Posts by Hometown Insurance
Markets/Coverages: Berkshire’s GUARD Starts New Contractors GL, Inland Marine
Berkshire Hathaway GUARD Insurance Companies announced the launch of a contractors general liability and inland marine solution, expanding its small commercial product suite to meet the needs of artisan contractors. The new offering through AmGUARD Insurance Company is initially available …
Read More Lockton Reports Organic Revenue Growth of 11% for Fiscal Year 2026
Lockton, the privately held, independent insurance brokerage, reported strong financial results for fiscal year 2026, with global revenues increasing 12% year over year to approximately $4.5 billion, with organic growth of 11%. This performance marks Lockton’s sixth consecutive year of …
Read More Ford to Recall More Than 548,000 US Vehicles Over Defective Center Console
Ford is recalling 548,463 vehicles in the United States over an issue with the center console, the U.S. National Highway Traffic Safety Administration said on Thursday. The issue relates to the console’s chrome plating, which may bubble and peel over …
Read More WTW: US Commercial Rates Continue Moderation With 2.5% Increase in Q1
U.S. commercial insurance rates increased 2.5% in the first quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “The first quarter results reflect a continuation of the moderating pricing environment observed over recent quarters,” said Yi …
Read More MFS Collapse Triggers Probe Into Failed UK Lender’s Auditors
The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple Wall Street banks that collapsed in February. The Financial Reporting Council has opened investigations into Magus Chartered Accountants and two …
Read More People: Moore Takes Over as President of Independent Agents of Georgia
Robbie Moore, a longtime agent and partner with Legacy Risk Solutions in Augusta, Georgia, has been sworn in as the new president of the Independent Insurance Agents of Georgia. He takes over from Jarrett Bridges, who is with the Higginbotham …
Read More Trump Says US Will Hit Iran ‘Very Hard’ After Tit-for-Tat Strikes
President Donald Trump said on Thursday the United States would hit Iran “very hard tonight” and wanted eventually to take Iran’s oil infrastructure hub Kharg Island, after tit-for-tat strikes in the Gulf that have undermined a shaky ceasefire. Iranian sources …
Read More Nonprofit Hospital Entitled to Liability Cap But Not Immunity, Says NJ Supreme Court
A unanimous New Jersey Supreme Court ruled on June 10 that a federally qualified nonprofit health center that provides healthcare to underserved populations is not entitled to immunity from a patient’s negligence suit under the state’s Charitable Immunity Act (CIA) …
Read More Impeachment Sought on Federal Judge Over Sex in Chambers, Lying to Investigators
Two congressional Republicans from Georgia have introduced impeachment resolutions against a federal judge in Atlanta who was disciplined after an investigation found she had sex with a police officer in her chambers, attended a partisan political event and lied to …
Read More China Evergrande’s Liquidation Prompts Some PwC Partners to Weigh Shielding Assets
The liquidation of China Evergrande Group, the collapsed property developer, is raising concerns among some partners at its former auditor PricewaterhouseCoopers China about the potential impact on their own finances. Several partners at PwC’s Hong Kong and mainland China affiliates …
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