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Posts by Hometown Insurance

P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations

By Hometown Insurance | November 21, 2025
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …
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Federal Judge Denies TRO to Marsh in Case Against Former Employees

By Hometown Insurance | November 21, 2025
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed a lawsuit against the group of former …
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Europe to Launch Service to Measure Role of Climate Change in Extreme Weather

By Hometown Insurance | November 21, 2025
The EU is launching a service to measure the role climate change is playing in extreme weather events like heatwaves and extreme rain, and experts say this could help governments set climate policy, improve financial risk assessments and provide evidence …
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SEC’s Epic Post-Shutdown Filing Backlog Risks Stalling US IPOs

By Hometown Insurance | November 21, 2025
Rank-and-file US Securities and Exchange Commission workers have returned to face the paperwork that piled up during the longest government shutdown in US history, and supervisors say the order of the day is “triage.” Deal first with the tasks still …
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Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP

By Hometown Insurance | November 21, 2025
For years, I’ve warned that Florida’s legal climate was out of control — driven not by consumers or local businesses, but by a handful of billboard trial lawyers who made fortunes exploiting loopholes in our laws. Their tactics fueled one …
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People Moves: Skyward Specialty Promotes Burkhart to President, U.S. Property & Casualty

By Hometown Insurance | November 20, 2025
Skyward Specialty Insurance Group Inc., headquartered in Houston, Texas, promoted John Burkhart to president, U.S. property & casualty, Skyward Specialty Insurance. In this expanded role, Burkhart will assume oversight of the Company’s captives & specialty programs divisions in addition to …
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People Moves: Encova Insurance Adds Palumbo to Board of Directors

By Hometown Insurance | November 20, 2025
Encova Insurance, headquartered in Columbus, Ohio, named Corey Palumbo to their board of directors. Palumbo is an attorney with Bowles Rice in Charleston, West Virginia, where his primary practice areas include energy litigation, deliberate intent and general civil litigation. Palumbo …
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State Farm Files for 6.2% Auto Rate Reduction in California

By Hometown Insurance | November 20, 2025
State Farm Mutual Automobile Insurance Co. submitted a rate filing to reduce personal auto insurance rates by 6.2%. The filing has a targeted effective date of Feb. 23, 2026, and is pending approval from the California Department of Insurance. State …
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Another Fire Ignites at Ford Aluminum Supplier Novelis in New York

By Hometown Insurance | November 20, 2025
Another fire ignited on Thursday at Novelis’ aluminum plant in Oswego, New York, that supplies Ford’s lucrative F-150 truck line, about two months after a blaze halted much of the facility’s production. Ford in October cut its profit forecast, citing …
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Florida Congresswoman Indicted on Charges of Misusing $5M in FEMA Funds

By Hometown Insurance | November 20, 2025
A federal grand jury in Miami has indicted U.S. Rep. Sheila Cherfilus-McCormick and others, charging that they used federal disaster relief funds for her 2021 Congressional campaign. Federal prosecutors said Cherfilus-McCormick, 46, and her brother, Edwin Cherfilus, 51, of Miramar, …
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