Posts by Hometown Insurance

Oregon employers will pay less for workers’ compensation coverage on average next year, according to the Oregon Department of Consumer and Business Services. The DCBS said the decline in costs marks 10 years of average decreases in the pure premium …

California Insurance Commissioner Ricardo Lara on Wednesday submitted an insurance pricing regulation to the California Office of Administrative Law to recognize and reward wildfire safety and mitigation efforts made by homeowners and businesses. The regulation is said by Lara’s office …

Keystone Insurers Group added Texas agency Allbright & Duncan to its growing network of agencies in the state. Based in Odessa, Allbright & Duncan’s specialties include general liability, auto, workers’ compensation, property, equipment, umbrella, builder’s risk, and more. Allbright & …

Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year 2022, according to a new AM Best report. In the first six months of 2022, premiums topped $31 billion, and …

A woman was killed during weekend flash flooding in rural southeastern Indiana that damaged numerous homes and washed away several roads, officials said. Normally small creeks were overwhelmed as perhaps eight inches of rain fell Saturday night in parts of …

Twelve people arrested while peacefully protesting in downtown Cleveland in 2020 following the murder of George Floyd will receive a $540,000 settlement from the city, according to an attorney for the protesters. Some of the 12 also received minor injuries …

A Texas jury awarded the Baylor College of Medicine in Houston $48,529,961 for damages caused by COVID-19 in what appears to be the first jury verdict in a lawsuit that sought insurance coverage for lost business income and other damages …

State Farm and ADT, a smart home provider, announced that State Farm will make a $1.2 billion equity investment in ADT, a move that will give the nation’s largest insurer a 15% ownership stake in ADT. The investment also heralds …

Roughly 200 people were told to evacuate and sheriff’s deputies were trying to track down campers and other recreationists after a wildfire exploded in Idaho’s scenic Sawtooth National Forest over the long holiday weekend. Lightning sparked the Ross Fork Fire …

Rains Insurance Inc. has acquired the operating assets of Chattanooga-based Sunbelt Group, marking the first acquisition of an independent insurance agency by Rains. Rains, also an independent agency, is a subsidiary of Knoxville-based SmartBank, a commercial bank with operations in …