Posts by Hometown Insurance
Signers National Acquires Texas’ Affiliated Insurance Agents
Signers National a group of insurance companies dedicated to servicing key client segments across the United States, announced the acquisition of Affiliated Insurance Agents. Affiliated Insurance Agents is an independent agency based in Houston and focused on comprehensive, competitive insurance …
Read More State Farm Sues Norfolk Southern Over Ohio Train Derailment Damages
State Farm Insurance brought forth a subrogation lawsuit last week against Norfolk Southern over damages to a pair of East Palestine, Ohio homes allegedly caused by the railroad company’s February 2023 train derailment. State Farm filed a complaint in Columbiana …
Read More Blu Clarity Names Irys Insurtech as Foundational Technology Platform
Blu Clarity, a value-based risk management solutions, has chosen Irys Insurtech as its foundational technology platform. This strategic move empowers Blu Clarity, an MGA, to quote and bind policies in real-time with any Irys platform user. Houston, Texas-based Blu Clarity …
Read More Agency Aggregator Union Bay Acquires Michigan’s Skar Insurance
Union Bay Acquisition LLC, an aggregator of insurance agencies agent based in Lansdale, Pennsylvania, has acquired Skar Insurance Group of Rockford, Michigan. Terms were not disclosed. Skar Insurance specializes in trucking insurance with presence in Illinois, Indiana, Michigan, Mississippi, Ohio …
Read More Iowa Enters Settlement With Cryptocurrency Firm Abra
The Iowa Insurance Division announced it entered a settlement in principle with a group of affiliated companies commonly known as Abra. The settlement addresses Abra’s alleged offer and sale of interest-bearing cryptocurrency depository products referred to as Abra Boost and …
Read More New Orleans Bakery Sued for Pregnancy Discrimination
Gracious, LLC, a company based in New Orleans and doing business as Gracious Bakery + Café, violated federal law when it fired an employee because of a medical condition related to her pregnancy, the U.S. Equal Employment Opportunity Commission (EEOC) …
Read More Verisk’s Annual Profit Forecast Falls Short Amid Spending Uncertainty
Verisk Analytics forecast 2024 adjusted profit below market estimates last Wednesday, as the broader data and analytics industry grapples with worries that an uncertain economy would potentially trigger spending cutbacks from clients. The company’s products primarily cater to U.S. property …
Read More Subterranean Termites Creating a ‘New Norm’ in Florida, Damaging Homes and Trees
Some of the most insidious and damaging species of termites are spreading across Florida, causing damage to homes as swarming season approaches in March, experts say. The South Florida Sun Sentinel reported that entomologists at the University of Florida are …
Read More Lithium Ion Battery Caused Fatal Fire in Harlem Apartment Building, Say Officials
A lithium ion battery sparked a fire that killed one person and injured 17 others at a New York City apartment building, fire officials said Saturday. Friday’s two-alarm fire began just after 2 p.m. on the third floor of a …
Read More People Moves: Florida Peninsula Hires Compliance Officer from Citizens
Florida Peninsula Insurance Co., one of Florida’s larger residential insurers, has named attorney Nancy Staff to be director of corporate compliance. The position is a new one for Florida Peninsula, where Staff will be responsible for developing and managing the …
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