Posts by Hometown Insurance

AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced that W. Marston (Marty) Becker will succeed Henry B. Smith as non-executive chair of its Board of Directors. Smith, who has served as chair since May of 2020, has decided to …

Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents, passed a major hurdle this week, moving it closer to approval by the full Legislature. But all Florida agents …

Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding. This financing comes within one calendar year of Coverdash’s seed round, bringing the company’s total funding to $16 million …

A California state judge has tentatively ruled that nearly 6,000 Black factory workers can sue Tesla as a group for the electric vehicle maker’s alleged failure to address rampant race discrimination and harassment at its Fremont plant. California Superior Court …

Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the pace to profitability will vary. Auto insurers Progressive and GEICO were the only two of 10 publicly traded carriers analyzed …

LEXINGTON, Ky. (AP) — Horse racing’s federal oversight body says racetracks under its jurisdiction experienced 1.23 racing-related equine fatalities per 1,000 starts in 2023, a much lower rate than at tracks outside its watch. The Horseracing Integrity and Safety Authority …

The husband of a New York doctor who died shortly after dining at a Disney Springs restaurant last year accused Walt Disney Parks and Resorts of negligence in a 19-page lawsuit filed in Florida. Jeffrey Piccolo is seeking in excess …

A U.S. judge on Thursday will consider whether to dismiss X Corp’s lawsuit against a nonprofit that has criticized a rise in hate speech on the social media platform once known as Twitter since Elon Musk took it over. X …

German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where it was before Russia’s full-scale invasion two years ago. After a sales slump of 10.4% in 2022 – when the …

Dry, windy weather that’s been fanning the worst Texas wildfire in almost two decades will return later this week after a brief respite of rain and snow. Fires raging across the Texas Panhandle have scorched homes and ranches, menaced an …