Posts by Hometown Insurance

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb+” (Good) of Texas-domiciled Cadence Indemnity Inc, a single parent captive of The Sullivan Brothers Family …

The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the United States and Europe, according to credit ratings agency Morningstar DBRS, in a commentary on the war, While the insurance …

Global law firm Clyde & Co has announced the opening of a new office in Highland, Indiana, expanding its US footprint and further strengthening its North American trial and defense practice. The new office will be led by Renee Mortimer, …

ALM Freight, LLC, an Amazon delivery service company, agreed to pay $47,000 and LMDmax Corp., ALM’s employment agency, agreed to pay $60,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency …

Florida authorities have charged a contractor with underreporting payroll and avoiding more than $1 million in workers’ compensation insurance premiums. Jacques G. Denomme, of Port St. Lucie, was arrested in Martin County and released on bond earlier this month, after …

Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certainty, and superior policy …

Legislation that would have waived building permits for jobs valued at up to $7,500 failed to pass the Florida House this year, but the key clause found its way into another bill that is now awaiting the governor’s signature. “A …

US President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proudly telling you that …

US home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this …

A Georgia prosecutor has decided to drop charges against a teenager who police say was driving the truck that struck and killed a beloved high school teacher when a prank turned deadly, the teen’s lawyer said. The victim’s family had …