Posts by Hometown Insurance

Policyholders with three insurance companies once owned by Greg Lindberg and who have as much as $50,000 in the bank may now qualify for financial hardship payments, the North Carolina insurance commissioner announced Wednesday. “This will make policy funds more …

Independent agency sale transactions are continuing at a strong pace in 2022. Organic growth rates and profitability are booming, according to Reagan Consulting. Those financial drivers continue to steer agency merger-and-acquisition prices upward. In this environment, some agency principals are …

The rain that unleashed massive floods in Appalachian mountain communities diminished on Tuesday, leaving survivors to face a new threat: baking in the heat as they try to recover. “It’s going to get really, really hot. And that is now …

A substance made when the body breaks down heroin was present a truck driver’s blood just hours after he was involved in a 2019 crash that killed seven motorcyclists, a forensic toxicologist testified this week. The metabolite, referred to as …

The Demotech financial review firm has withdrawn the stability ratings for two more Florida property insurance companies, Bankers Specialty Insurance and First Community, both part of Bankers Insurance Group. Meanwhile, the state Office of Insurance Regulation has posted answers to …

New state rules require access to water, shade and breaks on hot days, but workers say they’re still laboring in unsafe conditions. Skyler Fischer is forklift driver at a Fred Meyer distribution center in the town of Clackamas. He’s been …

Leasing for new oil and gas drilling on federal land in central California is temporarily blocked under a settlement announced this week between the state and the U.S. Bureau of Land Management. The deal, which still needs court approval, centers …

Robinhood Crypto will pay a $30 million penalty to New York State for “significant failures” in its anti-money laundering obligations and cybersecurity compliance, according to the state’s financial services regulator. According to Superintendent of Financial Services Adrienne A. Harris, the …

The U.S. Supreme Court’s June overturning of the 1973 Roe v. Wade decision protecting women’s constitutional right to an abortion has brought with it reports of growing digital privacy concerns. Most of the concerns center on individuals’ collected data due …

This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and AM Best. A summary of these new hires follows here. BHSI Hires Liberty Specialty’s Ferrari as Head of Transactional Liability in Australasia Berkshire Hathaway Specialty Insurance …