Posts by Hometown Insurance

AM Besthas revised the outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Michigan Millers Mutual Insurance Company (Michigan Millers) based in Lansing, Michigan. Concurrently, AM …

Texas officials have asked a state court judge to temporarily block Kenvue Inc. from marketing Tylenol as safe for pregnant women, and from issuing a dividend, escalating the company’s legal woes just days after announcing a major merger with Kimberly-Clark …

A few of the victims of the Los Angeles wildfires in January are asking California Gov. Gavin Newsom to call for the resignation of California Insurance Commissioner Ricardo Lara over reforms Lara pushed that were designed to help ease the …

The left engine came off a doomed United Parcel Service Inc. freighter moments before it crashed in a fireball near the company’s global hub in Kentucky, killing at least 12 people. Louisville Mayor Craig Greenberg said in a post on …

This edition of International People Moves details appointments at the MGA Pen Underwriting and the insurer BHSI. A summary of these new hires follows here. Pen Underwriting Names Doyle as CEO of Ireland Pen Underwriting, the London-based managing general agent, …

Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago. Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to shareholders that …

The American neighborhoods with the highest risk of floods are again losing residents. For the first time since 2019, high-risk counties lost domestic residents, with 30,000 more people relocating to other places in the country than moved in, according to …

JPMorgan Chase & Co. was sued in London by an analyst who alleged she was paid less than a male colleague doing the same job and faced retaliation when she raised the issue with managers. Saidya Najeeb, who joined JPMorgan …

Coalition announced it has acquired Wirespeed, a cybersecurity platform built to triage threat detections in milliseconds. The acquisition will combine Wirespeed’s managed detection and response (MDR) with Coalition’s suite of cyber risk management tools and coverage to provide protection against …

Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Prateek Sangal as its chief operating officer, effective October 20. In this role, Sangal will oversee all insurance operations, including policyholder services, underwriting and premium audit. …