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Insurance

Registration Open for Florida OIR Insurance Summit in April

By Hometown Insurance | January 15, 2026
Registration is now open for the Florida Office of Insurance Regulation’s Insurance Summit, set for April 15-16 in Tallahassee. Insurance Commissioner Mike Yaworsky said the registration closes March 30 for the conference that will include a number of state regulators, …
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Proposed California Billionaires’ Tax Rattles Silicon Valley, Entangles Governor

By Hometown Insurance | January 15, 2026
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers to defeat a levy that he fears will lead to an exodus …
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Markets/Coverages: Berkshire (BHSI) Enhances UK D&O Liability Offering

By Hometown Insurance | January 15, 2026
Berkshire Hathaway Specialty Insurance (BHSI) announced the launch of Executive First D&O Liability+, its enhanced UK D&O offering for large commercial and financial organizations trading their securities on US exchanges. Key features of the coverage include: Broad, simply worded coverage …
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DeSantis Amplifies Warning on ‘Real Perils’ of AI, Data Centers and Pushes Regulation

By Hometown Insurance | January 15, 2026
Florida Governor Ron DeSantis is ratcheting up a campaign against the potential dangers of artificial intelligence and data centers, resisting President Donald Trump’s effort to block states from meddling with Big Tech. DeSantis, a two-term governor who’s barred from seeking …
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AI Is the Biggest Mover on Allianz Risk Barometer; Cyber Takes Top Spot for Fifth Year

By Hometown Insurance | January 15, 2026
Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company sizes. Artificial intelligence took the No. 2 spot, up from tenth …
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Surging Oil Tanker Insurance Points to Growing Black Sea Chaos

By Hometown Insurance | January 15, 2026
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Underwriters are now charging about 1% of the value of a ship …
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People Moves: Mosaic Builds Out Global Transactional Tax-Risk Team; The Hartford Names Hill CUO of Small Business

By Hometown Insurance | January 15, 2026
Mosaic Insurance, headquartered in Hamilton, Bermuda, has expanded its North America and international transactional tax-liability teams to meet heightened demand in the sector, with the recent addition of four tax-risk specialists and the promotion of another. Mosaic’s tax team now …
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Financial Lines MGA Verde Risk Management Launched by Asta’s MGA Platform

By Hometown Insurance | January 15, 2026
Asta, the London-based provider of specialist underwriting platforms and services, announced the launch of MGA Verde Risk Management Ltd., which received regulatory approval from the UK regulator in December 2025. Specializing in the financial lines market, predominantly commercial crime, management …
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Two Dead in Thailand After Second Deadly Crane Accident a Day Earlier

By Hometown Insurance | January 15, 2026
A crane collapsed onto a road near Thailand’s capital on Thursday, crushing two vehicles and killing two people a day after a similar accident in the northeast caused the derailing of a train and the deaths of 32 passengers. Thailand’s …
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Dark Fleet Seeking Russian Protection as US Seizes Oil Tankers

By Hometown Insurance | January 15, 2026
The dark fleet of tankers shipping illicit oil around the world is rushing to seek the perceived protection of the Russian flag after the US started seizing vessels involved in the Venezuelan trade. At least 26 ships have switched registration …
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