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Insurance

MGA Rokstone Launches Credit and Surety Treaty Division

By Hometown Insurance | April 17, 2023
Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division. Rokstone has appointed Luis Antonio Ibáñez as the portfolio manager to lead the division, based in Madrid. The division has secured …
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Western Australia Assesses Damage From Cyclone Ilsa’s ‘Path of Destruction’

By Hometown Insurance | April 17, 2023
Emergency authorities in Western Australia were assessing damage on Saturday from a tropical cyclone that hit the state’s northwest, sparing heavily populated areas but affecting several remote communities. Ilsa, downgraded to a severe weather system, made landfall in the sparsely …
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G-7 Ministers Set Big New Targets for Solar Power and Offshore Wind Capacity

By Hometown Insurance | April 17, 2023
SAPPORO, Japan — The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But …
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Scandal at CBI Plunges UK Business Lobby Into Existential Crisis

By Hometown Insurance | April 17, 2023
When Rishi Sunak stepped up to the podium at the Vox venue in Birmingham in November, he had one mission: to convince business leaders to stay loyal after his predecessor unleashed economic mayhem. The UK prime minister was addressing the …
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Lyft Investors Call for More Safety Protections for Drivers

By Hometown Insurance | April 17, 2023
A group of Lyft Inc. shareholders is calling on the company to establish stronger safety protections for drivers, change its shareholder voting structure and subject directors to annual elections. SOC Investment Group — which represents pension funds that hold shares …
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People Moves: Verisk Promotes Barr, Brunko to Lead Claims Businesses; SRS Appoints Sulisz President

By Hometown Insurance | April 17, 2023
Verisk Promotes Barr and Brunko to Lead Claims Businesses Verisk has made leadership promotions in its claims solution group. Carrie Barr has been named president of casualty solutions. Barr joined Jersey City, New Jersey-based Verisk as an account executive in …
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Florida Roofing Company Owners Charged With More Than $1M in Tax Evasion

By Hometown Insurance | April 17, 2023
The owners of a Fort Myers roofing company, one that has been the subject of a number of complaints from consumers and which has filed multiple assignment-of-benefits lawsuits against property insurers, have pleaded guilty to more than $1 million in …
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Oakbridge Expands into Florida with Hunnicutt Insurance Agency

By Hometown Insurance | April 17, 2023
Oakbridge Insurance Agency, a large independent agency and brokerage with offices around the country, has expanded its presence into Florida with the addition of Hunnicutt Insurance agency in Fort Walton Beach. Hunnicutt has been in business since 1969, specializing in …
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Dairy Farm Fire Kills 18,000 Cows in Texas Panhandle

By Hometown Insurance | April 14, 2023
LUBBOCK — More than 18,000 cows died and one farm worker is in critical condition following a dairy farm fire in the Texas Panhandle. The fire started Monday night at South Fork Dairy Farm in Dimmitt, about 66 miles south …
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Indiana Residents Forced to Evacuate After Large Industrial Fire

By Hometown Insurance | April 14, 2023
RICHMOND, Ind. (AP) – An evacuation order was expected to remain in place through Wednesday around a large industrial fire in an Indiana city near the Ohio border where crews worked through the night to douse piles of burning plastics, …
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