Posts by Hometown Insurance
P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations
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 …
Read More Federal Judge Denies TRO to Marsh in Case Against Former Employees
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 …
Read More Europe to Launch Service to Measure Role of Climate Change in Extreme Weather
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 …
Read More SEC’s Epic Post-Shutdown Filing Backlog Risks Stalling US IPOs
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 …
Read More Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP
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 …
Read More People Moves: Skyward Specialty Promotes Burkhart to President, U.S. Property & Casualty
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 …
Read More People Moves: Encova Insurance Adds Palumbo to Board of Directors
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 …
Read More State Farm Files for 6.2% Auto Rate Reduction in California
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 …
Read More Another Fire Ignites at Ford Aluminum Supplier Novelis in New York
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 …
Read More Florida Congresswoman Indicted on Charges of Misusing $5M in FEMA Funds
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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