Posts by Hometown Insurance

California-based insurance brokerage ALKEME announced its acquisition of Becker Benefit Group, an employee benefits agency based in Towson, Maryland. This marks ALKEME’s first acquisition in the state. Becker Benefit Group offers benefits, healthcare plan and risk management consulting for businesses …

Cho Named Coalition’s Head of the West Region Coalition Inc. named Manny Cho as head of its west region. Cho joins Coalition with over three decades of experience in the insurance industry, most recently serving as executive vice president of …

Lloyd’s of London has been told it must pay an extra $800,000 in prejudgment interest on a $2.5 million building fire loss payment to a community bank that it had wrongly denied coverage. A three-judge panel of the Massachusetts Appeals …

Less than a month before hurricane season, the acting administrator of the Federal Emergency Management Agency has been fired. A spokesperson with FEMA offered no reason for the dismissal, but confirmed reports that Cameron Hamilton has been removed from the …

Los Angeles Mayor Karen Bass is navigating one of her city’s most challenging periods in decades. She’s facing a nearly $1 billion budget shortfall, the long recovery from January’s wildfires, and preparations for two of the world’s largest sporting events …

Connecticut-based Paragon Insurance Holdings announced that its specialty media and contingency platform, Reel Media Insurance Services, has acquired WISE Risk, a wholesaler for event-driven and specialty insurance products. WISE Risk, based in Needham, Massachusetts, is focused on the entertainment, sports, …

Indiana Farm Bureau Insurance, headquartered in Indianapolis, Indiana, promoted Chris Zeilinga to agency manager of the Hancock-Henry-Shelby-Rush Agency. Zeilinga joined Indiana Farm Bureau Insurance in 2002 as an agent in Marion County. In 2018, he was promoted to the role …

Liberty Mutual Holding Company Inc. booked consolidated first quarter 2025 net income of about $1 billion, down about 33% from the same period a year ago. Catastrophe losses for the first three months of 2025—driven by the wildfires in California—were …

Cities across the US are sinking,and the problem is most pronounced in Texas, according to a new study. The research, which examined 28 cities and was published in science journal Nature on Thursday, found all of them were affected by …

Root Inc. reported first quarter net income of $18.2 million to build off results of 2024—its first profitable year. The net profit for the first three months of 2025 is compared to a net loss of $6.2 million for Q1 …