Posts by Hometown Insurance

German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing emissions that has faced growing political pressure in the United States. Hannover said in an emailed statement that it was …

The Workers’ Compensation Insurance Rating Bureau of California’s Governing Committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2023 pure premium rate filing to the state’s Insurance Commissioner on average 0.3% above the average approved September …

The Texas Windstorm Insurance Association (TIWA) Board of Directors on Tuesday elected to forego additional reinsurance beyond the $2.24 billion it selected in January, bringing the insurer of last resort’s total funding for the 2023 storm season to $4.5 billion. …

FRANKLIN COUNTY — Volunteer firefighter Jim Emery grew emotional as he spoke to the crowd at an anti-solar development town hall meeting in his northeast Texas community. Emery, who worked for decades at the nearby coal power plant before it …

DETROIT (AP) – An Ohio doctor acquitted in the deaths of 14 patients who died after they were given painkillers has filed a lawsuit against a national Catholic health system that operates the hospital where he worked in the intensive …

MADISON, Wis. (AP) – The defrocked Roman Catholic cardinal who became the face of the church’s clergy sex abuse crisis has been charged in Wisconsin with sexually assaulting an 18-year-old man more than 45 years ago, court records show. A …

At-Bay said insurance industry rating agency AM Best has assigned At-Bay Specialty Insurance Company a financial strength rating of A- (Excellent). At-Bay Specialty Insurance Company is a Delaware-domiciled excess and surplus (E&S) lines property and casualty (P&C) carrier, acquired by …

nap Inc. says it can’t be sued for allegedly addicting young users and contributing to a mental-health crisis because its “ephemeral” messaging service is “fundamentally different” from other platforms including TikTok and Instagram that are at the center of a …

Gov. Ron DeSantis and Florida lawmakers ratcheted up pressure on Walt Disney World on Monday by announcing legislation that will use the regulatory powers of Florida government to exert unprecedented oversight on the park resort’s rides and monorail. Lawmakers will …

First quarter net income at Travelers Cos. fell 4% to $975 million as catastrophes cost the insurer a total of about $535 million during the first three months of the year. Catastrophe losses, coupled with a $48 million first quarter …