Posts by Hometown Insurance

The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines office release by the Wholesale & Specialty Insurance Association (WSIA). 2023 premiums reflected a 14.6% …

(Bloomberg) — Florida’s southwestern coast — long one of America’s fastest-growing regions — is losing some of its boomtown swagger as a home-insurance crisis and other soaring costs make homes unaffordable. Homeowners from Sarasota south to Naples, known for its …

WASHINGTON (AP) — The U.S. government has seized a Boeing 747 cargo plane that officials say was previously sold by a sanctioned Iranian airline to a state-owned Venezuelan firm in violation of American export control laws. The Justice Department said …

FRANKFORT, Ky. (AP) — Kentucky Attorney General Russell Coleman filed a lawsuit Monday against one of the nation’s largest grocery chains, claiming its pharmacies helped fuel the state’s deadly opioid addiction crisis. The lawsuit against the Kroger Co. says its …

Columbia University was sued by a Jewish graduate student who claims the campus experienced an “explosion” of antisemitism since the Oct. 7 attack by Hamas on Israel. Mackenzie Forrest, 23, claims she faced discrimination because she’s an Orthodox Jew and …

Former Volkswagen chief executive Martin Winterkorn told a German court on Wednesday he did not deceive investors over the carmaker’s rigging of diesel engine emissions tests. It was the first time Winterkorn has spoken about the so-called dieselgate scandal in …

Cyber attacks are a concern for many industries, and the museum sector is no exception. As more museums and cultural institutions are using technology to display digital works, manage internal documents, or store donor data, the risks are prevalent. “The …

German battery maker Varta AG was hit by a cyberattack Monday night that halted production in five of its production facilities, the company said. The company’s information technology systems “and thus also production were pro-actively temporarily shut down for security …

Giraffe Flowers in Manchester, northern England, is preparing for the annual Valentine’s Day rush but florists fear that Brexit trade barriers will increasingly spell higher costs and delays for their business. The company operates two shops in the center of …

The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed by Silicon Valley Bank, the regional lender that failed last year. The federal tax agency claims the California-based lender owes both corporate …