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Insurance

Arkansas’ The River Company and Rogers Insurance Merge to Form ANKR

By Hometown Insurance | March 6, 2025
Two Arkansas independent agencies — The River Company and Rogers Insurance — announced their merger today, creating ANKR, one of the largest and most comprehensive insurance and payroll firms in the state. The new entity, which employs 80 professionals across …
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Truck Trailer Manufacturer Earns TDI Lone Star Safety Award

By Hometown Insurance | March 6, 2025
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized Kalyn Siebert with the Lone Star Safety Award for its exemplary commitment to workplace safety. Kalyn Siebert is a leading manufacturer of custom-engineered heavy-haul truck trailers, and employs …
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US Indicts Slew of Alleged Chinese Hackers, Sanctions Company Over Spy Campaign

By Hometown Insurance | March 6, 2025
The U.S. on Wednesday announced indictments against a slew of alleged Chinese hackers, sanctioned a Chinese tech company and offered a $10 million bounty over what Washington called a years-long spy campaign that stole information from victims across America and …
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Birth Injury Compensation Fund Executive Gets 9 Years for Embezzling $6.7 Million

By Hometown Insurance | March 6, 2025
A Providence Forge, Virginia man has been sentenced to nine years in prison for embezzling funds from his former employer, the Virginia Birth-Related Neurological Injury Compensation Program. According to court documents, John Hunter Raines was the chief financial officer and …
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US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules

By Hometown Insurance | March 6, 2025
As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties. The American Chamber of Commerce to the European Union (AmCham EU) says proposed revisions to the bloc’s environmental, social and governance …
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People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

By Hometown Insurance | March 6, 2025
This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here. Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability Tokio Marine …
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Engineers Assessing Risk After Condo in Charleston, SC, Ordered Evacuated

By Hometown Insurance | March 6, 2025
Multiple condominium buildings in Florida have been evacuated since the deadly 2021 collapse in Surfside. Now, residents of a Charleston, South Carolina, structure have been forced out, with city officials citing conditions similar to the Champlain Towers South condo in …
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Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund

By Hometown Insurance | March 6, 2025
RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A sub-fund of RenaissanceRe Medici ICAV, Medici UCITS is purpose-built to provide European and other global investors with access to RenaissanceRe’s …
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Georgia Lawmakers Push to Ban Automated Speeding-Ticket Cameras

By Hometown Insurance | March 6, 2025
(AP) — Outside Beacon Hill Middle School in the Atlanta suburb of Decatur, like along hundreds of roadsides across Georgia, the unblinking eye of a camera tickets drivers who speed through a school zone. Supporters say cameras slow down drivers …
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Liberty Mutual Q4 Income Up Nearly 90%, Year Earnings Climb

By Hometown Insurance | March 6, 2025
Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion – a nearly 90% increase over the same period the prior year. Boston-based Liberty Mutual’s total combined ratio of 91.5 for the fourth quarter was the lowest …
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