Posts by Hometown Insurance
Iran War Cost Hits $38 Billion, Forecast to Rise $3 Billion a month, CBO Says
The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress’ nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the …
Read More Keystone Enters California With Acquisition of Infinity
Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …
Read More World Insurance Acquires New Jersey’s TE Freuler Agency
Insurance broker World Insurance Associates LLC announced that it has acquired the business of TE Freuler of Somerset, New Jersey. Terms of the June 1, 2026 transaction were not disclosed. TE Freuler, which also has an office in offices in …
Read More Labor Commissioner Says California Crop Lien Law Helped Recover Farmworker Wages
An expanded crop lien law that strengthens existing farmworker protections and gives the California’s Labor Commissioner’s Office the ability to recover unpaid wages quickly was recently put in action. The LCO, which launched an investigation into wage-and-hour violations in May, …
Read More EU Countries Plan to Seek More Free Carbon Permits for Industry
European Union member states will push for more free carbon allowances for major industries to better protect companies struggling with tough global competition and rising energy costs. The bloc’s 27 member states will this week seek to agree on a …
Read More Abbott to Pay $385 Million to End Claims Over Infant Formula
Abbott Laboratories agreed to pay $385 million to settle U.S. allegations related to poor manufacturing practices at two facilities, including one involving an investigation of a contaminated facility that made powder infant formula. The accord resolves claims that the company …
Read More King Charles to Host AI Executives as Threat Fears Mount
Britain’s King Charles will host the leaders of major artificial intelligence companies this week to discuss whether a shared set of principles is needed to guide a technology that has sparked growing warnings about its threat to humanity. With the …
Read More California Governor Signs Act to Create Smoke Damage Presumption
California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner …
Read More Iowa DIFS Names Pearce as Acting Deputy Insurance Commissioner for Market Regulation
The Iowa Department of Insurance and Financial Services announced the appointment of Julie Pearce as Acting Deputy Insurance Commissioner for Market Regulation. Pearce brings over 19 years of extensive insurance and financial services experience spanning Life, Annuity, and Property & …
Read More Texas Utility Discloses Customer Data Breach in SEC Filing
CenterPoint Energy CNP.N said in an SEC filing on Monday that the company had become aware in September of an online post by a third party claiming to have obtained a dataset of information on some of its customers. The …
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