Posts by Hometown Insurance
Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather
For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk. The world looked on in shock last month as 3 million cubic …
Read More Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals
Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to keep potential losses hidden, in his first public court appearance since the high-profile collapse of his firm. Greensill is giving …
Read More Unison Risk Advisors Acquires Boutique Hatcher Insurance Agency in Orlando
The Orlando-based boutique agency and brokerage Hatcher Insurance is now part of Unison Risk Advisors, Unison announced this week. Hatcher, founded almost 80 years ago, offers property and liability insurance, surety bonding, employee benefits and personal insurance services. Industry veterans …
Read More Waymo Halts LA Service After Cars Destroyed During Protests
Waymo has suspended service of its ride-hailing service in downtown Los Angeles after its vehicles were set on fire during protests against immigration raids in the area. Waymo doesn’t believe the protests are related to the company specifically, according to …
Read More Insurance Companies Urged to Respond to TDI Data Call by July 11
The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulletin that HelpInsure is a …
Read More Report Reveals Delay in Deploying Specialized Plane in Ohio Train Derailment
A specialized plane equipped with advanced sensors that the government deploys to chemical disasters could have helped authorities avoid needlessly blowing open five rail tank cars and burning their toxic contents after the disastrous 2023 East Palestine train derailment, a …
Read More McDonald’s Keeps ‘Core’ Inclusion Programs Despite DEI Backlash
McDonald’s Corp. said it’s sticking to its most important inclusion initiatives, even as the Trump administration and conservative activists attack diversity, equity and inclusion practices. McDonald’s earlier this year retired “aspirational representation goals” for its workforce and a diversity pledge …
Read More EPA Reaches $1.1M Settlement With Illinois Chemical Solutions Company
The U.S. Environmental Protection Agency announced a settlement with chemicals solutions company Stepan Co. of Northbrook, Illinois, for allegedly distributing or selling a misbranded pesticide in violation of the Federal Insecticide, Fungicide, and Rodenticide Act. Stepan will pay a $1,126,404 …
Read More Louisiana Police Officer Who Fatally Shot a Puppy Will Face a Jury Lawsuit Trial
A New Orleans police officer who shot and killed a puppy while responding to a call is set to go to trial Monday in a federal lawsuit filed by the dog’s owners. The Catahoula Leopard dog ran up to Officer …
Read More AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry. According to industry rating agency AM Best, the January …
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