Posts by Hometown Insurance

The commercial arm of French insurer AXA is reducing cover offered to aviation companies as it seeks to protect the multibillion-euro business after heavy Ukraine-related losses, two underwriting and broking sources told Reuters. One of the top 10 players in …

A North Carolina utility said an electricity substation was damaged by gunfire early Tuesday but that it caused no power outages. The damage comes after a gunfire attack on multiple substations in Moore County knocked out power to more than …

Orange County planners outlined a variety of strategies Tuesday for county commissioners to consider as the board searches for answers to boost lagging home construction, considered to be at the root of the region’s deepening housing crisis. One solution may …

The NCAA will ask a federal appeals court next month to block a lawsuit that seeks to have athletes treated as employees who are paid for their time, the latest high-profile challenge to amateurism in college sports. The Division I …

YOAKUM, Texas (AP) – A small plane crashed Tuesday while approaching a Texas airport, killing four members of a Tennessee church and leaving the lead pastor injured, authorities and the church said. The single-engine Piper PA-46 crashed in an open …

Great American Insurance Group Announces Leadership Promotions Great American Insurance Group, based in Cincinnati, Ohio, has promoted Brian D. DeSoto, Carrie A. Little and Richard (Rich) L. Suter to the role of divisional group president. DeSoto started his career with …

BATON ROUGE, La. (AP) – As Louisiana continues to be plagued by insurance woes, with insurers leaving or going out of business in the hurricane-stricken state, some lawmakers say a special legislative session to address the crisis is imminent. Discussions …

DETROIT (AP) – A Detroit museum displaying a 1888 painting by Vincent van Gogh as part of a showing of 80 of his works said it shouldn’t be pulled into a dispute over ownership of the multimillion-dollar artwork. The Detroit …

The U.S. government plans to impose new regulations on food producers and handlers aimed at reducing fraudulent schemes in which non-organic products are sold as organic, one of the biggest changes to oversight of the industry in decades. A final …

Allstate Corp. on Wednesday said it expects to end 2022 in the red with a net loss of between $285 million and $335 million for the fourth quarter, and a combined ratio of 109.1. Though the insurer continues to implement …