Posts by Hometown Insurance

Robert Meseer, 69, of Westminster, California, was sentenced this week after pleading guilty to 55 felony counts of grand theft, insurance fraud and forgery. Meseer was sentenced to three years of supervised formal probation and ordered to pay $92,140 plus …

New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe is another indication the state’s insurance regulator needs to approve more rate filings. The California New Car Dealers Association this …

A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score, race and sex among other criteria, an action that the insurance industry says would drive down competition and increase rates. …

A bill introduced last week by a Texas lawmaker would require law enforcement officers in the state to carry liability insurance as a condition of employment. Rep. Jolanda Jones, D-Houston, proposed House Bill No. 1808, which states a law enforcement …

The families of two students at a Newport News, Virginia elementary school where a 6-year-old shot and wounded his teacher have filed notices of potential legal action against the school system over trauma they say the shooting inflicted on their …

Specialty MGA UK, a recently formed managing general agent focused on providing additional capacity for specialty lines of businesses, has acquired the ForestRe team from Globe Underwriting, the UK-based MGA. Financial details of the deal were not disclosed. The team …

Ryan Specialty announced the formation of a global transactional risk practice, Ryan Transactional Risk. This global managing general underwriting practice is being created by combining the operations of Concord Specialty Risks (headquartered in New York City) and Ryan Specialty Transactional …

Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report. Under fraudulent instruction scams, criminals use hacking and phishing techniques to accumulate information that allows them to send plausible-looking requests …

LUFKIN — By the glow of a flashlight, Stacy McAlpine and her 10-year-old granddaughter played Go Fish and other card games as they snuggled up next to a propane fireplace. Thirty miles south in Robertson County, Elizabeth Smith and her …

Branch, a full-stack insurance company, announced it has launched condo insurance, expanding its list of instantly bindable products. Condo joins Branch’s existing arsenal of home, auto, renters, and umbrella insurance, and will be rolled out across Branch’s available states in …