Posts by Hometown Insurance
Leavitt Inland Pacific Merges with Troy Insurance Agency in Idaho
Leavitt Inland Pacific is merging with Troy Insurance Agency in Idaho. Both agencies are locally owned and affiliates of Leavitt Group, a network of insurance brokers. This strategic partnership enables Leavitt Inland Pacific to offer service team support and use …
Read More United Says FAA Staffing Shortages Causing Disruption at Newark Hub
United Airlines said on Tuesday that an acute shortage of air traffic controllers was causing “significant disruption” for travelers at its busy Newark, New Jersey, hub outside of New York City. The airline said the Federal Aviation Administration has been …
Read More Maine Joins States Suing Big Oil to Recover Costs of Climate Change ‘Deception’
Maine Attorney General Aaron Frey has filed suit in state court against Exxon, Shell, Chevron, BP, Sunoco, and the American Petroleum Institute for allegedly “deceiving Mainers for decades about the role of their fossil fuel products in causing climate change.” …
Read More Aon to Purchase In-House Insurance Agency of Mitsubishi Chemical Group in Japan
Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed. …
Read More Unite and Conquer: How the Insurance Industry Can Deflate Social Inflation
At one of the early meetings of American Legal Connections, Rich Henderson, a senior vice president for reinsurer TransRe, bumped into a concerned client from a hospital insurance company who brought his team members to the event. The insurer was …
Read More Everest Launches Italian Insurance Business
Everest announced its expansion into the Italian market, following regulatory approval to operate in Italy, trading as Everest Insurance (Ireland) DAC, Succursale Italiana. Headquartered in Milan, the operations are currently led by José Ramón Morales, head of Southern Europe, Everest …
Read More UBS Acquitted Over Credit Suisse Criminal Money Laundering Case
Credit Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss appeals court following the death of one of its former employees who was found guilty in the case. A., …
Read More China State Media Warn Trump Against Mutually Destructive Tariff War
China’s state media warned U.S. President-elect Donald Trump his pledge to slap additional tariffs on Chinese goods over fentanyl flows could drag the world’s top two economies into a mutually destructive tariff war. Trump, who takes office on Jan. 20, …
Read More Prince Harry’s Phone-Hacking Lawsuit Against Daily Mail to Go to Trial in 2026
Prince Harry and other high-profile British figures’ privacy lawsuits against the Daily Mail newspaper’s publisher will go to trial in early 2026, London’s High Court heard on Tuesday, with the parties’ legal costs set to exceed 38 million pounds ($47.8 …
Read More CrowdStrike Falls After Disappointing Earnings Outlook
CrowdStrike Holdings Inc. issued a weaker-than-expected earnings forecast, disappointing investors who have been watching for signs that the cybersecurity company has recovered from a flawed update that crashed computers around the world. Adjusted earnings will be 84 cents to 86 …
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