Posts by Hometown Insurance
Instacart to Pay $60 Million in FTC Consumer Protection Case
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
Read More Check it Twice: Holiday Cargo Theft Events Up 82% Since 2020
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations …
Read More Markets/Coverages: Risksmith Launches New DIC Earthquake Program
Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program offers flexibility, deep technical expertise and underwriting …
Read More Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court records out …
Read More People Moves: CRC Adds New Brokers in Nashville, Birmingham
CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market clients, the company said in …
Read More People Moves: XPT Specialty Hires Corrado; NFP Appoints Favale; Jencap Adds Edge
XPT Specialty Hires Corrado as Personal Lines Insurance Broker XPT Specialty, headquartered in New Haven, Connecticut, hired Joseph Corrado as a personal lines insurance broker. Corrado has experience in portfolio oversight, agency partnerships and the Northeastern U.S. insurance landscape. Corrado …
Read More Louisiana Man Sentenced for Multi-State Vehicle Theft Scheme
A Louisiana man was sentenced this month to 115 months in federal prison for his involvement in an alleged multi-state vehicle theft. U.S. District Judge Brian A. Jackson sentenced Christopher Don Byerley, age 45, of Broussard, Louisiana following his convictions …
Read More Texas Lawmakers Fight Against Federal Interference in State AI Regulations
An executive order by President Donald Trump may bring Texas into conflict with the federal government over a new state law regulating the use of artificial intelligence. Trump signed an executive order last week that threatens to cut off federal …
Read More Stonetrust Workers’ Comp Expands Into North Carolina
Stonetrust Commercial Insurance, a workers’ compensation carrier based in Louisiana, has expanded into North Carolina, bringing to 13 the number of states in the Southeast and Midwest the company writes in. Stonetrust said in a statement that it is now …
Read More CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases
The 79-year-old former CEO of a health care software firm was sentenced to 15 years in prison after he was convicted of more than $1 billion in fraud tied to falsely billing Medicare for durable medical equipment and other items. …
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