Posts by Hometown Insurance

Canada’s financial regulator on Wednesday proposed changes to its capital and liquidity approach to cryptoassets, citing a risky environment and in response to international banking standards. The Office of the Superintendent of Financial Institutions (OSFI)said guidelines were for federally regulated …

A south Florida contractor faces significant jail time after he was arrested for vastly underreporting his payroll to his workers’ compensation insurer. Hector Gutierrez-Morales, owner of HG & AKE Construction Corp., in Miami, was charged with workers’ compensation premium fraud, …

New cannabis products like gummies, drinks and new consumables bring the promise of exponential growth and the normalization of public consumption, promising to significantly reshape the business landscape for insuring cannabis specialists. Four industry experts recently gathered for an Insurance …

A gas line exploded Tuesday near a highway in rural western Virginia, but no injuries were reported, according to local officials. TC Energy said it was notified of a fire after there was a pressure drop in its Columbia Gas …

The collapse of a New York City garage in April was caused by the negligence of the owners of the building, according to their insurer, State Farm, which is suing them to recover $1.5 million in payments to the garage’s …

Physicians Insurance A Mutual Company reported a security incident affecting the personal information for some third-party contractors and the health information for some of its insureds’ patients. “Although we have no evidence to suggest that any personal information has been …

Brian Hill, 64, and Leslie Hill, 68, a husband and wife from Bakersfield, California, were charged with multiple felony counts of insurance fraud and conspiracy after a California Department of Insurance investigation reportedly found the couple underreported over $4 million …

OSHA has awarded Cardinal IG Waxahachie, a glass manufacturer and provider based in Waxahachie, Texas, with a “Star” designation for excellence in workplace safety and health management. The action follows an OSHA audit at the company’s Waxahachie facility. The agency …

Louisiana Gov. John Bel Edwards and the Office of Community Development announced that homeowners impacted by Hurricanes Laura, Delta, Ida and the May 2021 severe storms have until August 1 to complete the Restore Louisiana Homeowner Assistance Program survey. Homeowners …

Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, was recently named a platinum tier member in Previsor Insurance and Missouri Employees Mutual signature partner program. Criteria includes achieving $10 …