Posts by Hometown Insurance

Florida-based insurers still aren’t profitable, overall, but their net losses and underwriting losses are getting smaller. Two more property insurance companies are preparing to enter the Florida market. And the number of Citizens Property Insurance Corporation’s commercial policies is growing …

Insurance Office of America (IOA) named Paul Sullivan western division president. Sullivan joined IOA in 2009. He was previously IOA’s regional president of the Northwest region. Former roles include vice president at Arthur J. Gallagher & Co., California Insurance Center …

Dartmouth College lawyers argued last Thursday that the Ivy League school’s basketball players should not be considered employees because they are unpaid members of a money-losing program whose need-based scholarships don’t depend on their participation or talent. In a National …

The significant flash flooding in New York City in late September could end up costing hundreds of millions of dollars in economic and insurance losses, according to global insurance broker Aon’s most recent report on natural catastrophes. Fueled in part …

DECATUR, Ala. (AP) — An attorney representing the family of a Black man who was fatally shot at his home by police said Friday that officers did not give the man time to respond before they opened fire. Steve Perkins, …

An anonymous hacker is claiming to be selling “millions” of genetic profiles cobbled together from hijacked 23andMe customer accounts. The seller suggested the profiles, which include email addresses, photos, gender, date of birth and DNA ancestry, could be used to …

As personal property owners face issues related to rising frequency and severity of natural catastrophes, a survey has found many do not have money or know where to start in order to mitigate damages. The American Property Casualty Insurance Association …

FORT LAUDERDALE, Fla. (AP) — How much is Donald Trump`s Mar-a-Lago worth? That`s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property`s value when he said it`s worth at least …

SpaceX was accused in a lawsuit of discrimination for allegedly paying women and minority employees less than their male and White co-workers. The proposed class action, which cites California’s Equal Pay Act, was filed in Los Angeles Superior Court by …

ATLANTA (AP) — Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on financial promises to one of its nuclear reactor partners. The payments to Oglethorpe Power Corp., announced Friday, could hold down …