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Insurance

Wildfires in Mediterranean Leave a Dozen Dead as Heat Soars

By Hometown Insurance | July 24, 2025
Wildfires fueled by soaring temperatures and strong winds across the eastern Mediterranean left a dozen people dead in Turkey and Cyprus. Ten forest workers and search and rescue volunteers were killed in Turkey’s Eskisehir province and 14 others were hospitalized …
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Brown & Brown (Europe) Agrees to Acquire UK-Based Bloodstock Broker

By Hometown Insurance | July 24, 2025
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the transaction, which has …
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People Moves: Everest Promotes Beggs as EVP and Reinsurance CEO; Allianz Commercial Appoints Key Global and Regional Leaders, Creating New Nordics Region

By Hometown Insurance | July 24, 2025
This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd., the Bermuda-based property, casualty, and specialty …
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Microsoft Says Some SharePoint Server Hackers Now Using Ransomware

By Hometown Insurance | July 24, 2025
A cyber-espionage campaign centered on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis and threat intelligence,” Microsoft said a group it dubs …
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Video Shows Florida Deputies Punching Man. Was He Reaching for Knife?

By Hometown Insurance | July 24, 2025
A video showing Florida deputies punching and dragging a Black man from his car during a traffic stop has sparked nationwide outrage, with civil rights lawyers accusing authorities of fabricating their arrest report. The footage shows that William McNeil Jr., …
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MS Amlin Names Former Brit CUO Dart as CEO, Succeeding Carrier

By Hometown Insurance | July 24, 2025
MS Amlin, the Lloyd’s global re/insurer, announced the appointment of Christiern Dart as chief executive officer (CEO). Dart, previously group chief underwriting officer (CUO) at Brit, will take up the role in January 2026, subject to regulatory approval. Dart succeeds …
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Smoking or Oxygen Machine Eyed as Possible Causes of Assisted Living Home Fire

By Hometown Insurance | July 24, 2025
A fire that killed 10 people at a Massachusetts assisted-living facility was unintentionally caused by either someone smoking or an electrical issue with an oxygen machine, investigators said Tuesday. The state’s deadliest blaze in more than four decades has highlighted …
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Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh

By Hometown Insurance | July 24, 2025
Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage business of Marsh McLennan. The …
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Chinese Engines, Shipped as ‘Cooling Units,’ Power Russian Drones Used in Ukraine

By Hometown Insurance | July 24, 2025
Chinese-made engines are being covertly shipped via front companies to a state-owned drone manufacturer in Russia, labeled as “industrial refrigeration units” to avoid detection in the wake of Western sanctions, according to three European security officials and documents reviewed by …
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Top UN Court Says Treaties Compel Wealthy Nations to Curb Global Warming

By Hometown Insurance | July 24, 2025
The United Nations’ highest court on Wednesday told wealthy countries they must comply with their international commitments to curb pollution or risk having to pay compensation to nations hard hit by climate change. In an opinion hailed by small island …
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Recent Posts

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