Posts by Hometown Insurance
DOXA Acquires Indiana’s Bradshaw
DOXA Insurance Holdings is pleased to announce the acquisition of Bradshaw Insurance Group, Inc (BIG), a sixth-generation insurance agency. BIG is a Delphi, Indiana-based managing general agent (MGA) offering a full suite of services specializing in niche transportation insurance products, …
Read More People Moves: TXOGA Names Carlton as President; Long Joins Alliant in Texas
TXOGA Announces New President of the TXOGA Insurance Agency The Texas Oil & Gas Association (TXOGA) has named Neal Carlton as president of the TXOGA Insurance Agency, headquartered in Austin, Texas. Carlton most recently served as vice president of membership …
Read More Appeals Court Rules Insurers Not Obligated to Defend Distributor of Opioids
Westfield National Insurance Co. and Motorists Mutual Insurance Co. are not required by their insurance contracts to defend generic drug distributor Quest Pharmaceuticals against dozens of opioid-related lawsuits. According to the 6th U.S. Circuit Court of Appeals, language in the …
Read More President Approves California Disaster Declaration
President Joe Biden declared that a major disaster exists in California and ordered federal aid to supplement state, tribal, and local recovery efforts in the areas affected by severe winter storms, flooding and landslides. The president’s action makes federal funding …
Read More Massachusetts to Weigh Proposed 4% Cut in Workers’ Compensation Rates
The Massachusetts insurance department will hear testimony virtually on February 3 regarding a proposed 4.0% decrease in average workers’ compensation rates. The rate filing submitted by the Workers’ Compensation Rating and Inspection Bureau of Massachusetts in December calls for a …
Read More Louisiana Guaranty Fund Extends Deadline to File Suit Against FedNat, Maison
The Louisiana Insurance Guaranty Association (LIGA) has granted a voluntary extension to March 31, 2023, of the deadline by which former FedNat Insurance Company and Maison Insurance Company policyholders are required to institute litigation for first-party property damage claims arising …
Read More Evertree Acquires Michigan’s Provision
Evertree Insurance, an omni-channel property and casualty insurance distribution platform, acquired Provision Insurance Group, a Michigan-based independent insurance brokerage firm. “We are thrilled to welcome all 44 employees, including 20 producers, onto the Evertree Platform,” said Alex Tuff, Founder and …
Read More La. Nursing Home Owner Faces New Lawsuit in Ida Storm Evacuation
NEW ORLEANS (AP) _ A nursing home owner who faces criminal and civil complaints over evacuating residents to a squalid warehouse to ride out Hurricane Ida in 2021 is now being sued by federal authorities who say he misspent $4 …
Read More Travelers Estimates Drop in Q4 Income on Winter Storm Losses
Travelers Companies today released an estimate of $459 million in pre-tax catastrophe losses during the fourth quarter, and expects to report net income of $819 million for the last three months of 2022. Travelers said catastrophe losses were primarily caused …
Read More 3D Printing Reaches New Heights With Two-Story Home
A 3D printer is taking home building to a new level — literally. The enormous printer weighing more than 12 tons is creating what is believed to be the first 3D-printed, two-story home in the United States. The machine steadily …
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