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Posts by Hometown Insurance

Israel Expands Lebanon Assault With Iran-US Talks in Balance

By Hometown Insurance | June 1, 2026
Israel expanded its ground assault in Lebanon with its broadest incursion into the country in a quarter-century as Hezbollah — Iran’s most powerful regional ally — stepped up attacks on Israel’s north. According to the Israeli military, Hezbollah fired more …
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SEC Moves to Scrap Biden-Era Rule on Climate Risk Disclosures

By Hometown Insurance | June 1, 2026
The US Securities and Exchange Commission wants to formally kill rules it’s now calling a “dramatic overreach” of its own authority that would have required public companies to report greenhouse gas emissions and climate-related risks to their operations. The 2024 …
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Roof Costs Soar Even as Claims Decline: Verisk

By Hometown Insurance | June 1, 2026
Hail volatility and aging roofs are driving higher residential replacement severity, a new study by data analytics and technology provider Verisk finds. Roof losses didn’t slow despite a 20 percent decline in overall claims volume in 2025. Data showed that …
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Verizon DBIR Says Software Vulnerabilities Aren’t Being Patched Quick Enough

By Hometown Insurance | June 1, 2026
Hackers are still trying to trick people to exploit an organization’s systems, but more breaches now with software vulnerabilities Stolen passwords, or credential abuse, are no longer the top way hackers breach systems, according to Verizon’s latest annual Data Breach …
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Entrepreneur’s Suit Says My Safe Florida Home Hurricane Shutters Are Fire Hazards

By Hometown Insurance | June 1, 2026
As the 2026 hurricane season blows in today and a state-funded wind-mitigation program remains as popular as ever, a Florida entrepreneur named John Smith wants a word. The My Safe Florida Home program, providing matching grants for window and door …
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Southern California Property Fight That Hit Several Banks Spurs $1.34B Award

By Hometown Insurance | June 1, 2026
A years-long dispute over a portfolio of commercial properties in Southern California that sparked credit concerns at several banks last year has led to a roughly $1.34 billion arbitration award. Real estate owner Mohammad Honarkar was “fraudulently induced” into doing …
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Bus Hits Cars in Virginia, Killing 5 Massachusetts People and Injuring 34

By Hometown Insurance | May 31, 2026
A bus crashed into vehicles slowing for a work zone on Interstate 95 in Virginia early Friday, killing five people and injuring dozens, including the driver, authorities said. The crash happened at about 2:35 a.m. on southbound I-95 in Stafford …
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Illinois Passes Legislation to Give Insurance Department Oversight of Rate Changes

By Hometown Insurance | May 29, 2026
Illinois lawmakers this week passed a pair of bills that gives the insurance department the authority to review homeowners and auto rate filings to determine whether they are excessive. The insurance industry has heavily opposed the legislative measures, warning that …
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Kentucky Food-Color Plant Was ‘Catastrophe Waiting to Happen,’ CSB Says

By Hometown Insurance | May 29, 2026
A Kentucky food-coloring manufacturer made a number of missteps and was not equipped to prevent the 2024 runaway chemical reaction that killed two workers and caused millions of dollars in damage to the plant and surrounding neighborhoods. That was the …
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Corpus Christi Focuses on Delaying Looming Water Crisis

By Hometown Insurance | May 29, 2026
Five straight years of record heat, sporadic rainfall and divided leadership has Corpus Christi in danger of becoming the first U.S. city to run short of water. Only rain — lots of it — can keep the coastal city from …
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