Posts by Hometown Insurance
California Teens See Cannabis as Safer Than Alcohol, Vapes and Cigarettes
Newswise — Adolescents in California consistently perceive cannabis as less harmful than other commonly used substances, according to a new study analyzing data from two large statewide school surveys. Shu-Hong Zhu, PhD, professor at the UC San Diego Herbert Wertheim …
Read More New York State Reaches Budget Deal With Several Auto Insurance Reforms
New York State has a 2026-2027 budget agreement. The budget totals about $268 million and includes some but not all of Gov. Kathy Hochul’s proposals for auto insurance reform to lower premiums along with some lawmakers’ proposals for consumer protections. …
Read More ALPS to Acquire Ohio Bar Liability Insurance Company
The Ohio State Bar Association (Ohio Bar) and ALPS Insurance (ALPS) today announced that they have entered into a definitive agreement under which ALPS will acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance …
Read More Markets/Coverages: MS Amlin Launches Consortium to Boost Property Treaty Capacity
MS Amlin, the Lloyd’s re/insurer, has launched a consortium to boost property treaty capacity for all property per-risk lines. This additional capacity is expected to be particularly relevant for global data centers, where demand for higher limits continues to grow, …
Read More Illinois Manufacturing Company to Pay $625K Settlement Over No-Poach Agreements
Illinois Attorney General Kwame Raoul announced a settlement with Vee Pak LLC, doing business as Voyant Beauty (Vee Pak) that resolves allegations the manufacturing company entered into no-poach agreements with several temporary staffing agencies. The settlement requires Vee Pak to …
Read More Texas Sees Surge in Gas Projects as Data Centers Drive Shift in Power Generation
A decade ago, wind power was surging in popularity and attracting huge investments that made Texas a national leader in renewable energy. But today, gas generation is making a big comeback, driven by a wave of data centers flooding into …
Read More HCI Group Reports $85M in Profit for Q1, with Premium Growth for Most Subsidiaries
Tampa-based HCI Group, now in its 20th year and its 18th year as a publicly traded company, reported a healthy profit for the first quarter of 2026 and significant growth in premium across most of its property-casualty insurance firms. “HCI …
Read More A Quieter Hurricane Season This Year Could Still Pummel the US Power Grid
Meteorologists are forecasting about 13 named Atlantic storms this season, or a little less activity than average. That sounds like good news for the US power grid and everyone who relies on it. But a look back at recent years …
Read More Reporting Shows Georgia Officials Knew Carpet Mills Polluted Local Water
Starting in the 1970s, the textile mills of northwest Georgia relied on chemicals known as PFAS to add stain resistance to the carpets they manufactured. Some of the chemicals that didn’t stick were flushed with the multibillion-dollar industry’s wastewater into …
Read More Long-Time Insurance Regulator and Leader Eric Cioppa Passes Away in Maine
Eric Cioppa, a respected former national and Maine insurance regulatory leader, passed away from Multiple System Atrophy on May 1 at his home in China, Maine. Cioppa’s career included 33 years at the Maine Bureau of Insurance. He began in …
Read More