Posts by Hometown Insurance
Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions
Arthur J. Gallagher & Co. announced the acquisition of Ohio-based Cincinnati Benefit Solutions. Terms of the transaction were not disclosed. Cincinnati Benefit Solutions provides employee benefits services for small businesses in Cincinnati and nearby areas. Drew Locaputo and the Cincinnati …
Read More DOJ Closes Criminal Probe Into Abbott Over Baby Formula Plant, WSJ Reports
The U.S. Justice Department closed a criminal probe into Abbott Laboratories over its handling of a baby formula plant linked to potentially deadly bacteria and infant deaths, opting instead for civil penalties, the Wall Street Journal reported on Sunday. Reuters …
Read More Proxy Advisers Notch Third Legal Win Staving Off Republican ‘Anti-ESG’ Rules
A federal judge late on June 26 granted a preliminary injunction blocking an Indiana law requiring new disclosures from proxy advisers, marking a third legal victory for Institutional Shareholder Services and Glass Lewis against restrictions backed by Republican lawmakers. The …
Read More AssuranceAmerica Suffers Third-Party Data Breach, Customer Data Exposed
About three months after it detected suspicious activity within its network systems, AssuranceAmerica has started alerting consumers. The Atlanta-based managing general agency with about 9,500 agents selling personal auto, renters, and commercial auto policies in 14 states, said on March …
Read More Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling
Editor’s note: As some national news reports continue to claim that Florida’s property insurance crisis has endured and premiums keep rising, one Florida insurance executive offered a view from inside the industry, shaped by more than three decades in the …
Read More Florida Governor Vetoes E-Bike Safety Bill, Citing Concerns About Bigger Government
Despite growing concerns about e-bikes on city streets—and the recent, high-profile death of a teenager—Florida’s governor has vetoed a bill that would have put new requirements on the popular vehicles. DeSantis said in a letter that Senate Bill 382, approved …
Read More Texas Supreme Court Rejects Lawsuit by Survivors of Uvalde School Shooting
The Texas Supreme Court on Friday rejected an appeal by Robb Elementary students and teachers who argued failures by the Department of Public Safety and Uvalde County contributed to a botched response to the 2022 shooting that killed 19 students …
Read More ANV Agrees to Acquire Specialist MGA Assured Underwriting Group
ANV Group Holdings Ltd., a global insurance intermediary platform, announced it has entered into a definitive agreement to acquire Assured Underwriting Group Ltd. (AUG), a specialist MGA providing insurance-backed financial protection products to tour operators and the travel sector across …
Read More Texas Industrial Facility Faces $3.5M in Fines for Safety Violations
The U.S. Department of Labor has proposed more than $3.5 million in fines against three companies after federal inspectors determined they failed to protect workers during post-emergency response cleanup after a chemical spill at the BWC Terminals industrial facility east …
Read More Michigan Communities Fight to Address Lead in Drinking Water
Twenty-five Metro Detroit communities exceeded Michigan’s lead action level for drinking water since 2018, according to state compliance data analyzed by a drinking water engineer and reviewed by Planet Detroit. The communities all receive water treated by the Great Lakes …
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