Posts by Hometown Insurance
Google’s Court Loss to Epic Games May Cost Billions but Final Outcome Years Away
Google’s stunning defeat in a legal battle with “Fortnite” maker Epic Games may clear the way for rival app stores on its Android mobile system but a lengthy appeals process will likely prevent any changes for years, according to analysts …
Read More As More Shop Around, Many Insurance Consumers Unaware of Rate Factors
According to a new survey released today by Trusted Choice—the national consumer brand representing the members of the Independent Insurance Agents & Brokers of America (the Big I)—nearly 70% of American are shopping their insurance policies to find a better …
Read More KBRA: Florida Insurers Got Creative in 2023 but Higher Reinsurance, More Storms Coming
Things are looking up in the buffeted Florida market, but reinsurance rates will continue to rise for the next two years, and a 2024 hurricane season could be busy. It all suggests that property insurers will continue to get creative …
Read More Former Florida Adjuster Sentenced to Five Years in Robbing of Tampa Drug Dealers
A former Florida claims adjuster has been sentenced to five years in prison and three years of probation for her role in a scheme to rob alleged drug dealers in the Tampa area. Jasmine Weber, 28, of Tampa, a former …
Read More Horse and Buggy Collision with Pickup Truck Seriously Injures 2 Occupants, Kills Horse
A horse and buggy collided with a pickup truck at an intersection in Maryland, ejecting all four passengers of the buggy and seriously injuring two, authorities said. The buggy was stopped at the intersection Sunday afternoon when the horse “unexpectedly …
Read More Oregon’s Compensable Worker Fatalities up in 3Q, Report Shows
A report from the Oregon Department of Consumer and Business Services for the third quarter shows a rise in work-related compensable fatalities. The department’s Quarterly Fatality report for the third quarter 2023 measures these workplace fatalities from July 1 to …
Read More Ex-First Republic Engineer in California Gets Prison for Cloud Hack
A former First Republic Bank cloud engineer in San Francisco was sentenced to two years in prison for vandalizing the company’s computer network after he was fired in 2020. Miklos Daniel Brody logged into the bank’s network without authorization, using …
Read More Texas Attorney General Secures Settlement with Blackbaud to Address Data Security Issues
Texas Attorney General Ken Paxton has obtained a settlement with Blackbaud, Inc. (“Blackbaud”) to ensure that the South Carolina-based software provider corrects its deficient data security privacy practices and is prepared to respond properly to any future security incidents. Paxton’s …
Read More People Moves: Society Insurance Promotes Haase and Saldana on Executive Team
Society Insurance, headquartered in Fond du Lac, Wis., named Ryan Haase as vice president – change management and marketing and Dennis Saldana as vice president – chief sales and underwriting officer on its executive team. Haase joined Society Insurance in …
Read More Higher Auto Claims, More Frequent Accidents Continue to Outpace Premium Hikes
As claim severity rises, US personal auto results are on the decline, according to AM Best’s latest Market Segment Report. The 112.2 net combined ratio in 2022 for personal auto was an almost 11-point deterioration from 101.5 in 2021, and …
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