Posts by Hometown Insurance

Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between insurance buyers and their risk advisors when discussing protection options. These alternative risk transfer products are widely viewed as complementing …

A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana released its 2025 Claims Experience Report surveying commercial fleet decision-makers …

Greening disease, caused by bacteria transmitted by the Asian citrus psyllid, has infected nearly 48% of Brazil’s citrus belt, according to new data from industry-funded research group Fundecitrus on Wednesday. Such infections have increased for an eighth year in Brazil, …

Survivors of major natural disasters in the U.S. are having to wait longer to get aid from the federal government, according to a new Associated Press analysis of decades of data. On average, it took less than two weeks for …

Coupang, the e-commerce company often called the Amazon of South Korea, won the dismissal on Wednesday of a lawsuit claiming it defrauded shareholders during and after its 2021 initial public offering, Wall Street’s largest by a foreign company in 6-1/2 …

Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump took office. In an address to an event …

More than 60 containers toppled off a cargo ship in the Port of Long Beach, tumbling overboard and floating in the water. The shipping containers fell off a vessel named the Mississippi shortly before 9 a.m. on Tuesday, and no …

California lawmakers have reached an initial agreement to shore up the state’s wildfire utility fund. The agreement is expected be filed into legislative text on Wednesday after lawmakers suspended a Tuesday deadline, according to people familiar with the negotiations who …

East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, will pay $460,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. According to the …

THC products will remain largely legal in Texas, but will be banned for minors and further regulated under a new executive order by Gov. Greg Abbott on Wednesday. Abbott directs the Texas Department of State Health Services and the Alcoholic …