Posts by Hometown Insurance

Texas is poised to make the largest investment in its water supply in the state’s 180-year history after voters on Tuesday approved Proposition 4, which authorizes $20 billion to be spent on water projects over the next two decades. The …

Insurance technology firm Exzeo Group, part of Tampa-based HCI Group, raised $168 million in its U.S. initial public offering on Tuesday, pricing its shares within its marketed range and becoming the latest insurance company to proceed with its listing plans. …

AXA announced that Claude Bébéar, its founder and honorary chairman, has passed away at the age of 90. In less than one generation, Claude Bébéar transformed “a small mutual insurance company in Normandy into a global insurance giant,” said Antoine …

Stanley Chesley, a class-action lawsuit pioneer who took on cigarette companies and the makers of faulty breast implants until his legal career ended amid accusations of unethical conduct, has died at age 89. Chesley died Sunday at a long-term care …

A Colorado judge rejected the plea agreement of a funeral home owner accused of stashing nearly 190 decaying bodies in a bug-infested building after family members of the deceased argued that the agreement’s 15- to 20-year sentence was too lenient. …

A United Parcel Service Inc. freighter jet crashed and exploded shortly after takeoff on Tuesday from Louisville, Kentucky, killing three crew members and at least four people on the ground. Video circulating on social media showed the Honolulu-bound McDonnell Douglas …

A man officials say headed a Pennsylvania-based vehicle title-washing criminal enterprise has been arrested in Mexico — after three months as a fugitive, according to Attorney General Dave Sunday. The attorney general filed charges in August against Anthony E. Troncoso …

Insurtech Hippo posted third quarter 2025 net income of $98 million compared with a net loss of $9 million a year ago during the same period. San Jose, California-based Hippo’s Q3 combined ratio improved to 100—a 28-point improvement from Q3 …

Forrester Research predicts written cyber insurance premiums will rise 15% in 2026 as new artificial intelligence threats and data demands emerge. In a new report, analysts at the global market research company anticipate the widespread adoption of AI to reverse …

Amazon sued Perplexity AI on Tuesday over the startup’s “agentic” shopping feature, which uses automation to place orders for users, saying it covertly accessed Amazon customer accounts and disguised automated activity as human browsing. The clash highlights an emerging debate …