Posts by Hometown Insurance

Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North America commercial, International commercial, and global personal—recorded $170 million in catastrophe-related charges in Q2 2025, compared with $330 million for …

California’s biggest legal marijuana grower said nine of its employees were detained in a federal immigration raid last month that netted hundreds of arrests, and that the business has ended its relationship with two labor contractors that supplied its farmworkers. …

A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May. The database — which was produced by the National Oceanic and Atmospheric Administration — is set …

The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation loss costs effective January 1, 2026. The assigned risk pool for risks not insured in the voluntary market will see a reduction of 5.4%. …

HSS Security, LLC, a company that provides security services to hospitals in Texas, will pay $35,000 and provide other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced last …

Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual’s California personal lines product strategy. The companies say that Liberty Mutual will …

Michigan Democratic Governor Gretchen Whitmer told President Donald Trump that his tariffs are having a negative effect on her state’s flagship auto industry during a closed-door meeting at the White House. Whitmer, a possible 2028 presidential candidate, made the case …

Three months after a U.S. senator chastized Allstate for its response to a Georgia woman’s storm claim, Allstate has paid more than 10 times its initial payout on the claim, U.S. Sen. Josh Hawley said Tuesday. “Allstate has finally agreed …

This edition of International People Moves details appointments at Lloyd’s and Arch Insurance International. A summary of these new hires. Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer Lloyd’s, the world’s leading insurance and reinsurance market for global risk, …

Highstreet Insurance Partners announced with a new round of $550 million in capital to further its expansion and acquisition strategy. Led by Ares Capital, the incremental $550 million delayed draw term loan (DDTL) was upsized from a $500M initial ask …