Posts by Hometown Insurance
Agents Struggle to Find Capacity, Meet Customer Timing Expectations: Survey
A new property/casualty insurance industry survey report reveals some of the key challenges that independent agents are facing, including providing quotes within customers’ expected time frames—or finding insurance capacity at all in some areas. Almost nine-out-of-10 agents surveyed by First …
Read More Viewpoint: Can Parametric Insurance Bridge the FEMA Gap?
The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. Simultaneously, pending congressional legislation stands to transform the Federal Emergency Management Agency’s (FEMA) Public Assistance (PA) program. …
Read More Miss. Supreme Court Won’t Budge on $15M Bad-Faith Decision Against USAA
The Mississippi Supreme Court this month declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The court …
Read More South Dakota Farmers Use Farm Tunnels for Longer Growing Season
When snow covers the frozen ground, and most South Dakota farmers have sold or stored their products for the season, the operators of Cedar Creek Gardens are still able to grow vegetables and harvest a lucrative crop. Located in a …
Read More Wisconsin Contractor Fined for Acting as a Public Adjuster
Wisconsin Insurance Commissioner Nathan Houdek issued a final decision to impose civil forfeitures of $6,000 after finding that a contractor was acting as a public adjuster under Wisconsin law, which subjected him to the standards of Wis. Stat. ch. 629, …
Read More Camp Owners in Texas Fear Closure Due to New Safety Regulations
Texas camp owners on Friday urged the state health agency to give them more time and flexibility on costly new safety requirements, saying they could be forced to close by next summer. “We support the goal of making camps safer,” …
Read More Texas Water Crisis Threatens Booming Industrial Hotspot for Exxon, Koch
Water shortages in South Texas are posing major risks to a fast-growing industrial hub that’s crucial to President Donald Trump’s twin goals of dominating global energy markets and slashing trade deficits. Corpus Christi, a Gulf Coast city 400 miles (640 …
Read More Look Out, Uber. The Future Looks a Lot More Like Waymo.
There’s something fundamentally American about the freedom to get in your car and drive. Driving is self-determination. The liberty to set your own course. The power to move under your own willpower, whether for duty or sheer pleasure. Despite some …
Read More King Risk Partners Acquires Virginia’s Jenkins Insurance
Florida-based insurance broker King Risk Partners announced it has acquired Jenkins Insurance, an independent insurance agency based in Harrisonburg, Virginia. Jenkins Insurance has been serving Harrisonburg, Rockingham, and the surrounding regions of Virginia for more than 40 years. The agency …
Read More Miami Construction Owner, an Illegal Immigrant, Charged With Workers’ Comp Fraud
A construction firm owner in Miami greatly underreported his company’s payroll, defrauding a workers’ compensation insurer of more than $380,000 in premiums, Florida authorities said Monday. Jose Arias-Reyes, president of AR Carpentry Services, is an illegal alien who has twice …
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