Posts by Hometown Insurance
Iowa Insurance Agent Pleads Guilty to Wire Fraud
An Iowa man pleaded guilty to wire fraud for using his position as an insurance agent and annuity salesperson to defraud elderly individuals out of their retirement savings and other monies. Zachary James Flaherty, age 47, of Clive pled guilty …
Read More Illinois High Court Rules UM Insurance Can’t Be Restricted to Occupants of Covered Vehicles
The Illinois Supreme Court on Thursday affirmed an appellate court ruling that found that injuries to a 14-year-old boy who was struck by a car while riding his bicycle are covered by his father’s uninsured motorist policy despite language that …
Read More US Personal Lines Outlook Continues to Be Negative: AM Best
The U.S. personal lines insurance industry faces too many daunting challenges, leading AM Best to maintain its negative outlook. The outlook for personal lines was changed to negative in September 2022 – at first due in large part to the …
Read More Confie Acquires Acceptance Insurance
Confie announced the acquisition of Acceptance Insurance’s retail division to its family of brands. The personal lines distribution company said its latest acquisition expands its footprint to 26 states across the U.S. with the retail store additions in Ohio, Pennsylvania …
Read More Winter Weather in Pacific Northwest Cut Power to Thousands in Seattle
Winter weather brought high winds and snow to parts of the Pacific Northwest, knocking out power in some areas and dumping fresh snow across the Cascade Range. Thousands of households were without power Saturday morning in the greater Seattle area …
Read More World Insurance to Purchase Exchange Underwriters From Pennsylvania Bank
Insurance broker World Insurance Associates has agreed to purchase the personal and commercial insurance agency Exchange Underwriters, Inc. from CB Financial Services, Inc., the holding company for Pennsylvania-based Community Bank. According to the asset purchase agreement, World Insurance Associates will …
Read More Wolf-Dog Hybrid Pet Kills 3-Month-Old Child in Alabama
CHELSEA, Ala. (AP) — A 3-month-old boy was killed as his parents tried to rescue the baby from the family pet, a hybrid animal that was part dog, part wolf, authorities said. The boy had been bitten but was alive …
Read More New North Carolina Laws on Rioting, Power Station Attacks, Guns Take Effect
RALEIGH, N.C. (AP) — New or tougher criminal penalties against rioting, vandalizing power stations and harassing law enforcement officers and emergency workers are among North Carolina laws approved this year that took effect Friday. Expanded gun rights at some places …
Read More Massachusetts to Remove 8 Aging Dams for Water Quality, Flood Mitigation, Safety
Eight aging dams in central and western Massachusetts will be removed as part of a $25 million initiative announced Friday by state environmental officials. The structures to be dismantled include the abandoned high-hazard Bel Air Dam in Pittsfield. Removing the …
Read More US Supreme Court Set to Review Purdue Pharma Bankruptcy Settlement
The U.S. Supreme Court on Monday is set to hear a challenge by President Joe Biden’s administration to the legality of OxyContin maker Purdue Pharma’s bankruptcy settlement, a deal that if approved would shield its wealthy Sackler family owners from …
Read More