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Insurance

Florida Supreme Court Declines to Rehear Med Mal Case that Changed Rule on Experts

By Hometown Insurance | October 13, 2023
The Florida Supreme Court on Thursday declined to rehear a medical malpractice case that has made it easier for insurers and health care providers to challenge a plaintiff’s expert. In University of Florida Board of Trustees vs. Laurie Carmody, the …
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Flooded Clinics, Embryo Mix-ups: Risk Management of Fertility at Famed Georgia Firm

By Hometown Insurance | October 13, 2023
(Bloomberg) — In March, a 39-year-old woman and her husband sat in a fertility clinic near Atlanta, and waited. The woman was there to have an embryo implanted in her uterus, the final stage of a grueling in vitro fertilization …
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Flooded Clinics, Embryo Mix-ups: The Risk Management of In-vitro Fertilization

By Hometown Insurance | October 13, 2023
(Bloomberg) — In March, a 39-year-old woman and her husband sat in a fertility clinic near Atlanta, and waited. The woman was there to have an embryo implanted in her uterus, the final stage of a grueling in vitro fertilization …
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Possible Tornadoes Cause Damage in Parts of Florida

By Hometown Insurance | October 13, 2023
CLEARWATER, Fla. (AP) — A storm system that moved across parts of Florida early Thursday left a path of damage to cars, houses and businesses, authorities said. The storms moved north into Citrus County, where officials canceled public school classes …
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Woman Charged After Three Stabbed at Atlanta Airport

By Hometown Insurance | October 13, 2023
ATLANTA (AP) — A woman was in custody after she allegedly stabbed three people at Hartsfield-Jackson Atlanta International Airport, police said. Officers assigned to the airport encountered a woman armed with a knife outside of a security checkpoint walking toward …
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Higginbotham Teams up with Employee Benefits Firm in Atlanta

By Hometown Insurance | October 13, 2023
Higginbotham, one of the largest independent insurance brokerages and human resources firms, has acquired an interest in Total Employee Benefits, based in Atlanta. “We’re proud of our property and casualty practice in Atlanta,” Higginbotham CEO Rusty Reid said in a …
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Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets

By Hometown Insurance | October 13, 2023
Warren Buffett’s buying of Japanese trading firms helped propel the nation’s stocks to multi-decade highs. Six months on, insurers and banks are emerging as the next potential value targets. Insurers have low price-to-book ratios, strong fundamentals and relatively high returns, …
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Tech Update: Xceedance Offers Cat Modeling Services to Reinsurers During Renewals

By Hometown Insurance | October 13, 2023
Xceedance, a global provider of strategic operations support, technology, and data services to insurance organizations, announced the launch of burst capacity catastrophe modeling resources to support reinsurers during peak renewal times. In the lead up to a renewal, reinsurers see …
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KPMG Hit With Record Fine in UK for ‘Textbook Failure’ in Carillion Audits

By Hometown Insurance | October 13, 2023
Britain’s accounting regulator on Thursday fined KPMG a record 21 million pounds ($26 million) for a “textbook failure” in audits of Carillion, the builder that imploded in 2018 and prompted a root and branch review of auditing standards. The collapse …
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Banks in EU Get World’s First ESG-Related Rewrite of Capital Rules

By Hometown Insurance | October 13, 2023
In a global first, Europe’s main bank regulator is revising the framework that sets capital requirements so that lenders reflect environmental and social risks in mandatory, industrywide buffers. The European Banking Authority has identified “some short-term fixes” to minimum requirements …
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Recent Posts

  • Houston and Dallas Face Risk of Floods as Storms Sweep Texas
  • Business Moves: Everest Completes Sale of Canadian Retail Operations to Wawanesa; Arthur J. Gallagher & Co. Buys New Zealand’s Albany Insurance Services
  • Florida Insurance Agent Pleads Guilty in $300,000 Premium Finance Scheme
  • US P/C Insurers See Fewer Ratings Downgrades in H1 2026 on Improved Performance
  • AI Tools Suspected in Korea’s Shinhan Bank Hack, Yonhap News Reports

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