Posts by Hometown Insurance
California Awards $21.7M to Boost Climate Resilience Across the State
A new Regional Resilience Grant Program aims to protect California communities from climate impacts like wildfire, drought, sea level rise and extreme heat. State leaders have unveiled a $21.7 million funding initiative in the inaugural round of California’s Regional Resilience …
Read More Feds Sue Houston-Area Developer For Predatory Lending
HOUSTON — Federal authorities on Wednesday sued Houston-area developer Colony Ridge, accusing it of luring Latino home buyers into seller-financed mortgages and setting them up to default and face foreclosure. “Colony Ridge set out to exploit something as old as …
Read More Air Lease Gets Insurance Settlement for 4 Jets Stranded in Russia
Air Lease said on Friday it had received about $64.9 million in cash as part of an insurance claim settlement for four Airbus jets it had leased to a Russian carrier, which were blocked from leaving the country after Moscow’s …
Read More People Moves: Everest Promotes Browne to Global Head of Accident & Health; Miller Appoints Board From Conduit Re for Reinsurance Team
Everest Group Ltd., the Bermuda-based property, casualty, and specialty re/insurer, announced that Glen Browne has been appointed to global head of Accident & Health (A&H), effective immediately. Browne will continue to report to Adam Clifford, co-lead of Everest Insurance International. …
Read More Michigan State Approves Settlements With Families of Students Slain in Mass Shooting
EAST LANSING, Mich. (AP) – Michigan State University trustees have approved settlements with the families of three students slain during a mass shooting earlier this year on the school`s campus. Trustees voted unanimously last Friday to approve separate claims with …
Read More Wisconsin Halts Development of Groundwater Standards for PFAS Chemicals Due to Excessive Compliance Costs
MADISON, Wis. (AP) – Excessive compliance costs have forced Wisconsin regulators to stop developing standards limiting so-called forever chemicals in groundwater, Gov. Tony Evers said Tuesday. The Department of Natural Resources has been working on groundwater standards for PFAS chemicals …
Read More Jury Dismisses Suit Claiming LSU Officials Retaliated Against a Former Athletics Administrator
BATON ROUGE, La. (AP) – A jury on Wednesday dismissed a lawsuit accusing top Louisiana State University officials of retaliating against an athletics administrator for reporting alleged inappropriate sexual behavior by a head football coach. After six days of testimony, …
Read More Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were …
Read More Risk Strategies Buys Florida-based Setnor Byer Brokerage
Risk Strategies, a specialty insurance brokerage, has acquired Setnor, Byer, Boganoff Inc., which does business as Setnor Byer Insurance & Risk, a Fort Lauderdale-area brokerage and risk management firm. Terms of the deal were not disclosed. Founded in 1981, Setnor …
Read More Appeals Court Finds Rules for Oregon’s Climate Program Invalid
A state appeals court in Oregon decided the rules for a program designed to limit and drastically reduce greenhouse gas emissions from fossil fuel companies are invalid. The program, started in 2022, is one of the strongest climate programs in …
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