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Posts by Hometown Insurance

Trend of Fewer Insurance M&A Deals ‘Bottoming Out’: OPTIS

By Hometown Insurance | April 27, 2026
Insurance agency mergers & acquisitions in the first three months of 2026 were down 6% compared with the same period last year. It was the 10th consecutive quarter of deal volume below the long-term trend line but, investment banking and …
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South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement

By Hometown Insurance | April 27, 2026
Eight years after South Carolina lawmakers forced a $1 million liquor liability insurance requirement on bars and restaurants, and one year after they tweaked the law with conditional coverage requirements, the state Senate is trying again. Senators voted last week …
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Former Ransomware Negotiator Pleads Guilty to Aiding Attackers

By Hometown Insurance | April 27, 2026
A former ransomware negotiator has pleaded guilty to charges he helped a ransomware group extort tens of millions of dollars from companies. Angelo Martino, 41, of Land O’Lakes, Florida, worked for a cyber incident response company as a ransomware negotiator …
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Tornado Tears Through Oklahoma Town, Damaging 40 Homes

By Hometown Insurance | April 27, 2026
Raeann Hunt scrambled to her cellar as a tornado bore down on her Oklahoma community. “It is headed right for us,” she recalled thinking, as she peeked outside, unable to contain her curiosity. Huddled inside the dark 8-by-8 foot (2.44-by-2.44 …
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Maine Governor Blocks First State Freeze on New Data Centers

By Hometown Insurance | April 26, 2026
The Democratic governor of Maine, Janet Mills, on Friday vetoed a bill that would have made it the first U.S. state to impose a moratorium on large new data centers, even as local opposition to the electricity-hungry facilities grows. The …
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Massive Ice Sheets Threaten Homes in Northern Michigan

By Hometown Insurance | April 24, 2026
Large chunks of ice rammed into homes along Michigan’s Black Lake in the northeastern Lower Peninsula as constant spring rainfall and winter melt left many homes flooded and threatened to overflow stressed dam systems. Photos and video posted to social …
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Inszone Acquires Michigan’s James R. Vozar Insurance Agency

By Hometown Insurance | April 24, 2026
Inszone Insurance Services announced the acquisition of James R. Vozar Insurance Agency. With offices in Athens, Quincy, and Union City, Michigan, this acquisition further strengthens Inszone’s presence in the Midwest and adds deep specialized knowledge in the agricultural sector to …
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A 50% Surge in Zombie Oil Wells Prompts Texas to Crack Down on Toxic Water Leaks

By Hometown Insurance | April 24, 2026
Texas is planning new rules to speed up its response to so-called zombie oil wells after the number of sites leaking toxic wastewater increased more than 50% this year. Oil companies in the largest US crude-producing state are pumping so …
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FTC Settles Case Against Anesthesia Company

By Hometown Insurance | April 24, 2026
he U.S. Federal Trade Commission is settling its case against a private equity portfolio company it says was used to buy up anesthesiology practices and raise prices in Texas, according to court documents filed on Thursday. WHY IT’S IMPORTANT The …
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Study Finds ‘Alarming’ High Flood Risk for 17M Americans on Atlantic, Gulf Coasts

By Hometown Insurance | April 24, 2026
More than 17 million people along the U.S. Atlantic and Gulf coasts are at the highest risk of being affected by flooding, with New York and New Orleans standing out, according to one of the most comprehensive studies ever of …
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Recent Posts

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