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Posts by Hometown Insurance

People Moves: ALDOI Names Tompkins Consumer Services Manager

By Hometown Insurance | April 7, 2026
The Alabama Department of Insurance named Stephanie Tompkins manager of the department’s Consumer Services Division, succeeding Dusty Smith, who was promoted to be deputy commissioner for insurance regulation. Tompkins has 25 years of experience in the insurance business and regulation, …
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GAO: Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire

By Hometown Insurance | April 7, 2026
A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about …
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Insurer Nationwide Operating Income Up 37% in 2025

By Hometown Insurance | April 7, 2026
Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual insurance company—entering its 100th year of operation …
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Texas Department of Insurance Helps Stop $400M Medicare Fraud Scheme

By Hometown Insurance | April 7, 2026
A Texas Department of Insurance investigator and crime analyst helped identify a Russian national who reportedly filed $400 million in fake Medicare claims. Nikolai Buzolin was living in Houston in 2025 when he created a durable medical equipment company and …
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Deere Settles Right-to-Repair Lawsuit With $99 Million Fund, Repair Commitments

By Hometown Insurance | April 7, 2026
U.S. agriculture equipment maker Deere on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to repairs. The case is part of broader scrutiny …
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Airline Pilots Must Be Given Final Say on Flying in War Zones, Aviators’ Group Says

By Hometown Insurance | April 7, 2026
Pilots must be given a “final and non-negotiable” say allowing them to refuse to fly over or within conflict zones without influence from commercial pressures, global union group International Federation of Air Line Pilots’ Associations (IFALPA) said. The position paper …
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King Risk Partners Acquires Its Sixth Connecticut Agency

By Hometown Insurance | April 7, 2026
King Risk Partners has acquired New England Property & Casualty, Inc., an independent insurance agency headquartered in Wallingford, Connecticut. New England Property & Casualty has served individuals and families throughout Connecticut for nearly 40 years, offering auto, home, property, and …
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China Targets Taiwan’s Chip Tech to Evade Global ‘Containment’: Taipei Government

By Hometown Insurance | April 7, 2026
China is targeting Taiwan to obtain its advanced chip manufacturing technology and talent as a way of breaking through international “containment” of the country, according to a report from the island’s top security agency. China’s scramble for chip talent and …
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Here’s a List of Gulf Energy Infrastructure Damaged in Iran War

By Hometown Insurance | April 7, 2026
Dozens of refineries, oil fields, gas plants, ports and other energy infrastructure have been damaged by missile and drone strikes, five weeks into the Iran war. US President Donald Trump threatened to bring “Hell” to Iran with strikes on power …
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IEA Chief: Current Oil and Gas Crisis Worse Than 1973, 1979, 2002 Together

By Hometown Insurance | April 7, 2026
The current oil and gas crisis triggered by the blockade of the Strait of Hormuz is “more serious than the ones in 1973, 1979 and 2002 together,” Fatih Birol, the head of the International Energy Agency (IEA), told Le Figaro …
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Recent Posts

  • More Bomb Threats Divert Flights, Cause Disruption in Europe
  • Stray Drones Spawn a Growing Area of the Insurance Market
  • AIG Steps Back from NPW Growth Target on Pressure in Some Lines
  • Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation
  • Lockheed to Pay $30M to Settle Trump Administration Claims Over DEI Practices

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