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Posts by Hometown Insurance

Marsh Mulls Sale of PCS, Financial Risk Manager for Super Rich Asians

By Hometown Insurance | February 24, 2026
Marsh is exploring a sale of its financial risk manager and life insurance broker for high-net-worth individuals in Asia, according to people familiar with the matter. Marsh, formerly known as Marsh & McLennan Cos., is working with an adviser on …
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Oklahoma Medical Practice to Pay $90K in Pregnancy Discrimination Lawsuit

By Hometown Insurance | February 24, 2026
Urologic Specialists of Oklahoma, Inc., a medical practice that operates five clinics employing two dozen physicians in Oklahoma, Arkansas and Missouri, will pay $90,000 and furnish other relief to settle a pregnancy and disability discrimination lawsuit brought by the U.S. …
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Trump Family’s Crypto Venture Says It Faced ‘Coordinated Attack’

By Hometown Insurance | February 24, 2026
World Liberty Financial, the digital-asset venture backed by the Trump family, said that it defeated an unspecified “coordinated attack” against its flagship cryptocurrency product. USD1, the dollar-pegged stablecoin issued by World Liberty, briefly traded below $1 on Monday before climbing …
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US Supreme Court to Hear Bid by Oil Companies to Toss Climate Suits

By Hometown Insurance | February 24, 2026
The U.S. Supreme Court has agreed to hear a bid by ExxonMobil and Suncor Energy to scuttle a lawsuit brought by officials in Boulder, Colorado that seeks to hold the oil companies liable for helping fuel climate change in a …
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Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case

By Hometown Insurance | February 24, 2026
In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply, a federal appeals court decided last week in an opinion that clarifies North Carolina law but could make some claims …
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Amica Insurance Ad Campaign Features Celtics Star Tatum’s Comeback From Injury

By Hometown Insurance | February 24, 2026
Amica Insurance is using the comeback journey of Boston Celtics basketball star Jayson Tatum in its new advertising campaign. The campaign traces Tatum’s recovery from his injury last May. The campaign is titled “Back to Zero” — named with Tatum’s …
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Push to Tax California Billionaires Causing Political Stir

By Hometown Insurance | February 24, 2026
As national Democrats search for a unifying theme ahead of the fall’s midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the party’s leading figures into adversaries just when Democrats can least afford …
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Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands

By Hometown Insurance | February 23, 2026
Pasture lands have been stripped down to a sea of sand after wildfires tore across the U.S. Plains, killing cattle and wiping out their food sources, and threatening a historically small herd already linked to rising beef prices. The loss …
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Neptune Reports Drop in Profit for 2025 But Strong Growth After IPO

By Hometown Insurance | February 23, 2026
The parent of St. Petersburg-based Neptune Flood reported a 63% drop in profit for 2025, along with a quarterly drop, five months after the firm went public. Much of the drop in net income was due to some $4.6 million …
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Volvo Cars to Recall 40,000 Electric SUVs Over Battery Fire Risk

By Hometown Insurance | February 23, 2026
Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker’s hard-earned reputation for safety and cost it millions of dollars. …
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