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Posts by Hometown Insurance

Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M

By Hometown Insurance | May 7, 2026
Root Inc. reported a first quarter 2026 net income of $35.9 million—the best quarterly result in the company’s history—compared with net income of $18.4 million for the same period in 2025. In a letter to shareholders, Root Inc, the parent …
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Sandy Hook School Safety Program Draws 400K Anonymous Tips, Teaches Red Flags

By Hometown Insurance | May 7, 2026
Less than two years after her 6-year-old son was killed at Sandy Hook Elementary School in 2012, Nicole Hockley was in an Ohio church basement teaching the first class of a program she hoped would help prevent future school shootings. …
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Thieves Are Stealing Chile’s Solar Panels and Cashing In on the Black Market

By Hometown Insurance | May 7, 2026
Just before midnight, two men in white coveralls and black gloves scale an electric fence at a solar farm in Chile’s Atacama Desert, then slip soundlessly into rows of sleek panels. Others use a poultry shear and electric angle grinder …
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Iran Sets Out Process for Hormuz Transit But Shipowners Are Wary

By Hometown Insurance | May 7, 2026
Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details about the conditions that may be imposed. Iran’s Islamic Revolutionary …
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One CMA CGM Vessel Attacked While Transiting Strait of Hormuz, Another Exits Gulf

By Hometown Insurance | May 7, 2026
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited the Gulf, as the U.S.-Iran conflict continued to disrupt shipping traffic. …
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EU Countries, Lawmakers Clinch Provisional Deal on Watered-Down AI Rules

By Hometown Insurance | May 7, 2026
EU countries and European Parliament lawmakers on Thursday agreed to watered-down landmark artificial intelligence rules, including delaying their implementation, in a move which critics say shows Europe caving to Big Tech. The tentative agreement, which needs to be formally endorsed …
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People Moves: Ryan Specialty Underwriting Managers Names Anthony President of US Assure; CRC Group Adds to Specialty Team

By Hometown Insurance | May 7, 2026
Ryan Specialty Underwriting Managers Appoints Anthony President of US Assure Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, appointed Amber Anthony as president of US Assure. Anthony will continue to oversee marketing, sales and distribution in …
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Lawyers, Traders Among 30 Charged in Global Insider Trading Case

By Hometown Insurance | May 7, 2026
Federal prosecutors on Wednesday announced that 30 people, including corporate lawyers and financial professionals, have been indicted in connection with an insider trading scheme that relied on information about mergers stolen from major law firms. Nineteen people were arrested, including …
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Ultimate Guide to Travel Insurance for Complex Times

By Hometown Insurance | May 7, 2026
John Popovics thought he’d done everything right. Earlier this year the University of Illinois at Urbana-Champaign civil engineering professor was planning a trip to Riyadh, Saudi Arabia, to take part in a National Science Foundation workshop. Because the costs were …
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Kentucky DOI Posts Local Premium Tax Schedule for 2026-2027

By Hometown Insurance | May 7, 2026
The Kentucky Department of Insurance recently posted the local government premium tax schedule for 2026-2027, showing tax rates and fees for more than 400 cities, towns and counties. The tax rate varies considerably from one local jurisdiction to another, the …
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Recent Posts

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  • US Looks to Unblock Hormuz With Quiet Version of Project Freedom
  • Natural-Disaster Insurance Gap Now Exceeds $420 Billion Globally
  • SEC, Musk Defend Settlement After Judge Cites ‘Red Flags’

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