Posts by Hometown Insurance

Third quarter net income attributable to American International Group (AIG) shareholders increased about $1 billion compared with the same time period a year ago, even with catastrophe and investment losses. Q3 net income was about $2.7 billion compared with $1.7 …

The Federal Emergency Management Agency is reminding flood insurance policyholders hit by Hurricane Ian that they have an extra three months to renew their expiring policies. The agency said last week that Florida property owners with National Flood Insurance Program …

Florida is in the midst of a swirling storm with a property insurance market that has been described as in free fall. In late August, we marked the 30th anniversary of Category 5 Hurricane Andrew making landfall in South Florida. …

Uber cannot compel a passenger seriously injured in a crash involving an Uber driver to go to arbitration over his $63 million damages claim without a trial. Citing a 2021 state high court ruling that also went against Uber, a …

Ryan Specialty acquired certain assets of Centurion Liability Insurance Services LLC in Tustin, California. Centurion is a professional lines wholesale insurance broker and has employees based in Florida and California. Prior to the acquisition, Centurion was partially owned by Insurance …

KANSAS CITY, Mo. (AP) _ A Kansas City, Missouri, police officer who kneed a Black 15-year-old in the neck and pushed his face into the ground pleaded guilty Thursday to third-degree assault and lost his law enforcement license. Sgt. Matthew …

BROKEN ARROW, Okla. (AP) – An Oklahoma couple considered “primary suspects” in last week’s killings of their six children faced growing financial pressures and the husband experienced recurring pain from a workplace head injury, according to family members. Eight people …

A nearly 150-year-old building that was in the midst of a renovation collapsed in a northwestern Indiana city, scattering bricks and debris onto a street but causing no injuries, officials said. No one was inside the three-story building when a …

World Insurance Associates, one of the larger brokerage firms in the country, has acquired North Carolina-based Clinard Insurance Group. WIA, headquartered in Iselin, New Jersey, announced that it had purchased Clinard on Oct. 1. Terms were not disclosed. Clinard, or …

A former U.S. Navy chief petty officer, now living in Georgia, has pleaded guilty to being the ringleader in a $2 million scheme that claimed unusual injuries to defraud a disability program, administered by The Prudential, that was designed for …