Posts by Hometown Insurance

In an upscale Seoul neighborhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer – a close friend of South Korea’s president. Prosecutors have charged the driver with …

S&P Global Ratings announced that the rating agency is lowering the “AA-” financial strength and long-term issuer credit ratings for global reinsurer SCOR SE and its operating subsidiaries, highlighting persistent underperformance as the reason for the downgrades. “SCOR’s operating performance …

Aaron Rodgers has hit the ground in every NFL stadium except one. And while the “frozen tundra” of Lambeau Field has delivered its share of bumps and bruises, the venues with artificial turf have been even rougher on Rodgers’ nearly …

A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge …

Female employees at Nike Inc. who came on board before the company revamped its hiring practices were still subject to pay gaps that totaled at least $11,000 annually compared with male employees, plaintiffs in a lawsuit allege in newly unsealed …

Towne Insurance Agency, with offices across Virginia and the Carolinas, has acquired Lockhart Insurance, expanding its footprint in the Charlotte area. Lockhart was founded in 1972 by Gregg Lockhart and has been a fixture in the Charlotte community for decades, …

Washington Insurance Commissioner Mike Kreidler issued fines in October totaling $111,000 against insurance companies, agents and brokers who violated state insurance regulations. Following are the companies, their location, the size of their fines, and the allegations against them. Insurance companies …

BUFFALO, N.Y. (AP) — A dangerous lake-effect snowstorm paralyzed parts of western and northern New York on Friday, dumping over 5 feet in some spots with more expected to fall through the night into Saturday. The storm was blamed for …

Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines came in …

LITTLE ROCK, Ark. (AP) – A federal appeals court said Wednesday it won’t reconsider its ruling temporarily blocking Arkansas from enforcing its ban on gender-affirming care for children. The 8th U.S. Circuit Court of Appeals denied the state’s request for …