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Posts by Hometown Insurance

Texas AG Sues TikTok For Violating State’s New Social Media Law

By Hometown Insurance | October 4, 2024
Texas Attorney General Ken Paxton sued TikTok on Thursday for sharing and selling minors’ personal information, violating a new state law that seeks to protect children who are active on social media, accusations that the company denied hours later. The …
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People Moves: Ryan Specialty Underwriting Managers Appoints Leadership Team Members

By Hometown Insurance | October 4, 2024
Ryan Specialty, headquartered in Chicago, named new leadership within its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). Eric Quinn was promoted to executive vice president – capital and product strategy. Quinn joined RSUM through the acquisition of All Risks …
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Africa Specialty Risks Begins Operating as Lloyd’s Service Company

By Hometown Insurance | October 4, 2024
Africa Specialty Risks (ASR), the pan-African and Middle East-focused reinsurance group, announced that has begun operating as a Lloyd’s service company. As a Lloyd’s service company, ASR’s UK based entity, Africa Specialty Risks Ltd. (ASR Ltd.), is underwriting on behalf …
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Rebuild or What? Florida Towns Hit Three Times by Hurricanes Face Tough Choice

By Hometown Insurance | October 4, 2024
HORSESHOE BEACH, Fla. (AP) — It was just a month ago that Brooke Hiers left the state-issued emergency trailer where her family had lived since Hurricane Idalia slammed into her Gulf Coast fishing village of Horseshoe Beach in August 2023. …
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Becton Dickinson Hernia-Mesh Settlements Will Exceed $1 Billion

By Hometown Insurance | October 4, 2024
Becton Dickinson & Co. will pay more than $1 billion to resolve more than 38,000 lawsuits alleging medical patients suffered damaged organs from surgical mesh improperly used to treat hernias, according to people familiar with the deal who weren’t authorized …
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Pennsylvania Supreme Court Yanks Dentist’s COVID Insurance Coverage Win

By Hometown Insurance | October 4, 2024
The Pennsylvania Supreme Court has reversed lower court rulings and denied a dentist’s bid for coverage for loss of use of his offices due to the COVID-19 pandemic. The high court concluded in a case involving CNA and Valley Forge …
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NC Town That Produces Quartz for Tech Products is Devastated by Helene

By Hometown Insurance | October 4, 2024
SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening date in sight. Sibelco and The Quartz …
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Helene-Soaked Florida Faces New Threat: Up to a Foot of Rain

By Hometown Insurance | October 4, 2024
One week after Hurricane Helene barreled ashore, Florida is bracing for another round of heavy rainfall and strong winds from a tropical system brewing in the Atlantic. The potential storm could bring as much as a foot of rain to …
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Helene’s Flooding a Reminder of Appalachia’s Growing Risk From Violent Storms

By Hometown Insurance | October 4, 2024
HENDERSONVILLE, N.C. (AP) — Hurricane Helene dumped trillions of gallons of water hundreds of miles inland, devastating communities nestled in mountains far from the threat of storm surge or sea level rise. But that distance can conceal a history of …
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Massachusetts Governor Healey Names Caljouw as Insurance Commissioner

By Hometown Insurance | October 4, 2024
Massachusetts Governor Maura Healey announced the appointment of Michael T. Caljouw as state’s new insurance commissioner. Caljouw comes to DOI with 33 years of experience in insurance law and policy in the state, including most recently as government affairs vice …
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