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Insurance

Russia’s Aeroflot to Settle Deals for Last 36 Planes Leased From West

By Hometown Insurance | June 6, 2025
Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes from a total of 228 aircraft it agreed to buy, Aeroflot head Sergei Aleksandrovski told Russian newspaper Kommersant. Aircraft leasing …
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World’s Auto Supply Chain Is in Hands of a Few Chinese Bureaucrats

By Hometown Insurance | June 6, 2025
In a hulking grey building just east of Tiananmen square in Beijing, a small team in China’s Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time. China holds …
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Viewpoint: Fixing the Claims Experience Where It Matters Most – In the Mess

By Hometown Insurance | June 6, 2025
Before becoming a parent, I thought I could plan for everything. There are books, blogs and apps galore. My prediction was that I could stay ahead of the chaos if I studied, prepared enough and followed the proper steps. Then …
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Reddit Sues Anthropic, Says AI Company Exploited User Data

By Hometown Insurance | June 6, 2025
Reddit Inc. sued artificial intelligence firm Anthropic, saying it has used the social media company’s content without permission to train its AI models. The lawsuit, which was filed Wednesday in San Francisco Superior Court, alleges that Anthropic attempted to access …
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Supreme Court Spares US Gun Companies From Mexico’s lawsuit

By Hometown Insurance | June 6, 2025
The U.S. Supreme Court on Thursday spared two American gun companies from a lawsuit by Mexico’s government accusing them of aiding illegal firearms trafficking to drug cartels and fueling gun violence in the southern neighbor of the United States. The …
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After $66M Florida Boat Crash Award, Judge Says TPA Can’t Halt Claims Adjustments

By Hometown Insurance | June 6, 2025
South Florida residents will likely remember Aaron Hirschhorn, the successful Miami entrepreneur who launched a dog-sitting service then won a big investment for a stem-cell therapy for dogs when he appeared on the “Shark Tank” TV show in 2019. Hirschorn …
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Napa Town That Once Rode out Emergencies with Diesel Gets Clean-Power Backup

By Hometown Insurance | June 6, 2025
For residents of this quaint tourist town on the northern edge of Napa Valley, the threat of wildfire is seldom out of mind. The hillside bears burn scars from a 2020 fire that forced all of Calistoga to evacuate, and …
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LA County to Pay $2.7M to Teen Attacked in ‘Gladiator Fights’

By Hometown Insurance | June 6, 2025
Los Angeles County agreed to pay $2.7 million to a teenager who was attacked by at least six other young people at a juvenile detention center in so-called “gladiator fights” that were allegedly facilitated by probation officers. The boy’s beating …
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Monarch E&S Acquires Market Finders in New Mexico

By Hometown Insurance | June 5, 2025
Monarch E&S Insurance Services acquired Market Finders Inc. in Albuquerque, New Mexico. MFI is a managing general agent and wholesale broker founded in 1971. MFI specializes in both personal and commercial lines, including transportation risks. The company is led by …
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Minnesota’s The Builders Group Goes Live on Insurity’s Workers Comp Suite

By Hometown Insurance | June 5, 2025
Insurity, a provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that The Builders Group (TBG) has successfully gone live on Insurity Workers’ Comp Suite. This milestone signifies the completion of a deployment that …
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