Posts by Hometown Insurance
Hackers Accessed 850,000 Orange Belgium Customer Accounts
Orange SA’s Belgian business said that hackers gained access to data from 850,000 customer accounts, in the third major cyberattack targeting the French telecommunications firm this year. The company detected that one of its IT systems had been compromised at …
Read More India’s Nayara Turns to Dark-Fleet Tankers and Russian Oil for Survival
One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running. The oil …
Read More Greenwashing Complaint Filed Against Canadian Fossil Fuel Companies
Canadian energy giants Cenovus Energy Inc. and Enbridge Inc. are facing a greenwashing complaint by an investor group that accuses the companies of misleading disclosures over emissions targets. Investors for Paris Compliance (I4PC) accused the oil sands producer and the …
Read More Litigation Funder’s Plan to Invest in Law Firms Called ‘Bad Policy,’ With Big Impacts
With more states adding or considering restrictions on third-party funding of lawsuits, one of the largest litigation finance firms is now planning to invest directly in some law firms. “We are pursuing strategic minority investments in firms where we can …
Read More How to Keep Small Business Insurance Customers From Jumping Ship
Are property/casualty insurers facing a potential retention problem with small business customers? According to the J.D. Power 2025 U.S. Small Commercial Insurance Study, just 55% of customers say they “definitely will” renew with their current insurer, down six percentage points …
Read More Montpelier Flood Mitigation Plan Calls for Removing Dam, Restoring Floodplain
In Montpelier, city officials plan to remove the Pioneer Street Dam and restore a nearby floodplain. Together, the projects are predicted to have compounding positive effects that reduce flood risk in the city. The Pioneer Street Dam — an old …
Read More People Moves: CREST Appoints Gibbs Relationship Development Manager
CREST Insurance Group named Jennifer Gibbs relationship development manager for CREST’s personal lines division. Gibbs will work out if the firm’s San Diego, California, headquarters. Gibbs has more 20 years of experience in wholesale propane, corporate finance and commercial lending. …
Read More AM Best Maintains Under Review With Negative Implications Status for UNAIC
AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Universal North America Insurance Company (UNAIC) based in Arlington, Texas. The …
Read More People Moves: Texas Mutual Elects Cogan to Board of Directors
Doug Cogan, of Cypress, Texas, has been elected to the Texas Mutual Insurance Company board of directors. He was elected at the company’s annual policyholder meeting. Cogan’s board terms for Texas Mutual, the state’s leading provider of workers’ compensation insurance, …
Read More Midwest Gas Station to Pay $35K in Discrimination Case
Kwik Trip Inc., a family-owned gasoline station and convenience store with over 800 locations in the upper Midwest, agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. As a …
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