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Insurance

Wisconsin Wedding Barns Sue Over State’s New Liquor Law Requiring Licensing

By Hometown Insurance | May 10, 2024
MADISON, Wis. (AP) — A pair of Wisconsin wedding barns sued the state Tuesday seeking to block enactment of a new law that requires them to get liquor licenses similar to other establishments that host events. Owners and operators of …
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Inszone Acquires Texas’ Brazos Valley Insurance Agency

By Hometown Insurance | May 10, 2024
Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its presence in the Texas market and marks another significant milestone …
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Florida’s HCI Group Reports Another Healthy Quarter

By Hometown Insurance | May 10, 2024
TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Wednesday reported first-quarter profit of $47.6 million, which follows a $38 million profit for Q4 2023. The Tampa-based company said it had profit of $3.81 per share. Earnings, adjusted for non-recurring …
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UKMTO Reports Hijacking Attempt of Vessel East of Yemen’s Aden

By Hometown Insurance | May 10, 2024
The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen’s Aden. The vessel’s master reported being approached by a small …
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People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions

By Hometown Insurance | May 10, 2024
This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital Advisory Insurance broker Aon plc announced that …
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Body of Last Missing Construction Worker Recovered from Baltimore Bridge Site

By Hometown Insurance | May 10, 2024
The body of the last missing construction worker killed in the collapse of Baltimore’s Francis Scott Key Bridge in March has been recovered, officials announced Tuesday as demolition crews prepared to use explosives in the ongoing cleanup effort. Officials said …
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New York City Jail Guard Suffers Burns When Body Camera Ignites

By Hometown Insurance | May 10, 2024
A captain in New York City’s Department of Correction suffered burns and smoke inhalation when her body camera suddenly caught fire, prompting the department to stop using the equipment pending an investigation. The captain was on duty at the Rikers …
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Markets/Coverages: Mosaic Launches Suite of Professional Liability Products for Specialist Engineers

By Hometown Insurance | May 10, 2024
Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of professional liability products for specialist engineers, offering $15 million in targeted primary coverage for unique risks. The new form offers a dedicated product, with core coverage of professional liability, …
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Google Fights $17 Billion UK Lawsuit Over Adtech Practices

By Hometown Insurance | May 10, 2024
Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business practices. The lawsuit seeks …
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TWIA Board Approves $500M Line of Credit Ahead of 2024 Storm Season

By Hometown Insurance | May 10, 2024
The Texas Windstorm Insurance Association (TWIA) Board of Directors met in Austin on May 7 for its second quarterly meeting of the year, where it completed financial preparations for the 2024 storm season. TWIA’s board voted secure a $500 million …
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Recent Posts

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