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Posts by Hometown Insurance

Gallagher Buys NetClaim, a Claims Management Firm, from NAVEX

By Hometown Insurance | July 5, 2024
Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said its claims and risk-management subsidiary, Gallagher Bassett, has acquired Georgia-based NetClaim from NAVEX. NetClaim, in Norcross, Georgia, provides first-notice-of-loss and first reports of injury for clients, including …
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PointeNorth Keeps Growing with Acquisitions in the Southeast

By Hometown Insurance | July 5, 2024
PointeNorth Insurance Group, a large agency in the Southeast, has acquired Valdosta Insurance Services and Southern Insurance Advisors, both based in Georgia. PointeNorth said in a statement that it provides growth opportunities for agencies, as well as a perpetuation strategy …
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California Warehouse, Logistics Companies Fined Nearly $840K After Worker Pay Probe

By Hometown Insurance | July 5, 2024
Three recent U.S. Department of Labor investigations in San Diego, California recovered nearly $840,000 for 32 employees, some of whom one employer reportedly paid less than $3 per hour. The department’s Wage and Hour Division determined that Ruffo de Alba …
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FTC Ban on Worker Noncompete Agreements Delayed by Judge

By Hometown Insurance | July 3, 2024
A federal judge delayed implementation of the US Federal Trade Commission’s near-total ban on noncompete agreements, the first salvo in the high-stakes legal fight over how much freedom workers should have to switch jobs within an industry. US District Judge …
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Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims

By Hometown Insurance | July 3, 2024
Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the insurer underpaid their total loss claims on their vehicles. The $48 million represents approximately 54% of the compensatory damages alleged …
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State Farm Seeking Large Rate Increases in Wildfire-Prone California

By Hometown Insurance | July 3, 2024
State Farm has applied for large rate increases in California, months after the carrier got rate approvals of 7% and 20% earlier this year—adding fuel to a burning homeowners crisis in a state that’s seen an increasing number of carriers …
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People Moves: Everest Taps BHSI’s d’Huart as Head of France, Charon Named Head of Client Engmt, Europe; CNA Hardy Promotes Magnus as Active U/W at Lloyd’s

By Hometown Insurance | July 3, 2024
This edition of International People Moves details appointments at Everest in Europe and CNA Hardy. A summary of these new hires follows here. Everest Taps BHSI’s d’Huart as Head of France, Charon Named Head of Client Engmt, Europe Everest announced …
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Judge Blocks Biden’s Bid to Halt LNG Export Licenses Over Climate

By Hometown Insurance | July 3, 2024
A federal judge halted Joe Biden’s temporary moratorium on new licenses for exports of US liquefied natural gas, though the decision is unlikely to immediately jump start approvals. US District Judge James D. Cain Jr. in Louisiana issued a preliminary …
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Giant Sinkhole Swallows Center of Illinois Soccer Field

By Hometown Insurance | July 3, 2024
ALTON, Ill. (AP) — A giant sinkhole has swallowed the center of a soccer complex that was built over an operating limestone mine in southern Illinois, taking down a large light pole and leaving a gaping chasm where squads of …
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How the Hot Water That Fueled Hurricane Beryl Foretells a Scary Storm Season

By Hometown Insurance | July 3, 2024
Hurricane Beryl’s explosive growth into an unprecedented early whopper of a storm shows the literal hot water the Atlantic and Caribbean are in right now and the kind of season ahead, experts said. Beryl smashed multiple records even before its …
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Recent Posts

  • Company Ordered to Remove Thousands of Wind Turbine Blades in Texas
  • Business Moves: MGA Fusion Specialty Acquired by UK Asset Manager Arrow Global; Arthur J. Gallagher Acquires Canada’s Wilson M. Beck Insurance Services
  • Arthur J. Gallagher & Co. Acquires Kansas-Based Med James
  • Dedicated Volunteers in Nashville Relay Calm, Straight-Talk Info During Dtorms
  • DOL Proposes $3.5M in Fines for Safety Violations at Texas Chemical Facility

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