Posts by Hometown Insurance
Four Florida Cities in Top 10 Most Dangerous for Pedestrians, Affecting Insurance Costs
Six of the top 10 most dangerous cities for pedestrians are in the Southeast and four of those are in Florida, according to a report from an advocacy group that works for better planning and safer transportation designs. And the …
Read More Hurricane Ian Runoff May Be Worsening Red Tide on Florida’s SW Coast
Scientists are saying a red tide bloom that’s lingered along the coast for a few weeks is now being fed by nutrients running off the landscape in the wake of Hurricane Ian. Red tide (Karenia brevis) is a naturally occurring …
Read More Viewpoint: California Regulatory System Hurting Independent Agents and Their Clients
Millions of California insurance consumers are being adversely affected and incurring higher costs of insurance due to the malfunctioning insurance regulatory system in California. Moreover, the broken regulatory environment is undermining, and in some cases, threatening to destroy, independent insurance …
Read More California Commissioner Issues Moratorium on Homeowners Insurance Cancellations in L.A. and Kern Counties
California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s Nov. 19 emergency declaration. The commissioner’s bulletin shields policyholders within the wildfire perimeter of the Route Fire and in adjacent ZIP codes from …
Read More Proposed Settlement Bars Financing Firm From Victim Compensation Funds
The federal Consumer Financial Protection Bureau (CFPB) and the New York attorney general have resolved years-long their claims of deceptive practices in connection with cash advances offered to people on their settlement payouts from victim-compensation funds. Under the settlement, RD …
Read More Avian Flu Outbreak Wipes Out Record 50.5 Million Birds
Avian flu has wiped out 50.54 million birds in the United States this year, making it the country’s deadliest outbreak in history, U.S. Department of Agriculture data showed on Thursday. The deaths of chickens, turkeys and other birds represent the …
Read More Rokstone to Launch Ohio-Based Farm and Ranch Division
Rokstone Agriculture Risk Underwriters, the U.S. specialist agriculture division of the International Speciality (Re)Insurance MGA, Rokstone, has acquired two US market leading senior underwriters to launch a new specialist farm and ranch division based in Ohio. Joshua Lauth has been …
Read More Private Flood Insurance Market Growing; NFIP ‘Adrift’: AM Best
Hurricane Ian may result in one of the largest losses in the history of the National Flood Insurance Program and add to its current $20.5 billion debt. According to a market segment report from AM Best, the projected range of …
Read More Police: 4 Dead at Oklahoma Pot Farm Were ‘Executed,’ Chinese Citizens
LACEY, Okla. (AP) – Police have identified a suspect in the slayings of four people at an Oklahoma marijuana farm but said they aren’t releasing a name because doing so could put more people in danger. Authorities said the three …
Read More Texas Judge Backs Full $49M Jury Award Against Alex Jones
AUSTIN, Texas (AP) – A Texas judge said last week she will not lower a nearly $50 million punishment against Alex Jones that a jury handed down earlier this year over the Infowars host spreading false conspiracy theories about the …
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