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Insurance

Cyberattacks Cost Continental Europe’s Largest Economies €307B Over 5 Years: Howden

By Hometown Insurance | September 24, 2025
Cyberattacks cost companies in continental Europe’s four largest economies – France, Germany, Italy, and Spain – more than €300 billion (US$405.5 billion) in the past five years, according to a Howden survey. Nearly half (49%) of companies surveyed reported at …
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DOJ Settles With Kansas Community College to Enforce Rights of Servicemember

By Hometown Insurance | September 24, 2025
The Justice Department announced it has reached a settlement with the Kansas City Kansas Community College (KCKCC) to enforce the rights guaranteed to Kansas Army National Guard Major Stephen W. Terry by the Uniformed Services Employment and Reemployment Rights Act …
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Ryan Specialty Launches Clach Casualty Underwriting Managers

By Hometown Insurance | September 24, 2025
Ryan Specialty has announced the formation of Clach Casualty Underwriting Managers, a new managing general underwriter focused on providing casualty insurance solutions for complex construction and habitational real estate risks. Clach Casualty is a part of Ryan Specialty Underwriting Managers …
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Viewpoint: Enhancing Digital Claims With Behavioral Science

By Hometown Insurance | September 24, 2025
The P/C insurance industry stands at a critical inflection point. Customer expectations, reshaped by their seamless digital experiences with companies like Amazon and Apple, are pushing insurers to transform quickly. With claims now a decisive factor in customer satisfaction, companies …
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Camp Mystic Plans Partial Reopening After Devastating Texas Floods

By Hometown Insurance | September 24, 2025
Camp Mystic, the Christian girls’ camp where 25 young campers and two counselors died during the July 4 flooding, will reopen one of its campsites in 2026, according to an email shared with families. Camp Mystic officials said in the …
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Travelers: Confidence High in Guidance From Cyber Insurers; Work to Do on Take-Up

By Hometown Insurance | September 24, 2025
As cyber security threats continue to evolve, more businesses are trusting insurers to offer guidance on proactive protection and prevention. In fact, 86% of business leaders are confident in the cybersecurity guidance from insurance carriers—a higher rate than their confidence …
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King Risk Adds Another South Carolina Agency with Acquisition of LH Griffith

By Hometown Insurance | September 24, 2025
King Risk Partners has expanded again in the Southeast with the acquisition of LH Griffith & Co., an agency with offices in Walterboro and Goose Creek, in southeast South Carolina. Griffith agency was founded 25 years ago. Heath Griffith is …
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West Virginia Residents Wary After State Nursing Homes Sold to Private Company

By Hometown Insurance | September 24, 2025
Every day, LaRanda Schoolcraft drives five minutes down the hill from her Terra Alta home to visit the family member she calls her “person.” “My grandpa has dementia now and doesn’t always make sense,” she said. “But I see the …
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California AG Encouraged by OpenAI’s Stance on Chatbot Harms in Wake of Suit

By Hometown Insurance | September 24, 2025
California Attorney General Rob Bonta said he was “encouraged” by a recent talk with OpenAI Chief Executive Officer Sam Altman and actions the company has taken in the wake of a lawsuit alleging ChatGPT guided a teenager to suicide. In …
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Amynta Group Acquires Louisiana’s International Sureties

By Hometown Insurance | September 24, 2025
Amynta Group announced it has entered into a definitive agreement to acquire Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”), a commercial surety broker based in New Orleans, Louisiana. The transaction is subject to regulatory …
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