Posts by Hometown Insurance

ATLANTA (AP) — Hurricane Lee is rewriting old rules of meteorology, leaving experts astonished at how rapidly it grew into a goliath Category 5 hurricane. Lee — which just as quickly dropped to a still-dangerous Category 3 and held that …

Premiums underwritten by U.S. managing general agencies not affiliated with insurance companies reached $33 billion in 2022, and fronting companies wrote another $13 billion in the same year, a new report says. Reinsurance broker Howden Tiger and the insurance research …

CHICAGO (AP) – A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices at more than 150 locations across the U.S. The …

Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department (KID) has returned dollars to group-funded pools following the enactment of legislation that does away with two assessment fees. The Department introduced and successfully lobbied for the passage of legislation …

Two litigation funding firms are seeking to intervene in disciplinary proceedings against McClenny Moseley & Associates after a federal judge in Louisiana ruled that the law firm has no right to any attorney fees for 201 hurricane-damage claims. The Equal …

LITTLE ROCK, Ark. (AP) – Thousands of Little Rock residents were without power Wednesday after a severe storm uprooted trees and damaged homes in neighborhoods rebuilding from a tornado that hit the state last spring. There were no immediate reports …

A profitability problem that would have otherwise taken insurtech Hippo half a year to correct is on the mend after just 30 days, the chief executive officer said at an investor conference Thursday. Speaking at the Keefe, Bruyette & Woods …

A workers’ compensation fund for Mississippi state agencies will can take subrogation action against the driver of an all-terrain vehicle that badly injured the then-chief of staff to the state’s lieutenant governor, the Mississippi Supreme Court decided this week. A …

Over 70,000 Burning Man festival-goers were stranded in Nevada’s Black Rock Desert following heavy rain over the weekend. The Pershing County Sheriff’s Office said one person died during the rain, though details about how the death occurred were not released. …

Kroger on Friday said it would pay as much as $1.4 billion to resolve thousands of lawsuits by U.S. states, local governments and Native American tribes claiming the supermarket chain’s pharmacies helped fuel the nation’s opioid epidemic. Kroger agreed to …