Posts by Hometown Insurance
Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.
Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits. IUL provides customizable insurance solutions designed to keep businesses competitive and …
Read More Trial Begins Over Claims Newsmax Defamed Smartmatic in 2020 Election Reporting
A defamation trial against Newsmax Media kicks off on Thursday over allegations the conservative outlet damaged Smartmatic by broadcasting false claims that the voting machine company helped steal the 2020 U.S. presidential election from Donald Trump. The trial in Wilmington, …
Read More Xceedance Acquires Illinois’ Millennium Information Services
Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago. With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network of more than 1,300 inspectors, …
Read More Ardonagh Marks Crucial Step Toward Completing A$2.3B Acquisition of Australia’s PSC
The Ardonagh Group, the London-based independent insurance distribution platform, announced that PSC Insurance Group Ltd.’s shareholders voted in favor of its proposed acquisition. The transaction, which is valued at A$2.3 billion (US$1.6 billion) and was ffirst announced in May 2024, …
Read More GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says
In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair prices have …
Read More AI Being Used to Scam Small Business Owners, Says Nationwide Survey
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam businesses. And small businesses …
Read More FTC Crackdown on Companies Using AI Includes ‘Robot Lawyer,’ Content Generator
As its authority is routinely questioned, the Federal Trade Commission has filed complaints against five companies it said use artificial intelligence (AI) to “supercharge deceptive or unfair conduct.” “Using AI tools to trick, mislead, or defraud people is illegal,” said …
Read More Britain Targets Russian LNG Sector With Fresh Shipping Sanctions
Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with the government saying it was using new legal powers for the first time to target LNG vessels directly. “Earlier this year, the …
Read More Acrisure Launches Bermuda Operation, Led by Industry Veteran Scope
Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients. Trading as Acrisure Bermuda Ltd., the new business unit aims to complement current reinsurance …
Read More Alex Jones’ Infowars to Be Liquidated at Auctions to Pay Sandy Hook Families
Conspiracy theorist Alex Jones ‘ Infowars media platform and its assets will be sold off piece by piece in auctions this fall to help pay the more than $1 billion he owes relatives of victims of the Sandy Hook Elementary …
Read More