Posts by Hometown Insurance
As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032.
Read More Conduit Re Names Eckert as CEO
CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer. Eckert has been acting as Conduit’s interim CEO since late March 2025, following the retirement of Trevor Carvey. …
Read More UK Watchdog Set to Ease Insurance Rules for Large Companies
The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the latest signal regulators are pivoting to a more pragmatic stance that leans heavily into the government’s growth agenda. The changes …
Read More People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market
Bennett Himes joined Zurich North America, headquartered in Schaumburg, Illinois, as the new head of underwriting for U.S. middle market. Himes oversees the overall portfolio strategy and maintaining the underwriting integrity of Zurich’s U.S. Middle Market business. He succeeds John …
Read More South Africa’s Tiger Brands Offers Settlement to Plaintiffs in Listeriosis Class Action
Tiger Brands, South Africa’s biggest food producer, on Monday [May 12] offered to compensate listeriosis victims, marking a major step toward resolving class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000. The offer …
Read More State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s largest tech and AI companies. OpenAI, Meta Platforms Inc., …
Read More Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss
The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.5 million loss …
Read More People Moves: The Buckner Company Appoints Kettler as President
The Buckner Company appointed Joshua Kettler as president, effective June 2. Kettler has experience spanning strategy, operations and executive advisory roles. He worked at Patagonia, where he was a partner to the head of global sales and customer experience. Most …
Read More Judge Recommends Approving 17% State Farm Rate Hike in California
It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the state. Administrative Law Judge Karl Seligman recommended approval …
Read More At Least 10 Sickened in Listeria Outbreak Linked to Prepared Foods
At least 10 people in the U.S. have been sickened in a listeria outbreak linked to ready-to-eat food products, and a producer is voluntarily recalling several products, federal officials said. The U.S. Food and Drug Administration said Saturday that federal, …
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