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Insurance

People Moves: Palomba Joins Howden US as Deputy Head of Natural Resources

By Hometown Insurance | September 29, 2025
Howden US appointed Christine Palomba as deputy head, natural resources, Howden US, headquartered in Columbia, South Carolina. Palomba has 29 years of industry experience, most recently at Aon, where her previous role was managing director, U.S. power and renewables practice …
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People Moves: Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter; HDI UK & Ireland Names Potter From AXA XL as Director of Liability

By Hometown Insurance | September 29, 2025
This edition of International People Moves details appointments at Specialty MGA and HDI UK & Ireland. A summary of these new hires follows here. Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter Specialty MGA, the London-headquartered managing general agent …
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Flood-Focused Neptune’s IPO Joins Boom in Niche Insurer Debuts

By Hometown Insurance | September 29, 2025
Neptune Insurance Holdings Inc. is hoping its record of growth and profitability selling flood insurance policies will generate the same investor enthusiasm for its US IPO that greeted most debuts by other firms in the sector this year. Like many …
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Transportation Department Tightens Noncitizen Truck Driver Rules After Florida Crash

By Hometown Insurance | September 29, 2025
The U.S. Transportation Department tightened commercial driver’s license requirements for noncitizens Friday after three fatal crashes this year that officials say were caused by immigrant truck drivers. The new rules make getting commercial driver’s licenses extremely hard for immigrants because …
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Report: Response to Disastrous LA Fires Slowed by Lack of Resources, Outdated Alert Process

By Hometown Insurance | September 29, 2025
A lack of resources and outdated policies for sending emergency alerts led to delayed evacuation warnings as flames began consuming neighborhoods during deadly Los Angeles-area wildfires in January, according to an outside review. The Independent After-Action Report produced by the …
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Trump Says US to Impose 100% Tariff on Movies Made Outside the Country

By Hometown Insurance | September 29, 2025
U.S. President Donald Trump said on Monday he would impose a 100% tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood’s global business model. The step signals Trump’s willingness to extend protectionist trade policies into cultural …
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Hurricane Humberto Will Allow Storm Imelda to Veer Away From US

By Hometown Insurance | September 29, 2025
Hurricane Humberto will likely bulldoze a path for Tropical Storm Imelda to veer away from the coastal US Southeast, sparing the region from a direct strike. Category 4 Humberto’s winds rose to 145 miles (233 kilometers) per hour as of …
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Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art

By Hometown Insurance | September 29, 2025
A New York judge ruled Ron Perelman was not entitled to $400 million from insurers over alleged damage to an Andy Warhol and four other paintings from a 2018 fire at his Hamptons home. Justice Joel M. Cohen’s Friday decision …
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Harrods Warns Customers of Data Theft in Latest IT Breach

By Hometown Insurance | September 29, 2025
Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year. Data including names and contact details for some Harrods customers …
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French Court Opens New Trial on Air France 447 Air Disaster, After 16 Years

By Hometown Insurance | September 29, 2025
A French appeals court will begin a new trial on Monday of Air France and Airbus, 16 years after a jetliner plunged into the Atlantic killing all 228 people on board. A lower French court cleared both companies of corporate …
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