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Posts by Hometown Insurance

Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme

By Hometown Insurance | April 22, 2026
Three Georgia State Patrol troopers and their supervisor have been let go after officers’ hot pursuits reportedly turned into cold cash from fleeing suspects’ auto insurance companies. News sites around the state reported that an internal investigation found the officers, …
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How Leaders Can Maintain Humanity in the Modern Insurance Era

By Hometown Insurance | April 22, 2026
As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn’t just better technology but how the people behind the technology are using it. That’s according to experts at InsurTech New York’s …
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Markets/Coverages: MGA EverPeak Launches Multi-State Workers’ Comp Feature; Orion180 Offers New Product for Rental Property Owners

By Hometown Insurance | April 22, 2026
EverPeak Insurance launched a new multi-state feature that eliminates multi-jurisdictional friction for mobile workforces. Effective April 21, the new feature allows brokers to secure workers’ compensation coverage across 17 states in a single, 30-second digital workflow. The feature addresses a …
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Purdue Pharma’s $5.5B Sentencing for Opioid Charges Delayed

By Hometown Insurance | April 22, 2026
A federal judge on April 21 delayed the planned criminal sentencing of Purdue Pharma by one week, saying she wanted to allow more public participation before concluding a criminal case over the company’s marketing of addictive opioid drugs. U.S. District …
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Iran Seizes Ships in Strait of Hormuz After Trump Halts Attacks

By Hometown Insurance | April 22, 2026
Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway, after U.S. President Donald Trump called off attacks indefinitely with no sign of peace talks restarting. Iran’s semi-official Tasnim news agency said …
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WR Berkely Turns in Record Q1 Operating Income

By Hometown Insurance | April 22, 2026
First quarter 2026 net income at W.R. Berkley Corp. increased about 23.4% compared to the same period a year ago to about $515.2 million. Operating income for the first three months of the year was a record $514.3 million. The …
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Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes

By Hometown Insurance | April 22, 2026
The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the Strait of Hormuz may lead to a wave of disputes stemming from lost supply. Several oil and gas producing giants …
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Record Drought Sparks Worries About Fires, Water Supply and Food Prices

By Hometown Insurance | April 22, 2026
Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said it’s a bad sign for the upcoming wildfire season, food prices and western water issues. More than 61% of the …
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Claim Severity Trends for Medical Malpractice ‘Stand Out’: S&P GMI

By Hometown Insurance | April 22, 2026
Casualty claims are becoming more expensive at a faster rate, but medical professional liability stands out as one casualty line where compounding factors are turning severity deterioration into a heightened risk. According to an S&P Global Market Intelligence report, written …
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MS High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive

By Hometown Insurance | April 22, 2026
It’s been called one of the most unusual medical malpractice cases and one that has raised questions for organ donors, organ recovery centers and their insurance carriers. Paula Denison, age 57, was taken to the emergency room at Anderson Regional …
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