Posts by Hometown Insurance

CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now bulk quote their entire book …

The family of a Connecticut man killed in the January 29 collision of an American Airlines plane with a military Black Hawk helicopter over the Potomac River has filed a $250 million claim against the government. A Chicago law firm, …

Howden, the London-based global insurance intermediary group, announced the acquisition of aviation specialists Forbes Insurance Ltd., and the acquisition of the book of business from Hill Aviation Insurance Services Ltd. Financial details of the acquisitions were not disclosed. Forbes Insurance …

While writing primary casualty insurance is more appealing than writing casualty reinsurance, the chief executive of Arch Capital said casualty reinsurance business remains attractive for his company. Speaking during an earnings conference call on Feb. 10, after reporting $3.5 billion …

This edition of International People Moves details appointments at Hamilton Global Specialty and QBE European Operations. A summary of these new hires follows here. Hamilton Global Specialty Promotes Thorp as Head of Space, Golder as Head of Treaty Hamilton Global …

Apollo, the London-based insurance group, announced they have expanded their offering into drone product liability. Apollo is providing the capacity for this product liability offering as part of an existing binder with Moonrock, the specialist managing general agent. Moonrock has …

Dream, an artificial intelligence company that provides cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, has raised $100 million at a $1.1 billion valuation. Bain Capital Ventures led the round and was joined by investors …

Catastrophe bonds, whose returns have consistently trounced those of high-yield debt markets in recent years, are about to become accessible to a wider group of investors. An exchange-traded fund based on a portfolio of as many as 75 of the …

Insurance companies spend billions of dollars a year on advertising—and for good reason. With auto insurance mandated in nearly every state and home insurance required by mortgage lenders, insurance product providers are competing for the attention of almost every American. …

Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today’s casualty insurance market during a webinar last week. Their main message was …