Posts by Hometown Insurance
Kentucky DOI Posts Local Premium Tax Schedule for 2026-2027
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 …
Read More States Across Wildfire-Prone West Are Using AI for Early Detection
On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of …
Read More Man Sentenced for Commercial Learner’s Permit Cheating Scam Using Bluetooth
A Boston man was sentenced in federal court for surreptitiously providing answers to exam questions for a person seeking a commercial learner’s permit (CLP). In Massachusetts, a permit is required before obtaining a commercial driver’s license. Frank Castro was indicted …
Read More AIG Set to Exit Corebridge Financial With $710M Stake Sale
Insurance giant American International Group said on Tuesday it had agreed to sell its remaining stake in life insurance and retirement firm Corebridge Financial, marking the culmination of a five-year separation. Here are some details: AIG has agreed to sell …
Read More People Moves: NCDOI Names Price Deputy Commissioner Over Company Services
North Carolina’s insurance commissioner has named a financial analysis veteran to the role of senior deputy commissioner, overseeing the Company Services Group at the Department of Insurance. Jessica Price has led financial analysis at NCDOI for 15 years, and before …
Read More People Moves: Brotherhood Mutual Announces Leadership Promotions & Transition; Assurex Global’s Johnson Named SVP, Global Growth Strategy
Brotherhood Mutual Announces Leadership Promotions & Transition Brotherhood Mutual Insurance Company, headquartered in Fort Wayne, Indiana, made several changes to its executive team. Scott Figgins assumes a new role as senior vice president – integration officer. He previously served as …
Read More Allianz Commercial Transitions its Standalone Cyber Business to MGA Coalition
Allianz Commercial announced an agreement which transitions its standalone commercial cyber insurance business to Coalition, the managing general agent and specialist cyber insurer. The agreement establishes Coalition as Allianz’s exclusive global partner for cyber insurance across all commercial segments, combining …
Read More Texas Mutual Board Approves $300M Dividend Distribution
Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced that its board of directors has approved a $300 million general dividend distribution for 2026. This marks the 28th consecutive year Texas Mutual has paid a general …
Read More Spirit Airlines Shuts Down After 34 Years, Blames Higher Oil Prices
Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced this week that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily …
Read More Fire Destroys Lab Building on University of South Florida Campus
Firefighters worked through the night to extinguish a blaze at a laboratory on the University of South Florida campus in St. Petersburg and officials said Sunday that the building could be a total loss. The fire Saturday night prompted evacuations …
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