Posts by Hometown Insurance

A construction worker was killed and another was missing Friday morning after a massive fire broke out in an upscale business and residential area of Charlotte, North Carolina. News outlets reported that the five-alarm fire began early Thursday in or …

Driven by a “personal vendetta” against a toll bridge company, Alabama’s transportation director planned to build an unnecessary bridge across the Intracoastal Waterway at a cost of more than $100 million to the state, according to a judge who ordered …

Peloton Interactive Inc. and the US Consumer Product Safety Commission announced a long-awaited fix for the fitness company’s recalled Tread+ machine, which was pulled off the market two years ago following dozens of injuries and one death. The repair involves …

Drivers are kicking the tires and trading up for new auto insurance policies. In the first quarter, new policy growth rate was up 17% over the same period in 2022, and a record-breaking shopping growth rate was up 10.2% compared …

Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld conference, held this year in Atlanta, but the industry is beginning to see a light …

Workers in Georgia at one of the nation’s largest school bus manufacturers have voted to unionize. Employees at Blue Bird Corp. chose to be represented by the United Steelworkers union by a vote of 697-435, according to the National Labor …

Alabama legislation that would give victims of childhood sex abuse more time to sue their abusers has stalled in a committee amid opposition from insurance companies, the bill’s sponsor said. The Senate Judiciary Committee has not scheduled a vote on …

When HCI Group’s TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company’s plan to rely heavily on mapping technology and property data. This month, Tampa-based HCI announced that, after a …

Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain’s first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday. Britain aims to use carbon capture and …

Nearly two dozen GOP Attorney General offices sent a letter to the Net-Zero Insurance Alliance seeking documents and information over “legal concerns brought about by commitments to collaborate with other insurers in order to advance an activist climate agenda.” The …