Posts by Hometown Insurance

Lawley, a family owned insurance brokerage and benefits firm, has expanded into Florida through a merger with Tampa-based Professional Insurance Services. It’s the first Florida location for the Buffalo, New York-based Lawley, but its 18th in the United States. Lawley …

South Carolina’s insurance director has given final approval to a rate cut on credit property insurance, the coverage that lenders take out on personal property used as collateral. The 2026 rate for household goods – single interest coverage – will …

Neptune Insurance Holdings Inc. shares jumped 24% after the flood insurance company’s shareholders raised $368.4 million in a US initial public offering. Shares of the St. Petersburg, Florida-based firm closed at $24.80 each on Wednesday, versus an IPO price of …

The Environmental Protection Agency has proposed loosening a rule phasing down the use of hydrofluorocarbons, or HFCs, highly potent greenhouse gases used in refrigerators and air conditioners. The Tuesday proposal comes in response to concerns “about the lack of availability …

Tyson Foods agreed to pay $85 million to settle a lawsuit by consumers who accused the largest U.S. meat company of conspiring with rivals to inflate pork prices by limiting supply in the $20 billion U.S. market. The preliminary class …

The MEMIC Group, headquartered in Portland, Maine, hired Eric Stager to serve as a safety management consultant on its loss control team. He will work with policyholders throughout the Northeast. Stager served as chief master sergeant and senior enlisted leader …

Allstate Corp. did some shuffling of it’s senior leadership team Oct. 1. Effective immediate, Mario Rizzo is chief operating officer. He will be responsible for the Northbrook, Illinois-based insurer’s Property-Liability and Protection Services businesses. Rizzo, who has been with Allstate …

Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, has agreed to acquire Minglewood Risk, an MGA specializing in habitational and real estate coverages. Founded in Langhorne, Pennsylvania, with core markets in …

Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service. This has been designed …

The first named storm of the season is forecast to hit the UK and Ireland with heavy rain and gale-force winds on Friday and Saturday, disrupting transport in northern regions. Amber and yellow alerts have been issued for a large …