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Posts by Hometown Insurance

Industry Trades Rail Against Federal Climate Disclosure Bill

By Hometown Insurance | August 1, 2023
Federal legislation introduced last week that would require insurance companies with more than $100 million in annual premiums to disclose investments and underwritings related to coal, oil and gas projects, and fossil fuels is already required at the state level …
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Companies Caught in Diversity Crossfire Are Frozen by Uncertainty

By Hometown Insurance | August 1, 2023
The US Supreme Court’s ruling against affirmative action has sparked a fierce debate over the future of diversity in corporate America, with dueling sides claiming either that workplace programs are unaffected by the decision, or that they’re suddenly open to …
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After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance

By Hometown Insurance | August 1, 2023
Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg, Florida-based holding company for now-defunct United Property & Casualty …
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Tenco Adjusting Acquires James C. Greene Firm in Carolinas

By Hometown Insurance | August 1, 2023
Nashville-based Tenco Services Inc., a multi-line claims adjusting firm in six Southeastern states, plans to acquire the James C. Greene adjusting company in Raleigh, North Carolina, Tenco announced. Greene has offices in North and South Carolina and also works in …
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Three Killed When Small Plane Hits Hangar at California Airport

By Hometown Insurance | July 31, 2023
A pilot and two passengers were killed Sunday when a single-engine plane crashed into a hangar and burst into flames at a Southern California airport, authorities said. The Beechcraft P35 with three people on board crashed during departure around 6: …
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Ex-Oregon Prison Nurse Sexually Assaulted Nine Women

By Hometown Insurance | July 31, 2023
A federal jury found a former nurse at Oregon’s women’s prison guilty of sexually abusing nine women while they were in custody. The jury reached its verdict in the case against 38-year-old Tony Klein last week after nearly two days …
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Wildfire Risk Climbs for Spain as Heat Wave Moves to Iberia

By Hometown Insurance | July 31, 2023
The focus of Europe’s heat is switching to Spain, with a high risk of wildfires in southern parts of the Iberian peninsula. Southern Spain is expected to exceed 40C (104F) on Monday, with regions around Cordoba under alert for hot …
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People Moves: Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding Lee; MS Amlin Names Ross From Sedgwick as Product Recall Senior U/W

By Hometown Insurance | July 31, 2023
This edition of International People Moves details appointments at Lockton and MS Amlin. A summary of these new hires follows here. Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding Lee Insurance broker Lockton announced the appointment of …
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TWIA Board to Meet in Galveston to Discuss Annual Rate Filing for 2024 Policies

By Hometown Insurance | July 31, 2023
The Texas Windstorm Insurance Association (TWIA) Board of Directors will meet in Galveston on Tuesday, August 8 at 9:00 a.m. CT, where the Board is expected to consider the Association’s statutorily required annual rate filing for 2024 policies. The Board …
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Helicopter Crashes Near I-70 in Ohio, Killing Pilot and Causing Series of Accidents

By Hometown Insurance | July 31, 2023
SPRINGFIELD, Ohio (AP) – A helicopter hit power lines and crashed near an interstate in Ohio over the weekend, killing the pilot and causing a series of crashes, authorities said. The Bell 206L-4 aircraft was flying near I-70 in Springfield …
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