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Insurance

UK Investment Group Kelso Buys Stake in Travel and Insurance Firm Saga

By Hometown Insurance | January 6, 2026
Investment firm Kelso Group Holdings said on Tuesday it had bought 400,000 shares in British travel company firm and submitted proposals to its board aimed at boosting value, including attracting more U.S. investors. Kelso’s investment, worth 1.55 million pounds ($2.1 …
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Europe Backs Greenland After Trump Resumes Takeover Threats

By Hometown Insurance | January 6, 2026
European officials pledged to support Greenland after US President Donald Trump restarted his campaign to take the self-governed island in the wake of his strike on Venezuela. Across the continent, Europe’s biggest powers expressed solidarity with Greenland, a semi-autonomous territory …
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UK’s Admiral Group Completes Sale of US Motor Business to PE Firm J.C. Flowers

By Hometown Insurance | January 6, 2026
UK insurer Admiral Group plc announced it has completed the sale of its U.S. motor insurance business – including Elephant Insurance Co. and Elephant Insurance Services – to J.C. Flowers & Co., the private equity firm, effective from December 31, …
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Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says

By Hometown Insurance | January 6, 2026
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we’re living through another financial bubble that’s destined to burst. The answer isn’t so simple, at least according to history. The …
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Germany Sees Russian Covert Attacks as Prelude to Wider Conflict

By Hometown Insurance | January 6, 2026
Russia is intensifying covert attacks on key infrastructure in Germany in a campaign of hybrid warfare that Berlin views as a possible prelude to a wider conflict, according to a military document obtained by Bloomberg. As Germany positions itself as …
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Oil Tankers Sail From Venezuela With no Flag or Safety Documents, Shipping Data Show

By Hometown Insurance | January 6, 2026
Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The location of the vessels is unknown …
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High-Net-Worth Provider PCS Gets Former PURE CEO Buchmueller as Chairman

By Hometown Insurance | January 6, 2026
Ross Buchmueller, founder and former CEO of PURE Insurance, will be joining the board of managing general underwriter Private Client Select Insurance Services as chairman. Buchmueller announced Jan. 5 on LinkedIn that he agreed to serve as chair of the …
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Former Exec Sues Insight Partners for Being ‘Impossible for Women’

By Hometown Insurance | January 6, 2026
A former vice president at Insight Partners has sued the venture capital firm for wrongful termination and gender discrimination, accusing the prominent investor of keeping women from its highest levels. Katherine Lowry, a consultant and tech company strategist who joined …
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SCDOI Says Uninsured Motorist Fund Payments Should be Considered ‘Other Income’

By Hometown Insurance | January 6, 2026
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance announced in …
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Viewpoint: Georgia Reforms May Reshape Markets in Unintended Ways

By Hometown Insurance | January 6, 2026
Georgia lawmakers enacted two consumer-focused statutes that have gone into effect with the New Year that acknowledge and address one simple, but critical fact of life: Time is money. Approved by legislators in May 2025, Georgia Act 277 makes a …
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Recent Posts

  • People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams
  • King Risk Partners Acquires New Jersey’s Conover Beyer Associates
  • Viewpoint: Global Reinsurance Pricing to Remain Under Pressure Through 2027
  • SAIF in Oregon Declares $50 Million Dividend
  • Efforts Underway to Salvage Maine and Boston Schooners That Sank in NYC Canal

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