Posts by Hometown Insurance
Kansas Commissioner Supports Bill to Create Insurance Savings Account
Kansas Insurance Commissioner Vicki Schmidt this week testified in favor of a bill that would create an Insurance Savings Account (ISA). The Kansas Department of Insurance introduced the bill to give Kansans a state tax free way to save for …
Read More People Moves: Texas Mutual Names Cullison as SVP of Talent and Brand Strategy; Brown & Riding Adds Herbert to National Casualty Practice
Texas Mutual Names Cullison as SVP of Talent and Brand Strategy Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Brittany Cullison as its senior vice president of talent and brand strategy, effective January 12. …
Read More Australian Broker AUB Agrees to Buy Majority Stake in UK’s Prestige
AUB Group Ltd., the Sydney, Australia-based brokerage and underwriting agency group, announced it has entered into an agreement to acquire 95.9% of Prestige Insurance Holdings Ltd. for $432 million (US$300.1 million). Founded in 1973, Prestige is a diversified insurance broking …
Read More Google to Pay $135 Million to Settle Android Data Transfer Lawsuit
Google will pay $135 million to settle a proposed class action by smartphone users who accused Google of programming its Android operating system to collect their cellular data without permission. A preliminary settlement with the Alphabet unit was filed late …
Read More People Moves: MEMIC Hires Coy as CIO
The MEMIC Group, headquartered in Portland, Maine, hired Matt Coy as chief information officer (CIO), succeeding Jack Yao, who retired at the end of 2025 after more than nine years of service. Coy leads MEMIC’s technology strategy, rejoining MEMIC after …
Read More Judge Allows Dali Manager’s Bid to Limit Liability for Baltimore Bridge Collapse
A federal judge has allowed the manager of the cargo ship Dali involved in the tragic collapse of Baltimore’s Francis Scott Key Bridge in March 2024 to proceed for now with its claims under an 1851 maritime law that limits …
Read More Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July
Fourth quarter 2025 net income at Progressive Corp. increased 25% compared to the same period a year ago to nearly $3 billion. Progressive reports results monthly. Net income for December was up 22% to about $1.15 billion. Full-year net income …
Read More California Seafood Distributor Paying $248K for Prop 65 Violations
A California seafood is paying $248,000 to resolve allegations it sold frozen seafood products with elevated levels of lead and cadmium without the required warnings. California Attorney General Rob Bonta’s office settled with Pacific American Fish Company Inc., a seafood …
Read More Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
The Howden-driven talent war has cost Brown & Brown $23 million in revenue, according to J. Powell Brown, the broker’s president and chief executive officer. “As of today, approximately 275 of our former teammates have joined this start-up, taking with …
Read More Mississippi, Deep South Shiver Under Ice as Long Recovery Looms
Residents in a iced-over swath of Mississippi began to confront the ugly truth Monday as they shivered in ever-colder and darkened houses: Recovery from the state’s worst ice storm in more than 30 years could take a week or more. …
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