Posts by Hometown Insurance

War risk insurance premiums for shipments through the Red Sea are rising after further attacks on merchant vessels by Yemen’s Houthi movement and the expectation that ships with a UK or U.S. connection will be targeted, insurance sources said on …

Trucking companies Werner Enterprises, Inc. and Drivers Management, LLC must pay $335,682 to a deaf truck driver months after an Omaha, Nebraska jury found in favor of the U.S. Equal Employment Opportunity Commission (EEOC) on disability discrimination claims, a federal …

The Houston Independent School District (HISD) violated federal law when it paid female senior Career & Technical Education (CTE) program specialists lower wages than male senior CTE program specialists for performing substantially equal work based on their sex, the U.S. …

The Texas power grid operator asked residents to conserve power a second time this week as a blast of cold weather plummeted temperatures well below freezing for much of the state. This new conservation request is from 6 a.m. to …

The Wisconsin Office of the Commissioner of Insurance (OCI) announced the appointment of Rebecca Easland to serve as Deputy Commissioner. Deputy Commissioner Easland most recently served as Senior Policy Advisor with the International Association of Insurance Supervisors (IAIS). During her …

Brown & Brown Europe’s wholesale and specialty brokerage group, Bridge Specialty International, announced it has agreed to acquire Acorn International Network Pte Ltd., a Singapore-based insurance broker. The transaction is expected to be completed in the first quarter of 2024, …

Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a newly released survey by Ivans. The annual …

The Occupational Safety and Health Administration said it is slightly raising civil penalty amount for 2024, effective Jan. 16. The Department of Labor’s OSHA said maximum penalties for serious and other-than-serious violations will increase from $15,625 per violation to $16,131 …

A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not at the same pace as seen in 2023.” “Our forecast calls for 5% to 15% rate increases for non-catastrophe property …

Starke Agency, an insurance brokerage in Montgomery, Alabama, has acquired University Insurance Agency in Auburn, one of the oldest brokers in the city. The terms of the deal were not disclosed. Starke said in a news release that it further …