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Posts by Hometown Insurance

TSLA Names Officers and Directors at Annual Meeting

By Hometown Insurance | December 8, 2023
The Texas Surplus Lines Association, Inc. announces the election of the following Officers and Directors at its 68th Annual Meeting held at the Four Seasons Hotel Austin on November 13, 2023. President – Kimmi Cantwell, McGowan, Donnelly & Oberheu, LLC …
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Microsoft’s OpenAI Investment Risks Scrutiny From US, UK Regulators

By Hometown Insurance | December 8, 2023
The US Federal Trade Commission is examining the nature of Microsoft Corp.’s investment in OpenAI Inc. and whether it may violate antitrust laws, according to a person familiar with the matter. The inquiries are preliminary and the agency hasn’t opened …
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Son of North Dakota Senator Crashes During Police Chase, Killing Sheriff`s Deputy

By Hometown Insurance | December 8, 2023
BISMARCK, N.D. (AP) – The 42-year-old son of U.S. Sen. Kevin Cramer crashed into a North Dakota sheriff`s vehicle during a police chase, pushing it into a deputy and killing him, according to authorities and the Republican senator`s family. Ian …
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5th Circuit Largely Sides With Louisiana Sheriff`s Deputies Accused in Lawsuit of Using Excessive Force

By Hometown Insurance | December 8, 2023
NEW ORLEANS (AP) – A federal appeals court has largely sided with two white Louisiana sheriff`s deputies in a lawsuit filed by a Black woman, rejecting her claims that they used excessive force against her as they investigated an allegation …
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Kansas Insurance Companies to See Reduced Surplus Lines Tax Rate in 2024

By Hometown Insurance | December 8, 2023
Insurance companies in Kansas will pay a reduced surplus lines tax rate beginning next year after the legislature passed a law lowering the surplus tax rate from 6% to 3% for tax years 2024 and after. Kansas insurance Commissioner Vicki …
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Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility

By Hometown Insurance | December 8, 2023
Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors & omissions line slips for primary business. The product is led by Canopius and IQUW with support from three other …
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Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team

By Hometown Insurance | December 8, 2023
JACKSONVILLE, Fla. (AP) — A former financial manager for the Jacksonville Jaguars has been accused of stealing more than $22 million from the franchise through its virtual credit card program between 2019 and 2023, according to a seven-page court filing. …
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Service Workers Union Asks Feds to Oversee South Carolina’s ‘Lax’ Safety Agency

By Hometown Insurance | December 8, 2023
COLUMBIA, S.C. (AP) — One of the largest labor organizations in the United States petitioned the federal government on Thursday to wrest workplace safety oversight from South Carolina regulators accused of failing to protect service employees. South Carolina is one …
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Florida Governor’s Budget Would Slice Premium Taxes and FIGA Assessment

By Hometown Insurance | December 8, 2023
Florida Gov. Ron DeSantis and the state’s insurance commissioner have touted the governor’s 2024-2025 state budget, released this week, as a $431 million relief package for Florida homeowners struggling with escalating property insurance premiums. Insurance industry lobbyists, consultants, professors and …
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Boy Scout Abuse Claims Fund Shouldn’t Pay $21M in Lawyers’ Fees, Judge Says

By Hometown Insurance | December 8, 2023
The judge presiding over the Boys Scouts of America’s bankruptcy has rejected a $21 million fee request from attorneys hired by law firms representing survivors of child sexual abuse. A group of personal injury firms called the Coalition of Abused …
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