Posts by Hometown Insurance
Florida People Moves: DeSantis Reappoints Knight to Citizens Board
Florida Gov. Ron DeSantis has reappointed venture capitalist Erin Knight to the Citizens Property Insurance Corp. board of governors, the governor’s office announced. Knight, of Coral Gables, was appointed a year ago and is one of three people DeSantis has …
Read More Blue Cross Sues Mississippi Med Center Officials for Defamation
Blue Cross & Blue Shield of Mississippi on Thursday said it was suing three employees of the University of Mississippi Medical Center for allegedly spreading false information. The lawsuit is the latest development in a dispute between the state’s largest …
Read More Another View on Florida Ratings Flap; and Petrelli Calls Citizens Re Idea ‘Creative’
The recent brouhaha regarding Demotech and its Financial Stability Ratings (FSRs) of as many as 20 Florida insurers has now come full circle…almost. One important question remains unanswered. Before answering the question, and for those who’ve just joined the discussion, …
Read More Tank Explosion Severely Burns Six Workers in Mississippi
Six workers suffered severe burns following a Friday morning explosion at a oil drilling storage tank in central Mississippi. The workers sustained burns on at least 50% of their bodies, with one being burned from head to toe, said Minor …
Read More Takeaways from Our Conversation About Why Most Small-to Mid-Size Cannabis Operators Shun D&O
Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For more on that check out: “You’ve Heard it Before, so Here it …
Read More Judge Finds Washington Commissioner Exceeded Authority on Credit Score Ban
Thurston County Superior Court Judge Indu Thomas found that while Washington Insurance Commissioner Mike Kreidler’s rule temporarily banning credit scoring followed the Administrative Procedures Act, but he exceeded his statutory authority. In her ruling, Thomas said the record supplied by …
Read More New Sustainability Rules Attacked for Protecting Profits Over Planet
The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests ahead of the planet’s. In coming months, the International Sustainability Standards Board will publish rules for companies to disclose the …
Read More Twitter’s Battle With Elon Musk Over $44 Billion Deal Heads to Oct. 17 Trial
Twitter’s bid to hold Elon Musk to his $44 billion deal for the social media platform will head to a five-day trial beginning Oct. 17, and Musk must reveal by the end of Friday any legal claims he has against …
Read More Texas Claims Adjuster Ordered to Cease Business in Louisiana for Allegedly Withholding Payments
Investigators from the Office of Insurance Fraud and Enforcement at the Louisiana Department of Insurance on July 22 issued non-resident public adjuster Kade Austen Mitchell and his agency a cease-and-desist order and notice of suspension for improperly withholding, misappropriating, or …
Read More People Moves: Hilb Namef CEO at Choice Financial; Crum & Forster Appoints Kovalsky to Credit Team; Cross Insurance Welcomes Randlett as Counsel
Hilb Group Founder Takes Helm at Choice Financial Virginia insurance agency Choice Financial Group has appointed insurance veteran Robert J. Hilb as chief executive officer following the retirement of J. Richard Braun, founder and president of Choice. Prior to his …
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