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Insurance

People Moves: Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter; Chubb Promotes Latter to Lead Claims for Overseas General Insurance

By Hometown Insurance | December 17, 2024
This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new hires follows here. Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter Arch Insurance has appointed Ezechiel Symenouh …
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People Moves: Spot Insurance Names Hamann as CEO

By Hometown Insurance | December 17, 2024
Spot Insurance, headquartered in Austin, Texas, appointed Joel Hamann as CEO. Hamann joined Spot in 2021 and most recently served as vice president of finance. He previously served as director of finance, technology and several other roles at Kohl’s Corporation. …
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TWIA Anticipates Higher Reinsurance Spending in 2025

By Hometown Insurance | December 17, 2024
The Texas Windstorm Insurance Association expects to spend more on reinsurance in 2025 to account for projected policy count and exposure growth and losses to the association’s catastrophe reserve trust fund (CRTF) arising from Hurricane Beryl. TWIA’s board of directors …
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England Warns Nearly a Million More Properties Face Flood Risks

By Hometown Insurance | December 17, 2024
Almost a million more properties in England are at risk of flooding than previously thought, raising concerns about a growing number of uninsurable or unsellable properties over the coming decades. Data from the Environment Agency on Tuesday showed 6.3 million …
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Missouri Insurance Director Lindley-Myers to Retire at End of Year

By Hometown Insurance | December 17, 2024
Missouri Department of Commerce and Insurance (DCI) Director will retire at the end of the year, Missouri Governor Mike Parson announced. Lindley-Myers was appointed Director of the Missouri Department of Insurance, Financial Institutions, and Professional Registration on March 6, 2017, …
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Baltic Sea Countries to Start Checking Insurance Status of Tankers Moving Russian Oil

By Hometown Insurance | December 17, 2024
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims. Nations including Denmark, Estonia, …
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People Moves: JM Wilson Promotes and Hires for Underwriting Positions

By Hometown Insurance | December 17, 2024
JM Wilson, headquartered in Portage, Michigan, promoted several team members and made new hires to its underwriting team. Priya Albert was promoted to property and casualty underwriter. Albert works with carrier underwriters and independent insurance agents in Georgia, North Carolina, …
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Louisiana Home Care Companies to Pay $355K in Back Wages

By Hometown Insurance | December 17, 2024
More than 100 people working as home care companions will receive their share of nearly $355,000 in back wages and damages after investigations by the U.S. Department of Labor’s Wage and Hour Division of two southern Louisiana home care providers …
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Severe Weather Brings Snow, Ice to Midwest and a Tornado in California

By Hometown Insurance | December 17, 2024
OMAHA, Neb. (AP) — A tornado near a mall in central California swept up cars, uprooted trees and sent several people to the hospital. In San Francisco, authorities issued the first-ever tornado warning. Elsewhere, inclement weather plagued areas of the …
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Advocacy Groups Ask FIO to Release Homeowners Insurance Data Collected by NAIC

By Hometown Insurance | December 17, 2024
A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners insurance data before it may be too late. The nationwide data was collected by the National Association of Insurance Commissioners …
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