Posts by Hometown Insurance
People Moves: Rice Joins Alliant Insurance Services’ Employee Benefits Team
Brandon Rice joined Alliant Insurance Services, based in Irvine, California, as a vice president for its employee benefits group. Rice is based in Dallas. He most recently served as vice president at Lockton Companies, where he worked for over 18 …
Read More Regulators Fine Citi $136M for Failing to Fix Longstanding Data Issues
U.S. bank regulators fined Citigroup $136 million for making “insufficient progress” fixing data management issues identified in 2020 and required the bank to demonstrate it was putting enough resources toward those efforts. The joint enforcement action from the Federal Reserve …
Read More Woman Used Photos from Another Person in State Farm Claim, NCDOI Says
North Carolina authorities have charged one woman and are on the lookout for another in connection with a scheme to defraud a State Farm insurance company of more than $195,000. India Ayesha Wilkerson, 25, of Greensboro, was charged with insurance …
Read More No Shops, No Gas: Large Swaths of Houston Are Still in the Dark
Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights. Gas stations are either closed or swamped …
Read More NRA’s Ex-CFO Agrees to Nonprofit Ban; Avoids Second Trial; Still Owes $2 Million
The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday. Phillips agreed to the ban in May, three …
Read More Judge: Protestors Can’t March Through Security Zone at Republican National Convention
MADISON, Wis . (AP) — A federal judge ruled Monday that protesters can’t march through a security zone at the Republican National Convention, handing a defeat to liberals who had pushed to have closer access to where delegates will be …
Read More Texas Tank Cleaning Company Faces $800K Fine After Worker’s Fatal Injury
A La Porte, Texas tank cleaning company faces over $800,000 in fines after the company allegedly disregarded federal safety standards that may have protected their employees from hazardous working conditions and prevented another employee from suffering a fatal injury. In …
Read More NYU Settles Suit by Jewish Students Who Complained of Antisemitism
New York University has settled a lawsuit filed last November by three Jewish students who said they had been subjected to “pervasive acts of hatred, discrimination, harassment, and intimidation” since the start of the Israel-Hamas war. NYU and the plaintiffs’ …
Read More SageSure Secures $60M Cat Bond Ahead of Busy Hurricane Season
SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …
Read More People: Stacks Brokerage in Florida Names Bordman Commercial President
Stacks Insurance Brokerage in Lighthouse Point, Florida, has named Kenny Bordman partner and president of commercial insurance. Bordman has more than a decade in commercial insurance, preceded by years in the U.S. Army and law enforcement, Stacks said in a …
Read More