Posts by Hometown Insurance
Texas Voters Rank Rising Homeowners’ Insurance Costs as Top Concern
The rising cost of homeowners’ insurance has emerged as of the top key issues in the minds of Texas voters, according to a recent survey conducted by Texas 2036. When asked about the next election, Texas voters ranked homeowners’ insurance …
Read More Michigan Insurance Agent Charged with Embezzling Funds from Municipalities
A Michigan insurance agent was arraigned on Oct. 31 in Oakland County District Court for allegedly forging letters from his insurance clients to embezzle funds, announced Michigan Attorney General Dana Nessel. Robert Joseph Bucko, 70, of Novi, allegedly collected full …
Read More Alliant Acquires Texas’ Highpoint
Alliant Insurance Services has expanded its footprint in Texas with the strategic acquisition of Highpoint Insurance Group, a multi-line broker located in Friendswood. Highpoint Insurance Group, with 44 employees, will operate as Alliant following the acquisition. The firm serves the …
Read More Mobile Lounge Crash Into Dock at Dulles Airport Injures 18 People
A vehicle transporting passengers at a Washington, D.C.-area airport hit a dock at the building Monday afternoon, sending 18 people to the hospital, according to officials. A mobile lounge, which transports passengers between the terminal and aircraft, struck the dock …
Read More New York City Firefighter Dies After Responding to a Five-Alarm Blaze
New York City firefighter died Saturday after suffering a medical episode while battling a five-alarm fire at a Brooklyn apartment building, authorities said. Patrick D. Brady, 42, went into cardiac arrest while working on the roof of the six-story building …
Read More United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’
United Airlines has asked a federal judge to dismiss a lawsuit claiming it unfairly charged passengers extra money to sit in “window seats” that, to their surprise, lacked windows. Passengers filed proposed class actions in August against United and Delta …
Read More Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares
Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire …
Read More People Moves: IUA Names Convex’s Butt as Chair as McDonald’s 2-Year Term Ends
International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Claire McDonald, chief executive officer …
Read More New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust prices based on …
Read More Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says
Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience, according to CDP, an environmental disclosure nonprofit. Businesses in the nation face disruption risks from issues including earthquakes and flooding, while spells of …
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