Posts by Hometown Insurance

A woman whose car was captured on video vaulting into the air over a tow truck and crashing onto a Georgia highway says she’s recovering after spending two weeks in a hospital and undergoing several surgeries. “I don’t really remember …

A webinar briefing hosted by California Insurance Commissioner Ricardo Lara this week to ease concerns about deteriorating market conditions left insurance agents with more questions than answers, according to a group that represents agents. Agents are experiencing difficulty placing automobile …

A jury on Wednesday ordered the electric utility PacifiCorp to pay punitive damages for causing devastating wildfires in Oregon in 2020 – on top of an earlier verdict already expected to amount to billions of dollars. The decision came two …

A study out this week shows that nearly all of the observed increase in summer wildfires in California over the past half-century is attributable to man-made climate change. An international team of scientists looked at data from record-breaking summer forest …

This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, Bermuda Howden, the international insurance broker, announced the appointment …

High Definition Vehicle Insurance, a commercial auto insurance provider, launched its insurance products for commercial trucking fleets in Oklahoma, effective July 1. HDVI used approximately 3.5 billion miles of telematics data to build a proprietary risk model, the company said. …

Atain Hires Trimble as Chief Underwriting Officer Atain Insurance Companies has hired Linc Trimble as its chief underwriting officer. Trimble worked as a consultant with Atain leadership since February and started his new role on June 1. Attain is headquartered …

A rise in first quarter losses in the homeowners insurance line of business primarily put U.S. property/casualty underwriting results in the red, according to AM Best. The U.S. P/C industry booked a $8.2 billion underwriting loss during for the first …

The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as the world’s top ransomware threat. In a joint advisory, U.S., Canadian, British, French, German, Australian and New Zealand cyber authorities …

The Tennessee Department of Commerce & Insurance is reporting that it has helped return more than $7.4 million to consumers so far in 2023 through its mediation and restitution efforts. TDCI said it is on trend to pass last year’s …