Posts by Hometown Insurance

Former President Donald Trump filed a $500 million lawsuit against his former attorney Michael Cohen for allegedly violating their attorney-client bond and spreading “embarrassing or detrimental” lies. Cohen, whose falling out with Trump has led to exchanges of insults between …

Management failures, not loose regulations, prompted Silicon Valley Bank’s sudden failure last month, a top Federal Deposit Insurance Corporation (FDIC) official said on Wednesday. “Mismanagement of interest rate risk was at the core of SVB’s problem,” FDIC Vice Chairman Travis …

Florida regulators have given a green light to a new homeowners insurance company, the first since state lawmakers took steps in December to rein in costly claims litigation. Tailrow Insurance Co., part of HCI Group, was approved April 4 by …

Florida authorities have charged a Miami man – who has a long record of criminal and civil cases under his name – with insurance fraud after investigators found that some $300,000 in claims were linked to pre-exiting damage to his …

Insurance broker World Insurance Associates reports that it has acquired the business of Thomas J. Woods Insurance Agency, Inc. of Worcester, Massachusetts. TJ Woods was founded in 1949, and is a property/casualty agency, providing personal and business insurance. Terms of …

The Texas Windstorm Insurance Associated Board of Directors will meet Tuesday, April 18 to discuss taking possible action on the TWIA’s reinsurance purchase for the 2023 storm season. TWIA’s reinsurance broker, Gallagher Re, will present information to the Board on …

Texans who suffer from chronic pain and potentially other debilitating conditions would be able to access the state’s medical marijuana program under a bill advanced by the Texas House on Tuesday. The bipartisan legislation, sponsored by House Public Health chair …

This edition of International People Moves details appointments at Sompo International, Oneglobal Broking and Vantage Group Holdings. A summary of these new hires follows here. Sompo Int’l Promotes Cañellas to Iberia Country Manager, Insurance Sompo International, a leading provider of …

Luebbering Insurance Agency recently joined Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Founded in 1991, Luebbering Insurance Agency was created by owner Dennis Luebbering. The full-service nine-person agency …

When word surfaced that soils and liquids laced with chemicals from the East Palestine, Ohio, train derailment were being sent to southeastern Michigan for storage, local residents and politicians were livid. “People were seeing pictures of what happened in Ohio …