Posts by Hometown Insurance
New Mexico Lawmakers Seek Assurances Amid Prescribed Burns
Members of New Mexico’s congressional delegation are looking for assurances from the U.S. Forest Service that the agency is taking preventative measures to ensure that future prescribed fires don’t turn into disasters. They sent a letter this week to Forest …
Read More Scientists: Hawaii’s Kilauea Not Erupting, Reversing Warning
Hawaii’s second–largest volcano is not erupting, scientists said in an update to a previous warning. The U.S. Geological Survey said in a statement that seismic activity beneath the summit of Kilauea “has returned to background levels, ground deformation has stabilized, …
Read More Oregon Closer to Magic Mushroom Medical Therapy
Oregon was taking a major step Friday in its pioneering of legalized psilocybin therapy with the graduation of the first students trained in accompanying patients tripping on psychedelic mushrooms, although a company’s bankruptcy has left another group on the same …
Read More Specialist Risk Group Acquires Mid-Market Commercial Broker Consort Insurance
Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of mid-market commercial broker Consort Insurance, subject to regulatory approval. Financial details of the deal were not disclosed. Based in Witham, Essex, UK, Consort is specialist broker supporting a …
Read More Festival Canceled, Businesses Interrupted as Red Tide, Brown Seaweed Blooms in Florida
Residents are complaining about burning eyes and breathing problems. Dead fish have washed up. A beachside festival has been canceled, even though it wasn’t scheduled for another month. To add to the misery, a giant stretch of brown seaweed is …
Read More Driver Flees After Hitting and Injuring Two Road Workers Near Atlanta
Two road construction workers were hit by a car and seriously injured in suburban Atlanta early Sunday. Police tell local news outlets that the men had gotten out of their vehicle under an overpass in Marietta to set up an …
Read More U.S. Commercial Rates Increased in Q4 – But at Slower Pace: WTW
U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8%, down from the rate of 5.2% in the previous quarter (Q3 2022), according to WTW’s most recent Commercial Lines Insurance Pricing Survey (CLIPS). The …
Read More Generali Hikes Dividend Payout After Posting Its Best Ever Operating Profit
Italy’s Assicurazioni Generali surprised investors on Tuesday by hiking the dividend payout on its 2022 results after posting its best operating profit ever. Finance chief Cristiano Borean also told reporters the leading Italian insurer had no exposure to collapsed U.S. …
Read More Amgen Sued by Pension Fund for Failing to Disclose $10B Tax Bill on Timely Basis
Amgen Inc. misled investors about its financial health by failing to reveal that it may be on the hook for more than $10 billion in back taxes and penalties, a pension fund claimed in a lawsuit. The Internal Revenue Service …
Read More People Moves: Harford Mutual Promotes Officers; Kyer Joins MEMIC; GMI Appoints Hall, Kelly
Harford Mutual Promotes Gearhart, Thames Wayne Gearhart has been promoted from vice president of claims to senior vice president and chief operating officer of Hartford Mutual Insurance Group, headquartered in Hartford, Connecticut. Gearhart brings nearly 30 years of insurance industry …
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