Posts by Hometown Insurance
Report: California’s New Vehicle Market Outlook Clouded by Tariffs
New vehicle registrations in California rose 8.3% in the first quarter of 2025 compared with the same period a year earlier, putting the state above a nationwide 4.6% increase in a buying surge that may have been driven by consumers …
Read More Environmental Lawyers Get Ready to Pounce on Energy Deregulation Moves
U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump’s administration over its rapid-fire and sweeping efforts to sidestep federal regulations on oil, gas and coal development. The preparations will pose …
Read More British Food and Clothing Group M&S Discloses Cyber Incident
Britain’s Marks & Spencer MKS.L said on Tuesday it has been managing a cyber incident over the past few days, and had made some temporary changes to its store operations. The more than 140-year-old clothing and food company said it …
Read More Wildfire Losses Drops Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’
First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires overcame underlying results. Chief Executive Officer Evan G. Greenberg in a statement said the insurer “had a good first quarter …
Read More IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace
Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with …
Read More UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers
United Kingdom’s Admiral Group has agreed to sell its U.S. auto insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for an undisclosed cash consideration representing approximately the net asset …
Read More Inszone Acquires Missouri’s Davidson Insurance Agency
Inszone Insurance Services announced its recent acquisition of Davidson Insurance Agency Group, LLC. Located in Missouri, Davidson Insurance Agency has proudly served local businesses, families, and individuals since its founding in 1970, building a reputation for personalized and comprehensive insurance …
Read More Lawsuits Against BP Over Health Impacts of Deepwater Horizon Cleanup Stalled in Court
Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the nation’s worst offshore oil spill are still …
Read More Communities Reeling From Deadly Tornadoes in Texas and Oklahoma
A slow-moving, active storm system brought heavy rain, large hail and tornadoes to parts of Texas and Oklahoma and left three people dead as severe weather warnings Sunday continue to threaten parts of the south-central and Midwest U.S. On Easter …
Read More Business Moves: Ignyte, Novacore Spin Off From NSM Commercial Business Sale
Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two separate entities as a result of the sale, and …
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