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Insurance

Texas’ QuoteWell Announces Launch of Brokerage Operations

By Hometown Insurance | October 25, 2023
QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given …
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Atlanta Temporarily Closes 3 Fire Stations Amid Firefighter, Truck Shortage

By Hometown Insurance | October 25, 2023
ATLANTA (AP) — The city of Atlanta has temporarily closed three of its more than 30 fire stations because of truck breakdowns and a shortage of firefighters. Atlanta Fire Rescue Chief Roderick Smith told a City Council committee of the …
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People Moves: QBE Germany Appoints 2 Marine U/Ws; BHSI Names Jaghbir as Underwriting Manager in Queensland

By Hometown Insurance | October 25, 2023
This edition of International People Moves details appointments at QBE Germany and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. QBE Germany Appoints 2 Marine U/Ws QBE Germany has strengthened its Marine team in Hamburg …
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Liberty Mutual to Repay $7.7 Million to Over 86,000 Policyholders for Alleged Violations of State Insurance Regulations

By Hometown Insurance | October 25, 2023
Liberty Mutual has agreed to repay $7.7 million to more than 86,000 policyholders for auto and homeowners insurance policies for allegedly violating several state insurance regulation laws. In a consent order filed with the Minnesota Department of Commerce, Liberty Mutual …
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Illinois Court Ruling Allows Zurich to Proceed With Subrogation Action in $3 million Builder’s Risk Claim

By Hometown Insurance | October 25, 2023
Zurich American Insurance Co. may pursue a subrogation lawsuit against a subcontractor that it says forced it to pay a nearly $3 million builder’s risk claim by designing a defective stormwater detention system during construction of an academic building at …
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Mother Files Wrongful Death Lawsuit Against Shuttered Missouri Christian Boarding School Over Son’s Abuse and Suicide

By Hometown Insurance | October 25, 2023
MISSION, Kan. (AP) – A mother is suing a shuttered Christian boarding school in Missouri, blaming her son`s death on a gang rape and other abuse he endured there. Agape Boarding School has been subjected to a wave of litigation …
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South Carolina Prosecutors Want to Limit Minority Leader’s Sway Over Judges

By Hometown Insurance | October 25, 2023
COLUMBIA, S.C. (AP) — Nine of South Carolina`s 16 elected prosecutors are asking to remove all legislators who are lawyers from a committee that decides which judicial candidates are put before the General Assembly for election. All six of the …
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People: Myers Named Benefits Group VP at Alliant

By Hometown Insurance | October 25, 2023
Alliant Insurance Services, a distributor based in California, said it has named Scott Myers vice president of its employee benefits group. Myers is based in West Palm Beach. He has 15 years’ experience and has worked as a benefits consultant …
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Tesla Aware of Autopilot Steering Malfunction Before Fatal Crash: Lawyer

By Hometown Insurance | October 25, 2023
An attorney suing Tesla over a fatal accident cited an internal safety analysis conducted by the company that showed it knew about a steering malfunction in its Autopilot driver assistant feature about two years earlier. The disclosure came during closing …
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Florida-based Brown & Brown Beats Expectations with Earnings, Dividends

By Hometown Insurance | October 25, 2023
Brown & Brown Inc. (BRO on NYSE) this week reported third-quarter earnings of $175.9 million. The Daytona Beach, Florida-based brokerage said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs, came to 71 cents per …
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