage and …
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Radian to Acquire Lloyd’s Syndicate Inigo for $1.7B in Specialty Insurance Push

By Hometown Insurance | September 18, 2025
Radian Group said on Thursday it would buy UK-based Inigo for $1.7 billion as the U.S. mortgage insurer seeks to transform into a global multi-line specialty insurer. The company’s expansion into the Lloyd’s global specialty market follows a strategic review …
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Lyft, Waymo to Offer Driverless Rides in Nashville in 2026

By Hometown Insurance | September 18, 2025
Lyft Inc. is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber Technologies Inc. Alphabet Inc.-owned Waymo, which has been conducting testing in …
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People Moves: Wolf Joins Alliant in New England, Stein Joins in Maryland

By Hometown Insurance | September 18, 2025
Benefits consultant Rob Wolf has joined Alliant Insurance Services as vice president within its employee benefits group. Based in New Hampshire, Wolf has more than 25 years of experience spaning strategy, planning, underwriting, cost containment, and regulatory compliance under ERISA …
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NICB: Vehicle Thefts in First Half 2025 Down 23% From Last Year

By Hometown Insurance | September 18, 2025
U.S. vehicle thefts fell 23% in the first six months of 2025 from the first half of last year, a report out Wednesday from the National Insurance Crime Bureau shows. There were 334,114 vehicle thefts reported in the first half …
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Apollo Seeks $10 Billion From Insurers With Complex Debt Vehicle

By Hometown Insurance | September 18, 2025
Apollo Global Management Inc. is set to use a rare structure to raise $10 billion from insurers, people with knowledge of the matter said, in the latest illustration of the increasing ties between private capital and annuity providers. The New …
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Beetle That Threatens Australia’s Grains Industry Found in Imported Diapers

By Hometown Insurance | September 18, 2025
Australia has detected the larvae of khapra beetles in imported nappies sold in supermarkets nationwide, the agriculture ministry said, raising concerns the pest could infest grain storages and disrupt agricultural exports. The ministry said in a statement on Tuesday it …
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People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer

By Hometown Insurance | September 18, 2025
Allianz Commercial Appoints Stewart as North American Head of Liability Global insurer Allianz Commercial, with U.S. headquarters in New York City, appointed Mary Ann Stewart as regional head of liability, North America, effective September 22. Based in Chicago, Stewart will …
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