Posts by Hometown Insurance
Embroker: Cybersecurity a Top Investment Focus for Startup Founders in 2023
Cybersecurity concerns will likely remain a focus for startup founders in 2023, according to the recent Embroker Cyber Risk Index: Startup Edition. The report said startup founders cited cybersecurity protections as one of their three non-negotiable areas of investment for …
Read More Lindberg Claims Buyer for Carolina Insurance Companies, But Liquidation Has Begun
North Carolina insurance executive and reported billionaire Greg Lindberg, now awaiting a second trial on bribery charges, says he has a buyer for his troubled insurance companies. But state regulators point out that liquidation proceedings have already begun. As of …
Read More One Year Later: Kentucky Agency, Community Recovering from Powerful Tornado
A year ago Saturday, one of the most powerful tornadoes to hit the United States ripped through western Kentucky with 190-mph winds, destroying multiple homes, businesses, a candle factory, churches, a county courthouse and a city hall — along with …
Read More Germany’s BASF to Restore Polluted Superfund Site in New Jersey
TOMS RIVER, N.J. (AP) — The German chemical company BASF will restore damaged natural resources at a notorious Superfund site where decades or pollution and illegal dumping caused vast contamination of the environment, New Jersey officials said Monday. The state …
Read More Foggy Conditions, Low Altitude Cited in Report on Plane Crash into Power Lines
GAITHERSBURG, Md. (AP) — A small plane that crashed into a Maryland electricity transmission tower last month was flying below minimum altitudes while approaching an airport in foggy nighttime conditions, according to a preliminary report on the crash. The pilot …
Read More Small Plane Crash Kills 3 Near Oklahoma City
YUKON, Okla. (AP). – A small plane crashed near Oklahoma City, killing all three people who were on board, authorities said Tuesday. The Beechcraft Bonanza F33A crashed at around 9:20 p.m. Monday near Clarence E. Page Airport in Yukon, the …
Read More UPC Latest Insurer to Leave Louisiana
Florida-based homeowners insurer United Property & Casualty Insurance Company (UPC) has announced it is leaving several states in 2023, including Louisiana where it has approximately 36,000 policyholders. UPC will begin non-renewing its policies in 2023, the Louisiana Department of Insurance …
Read More European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst
Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member Fabio Panetta said on Wednesday. Crypto investors suffered a series of blows …
Read More New York’s Marenco Agency Joins Renaissance Network
Marenco Insurance Agency has joined the Renaissance independent insurance agency network in New York. The family-owned property/casualty agency, founded in 1961, is located in New Rochelle, New York. It also serves clients in Connecticut, New Jersey, and Florida. Renaissance offers …
Read More PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services
PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman Estates, Illinois, DDS offers national automotive dealers, agents, and lender partners innovative F&I …
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