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Insurance

AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market

By Hometown Insurance | July 10, 2025
Augmented UW Ltd., the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA was founded by Chief Executive Officer Daniel Prince, a leading executive in the London insurance market, who was formerly CEO …
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Extreme Weather Could Cause 5% Drop in Euro Zone GDP, Bank Watchdogs Find

By Hometown Insurance | July 10, 2025
Extreme weather events such as heatwaves, flooding and wildfires could wipe as much off euro zone GDP in the next five years as the global financial crisis or the COVID-19 pandemic, a senior European Central Bank official said on Wednesday. …
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Northeast Cities Ranked Riskiest in National Allstate Driving Report

By Hometown Insurance | July 10, 2025
The five U.S. cities with the riskiest drivers are all located in the Northeast, according to Allstate’s 2025 America’s Best Drivers Report. The insurer listed Boston as the city where drivers were most likely to experience a collision, followed by …
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Texas Agencies Missed Opportunities to Fund Flood Warning System

By Hometown Insurance | July 10, 2025
Over the last decade, an array of Texas state and local agencies missed opportunities to fund a flood warning system intended to avert a disaster like the one that killed dozens of young campers and scores of others in Kerr …
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Low Water Still Hindering Rhine River Shipping in Germany After Rainfall

By Hometown Insurance | July 10, 2025
Low water levels following a drought and heatwave in western Europe continue to hinder shipping through the Rhine river in Germany, commodity traders said on Wednesday, with rain in past days generating only a moderate rise in water levels. Low …
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M&S Says April Cyberattack Caused by Third-Party Impersonation

By Hometown Insurance | July 10, 2025
The cyberattack that derailed Marks & Spencer Group Plc’s operations for weeks was the result of a “sophisticated impersonation” of one of the retailer’s third-party users, according to Chairman Archie Norman. The hackers entered M&S’s systems on April 17 and …
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Qantas Says Passenger Addresses, Meal Choices Among Stolen Data

By Hometown Insurance | July 10, 2025
Qantas Airways Ltd. said personal information belonging to 5.7 million customers, ranging from names and addresses to phone numbers and meal preferences, were stolen in last week’s cyberattack, as the fallout from the latest airline security breach becomes clearer. The …
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Corps Revises Pearl River Flood Study in Mississippi, Sets New Comment Period

By Hometown Insurance | July 10, 2025
The U.S. Army Corps of Engineers has released a revised study on potential flood controls for the part of the Pearl River that runs along Jackson, narrowing its focus to two proposals, and only one of them would resemble the …
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Texas Counties Have Little Power to Stop Building in Flood-Prone Areas

By Hometown Insurance | July 9, 2025
Camp Mystic, the private summer camp that now symbolizes the deadly Central Texas floods, sat on a tract of land known to be at high risk for a devastating flood. Nearly 1.3 million Texas homes are similarly situated in parts …
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Kansas Insurance Commissioner Schmidt Announces Run for Governor

By Hometown Insurance | July 9, 2025
Kansas Insurance Commissioner Vicki Schmidt announced her bid to run for Governor of Kansas in 2026. Schmidt, a lifelong Republican, began her career as a pharmacist after graduating from the University of Kansas. She has worked for over 40 years …
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Recent Posts

  • Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage
  • Viewpoint: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage
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  • Chicago River Bridge Gets Stuck After Lifting for Boat to Pass
  • Ross Fire Continues Burning in North Texas

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