Posts by Hometown Insurance
Alliant Acquires Aldrich Benefits in Oregon
Alliant Insurance Services acquired Oregon-based employee benefits firm Aldrich Benefits LP, of a member of the Aldrich group of companies. The Aldrich companies will continue to provide financial, wealth, tax, and business transition strategies and services to its clients. The …
Read More Questions on AI, Budget Deficit, Gun Owners Liability Await California Lawmakers
California lawmakers returned to work this week for the start of an election-year legislative session dominated by decisions on artificial intelligence and the state`s struggling budget. The budget is a big issue every year in California, which is the nation’s …
Read More People Moves: Baum Named Chief Operating Officer of California Workers’ Comp Institute
The California Workers’ Compensation Institute named Gideon L. Baum chief operating officer. He will take over the role on Feb. 1. Baum most recently served as the vice president of policy at the California Hospital Association. Before that, he was …
Read More Kennedy Cousin Whose Murder Conviction Was Overturned Sues Cop, Connecticut Town
Kennedy cousin Michael Skakel, whose murder conviction in the 1970s killing of a teenager in Connecticut was overturned, is suing the lead police investigator in the case and the town of Greenwich for alleged malicious prosecution, civil rights violations and …
Read More Medical Biller Charged With Stealing $1 Million in Workers’ Compensation Payments
New York Attorney General Letitia James announced the arrest and arraignment of a New Jersey man for allegedly stealing more than $1 million that was intended to be paid to doctors who provided medical care to injured workers covered under …
Read More FTC Reaches Settlement With XCast Labs Over Illegal Robocalls
U.S. regulators and XCast Labs have agreed on a proposed settlement of charges that the company facilitated billions of illegal robocalls, the Federal Trade Commission (FTC) said on Tuesday. The FTC also ordered the Voice over Internet Protocol (VoIP) provider …
Read More NFL Star Receiver’s House Catches Fire in Miami
Miami Dolphins wide receiver Tyreek Hill and his family were reported safe after a fire broke out in his Miami-area home Wednesday afternoon. The Associated Press, the New York Post and other news outlets reported that the fire scorched part …
Read More Viewpoint: Scoring Cyber Insurance Predictions of 2023
Twelve months ago in a rush of blood to the head, I wrote this article with a selection of cyber insurance themes I thought were pertinent for 2023. In the spirit of transparency, I thought I should mark my own …
Read More January’s Property Cat Renewals See Biggest Price Hikes in Turkey, Italy and US
While the reinsurance market indeed stabilized during the January 2024 reinsurance renewals (from the chaotic January renewals of last year), buyers with loss-affected programs experienced further upward pressure on retentions and prices, according to reinsurance brokers in comments about the …
Read More BMS Finalizes Acquisition of UAE’s Berns Brett Masaood, Rebranded as BMS Masaood
BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu Dhabi and Dubai. Financial details of the transaction, first …
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