Posts by Hometown Insurance

Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations in the state since the deadly collapse …

President Donald Trump is asserting more federal government control over water management decisions in California and ordering U.S. officials to override local authorities, casting the steps as necessary to boost the state’s firefighting capabilities. The actions — enshrined in an …

It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine. ALL retail agency owners, principals, producers, CSRs — the entire agency — should participate and be …

First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company. …

DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention and Response (DUAL CPR) – which …

The American Property Casualty Insurance Association (APCIA) recently released a report that concludes over-regulation impedes insurance markets “Insurance markets function best when allowed to operate competitively, free from excessive price regulation,” said Robert Gordon, APCIA’s senior vice president, policy, research …

American International Group (AIG) said it is organizing into three segments and Jon Hancock will lead two of them. Hancock will continue to lead AIG’s international commercial business and will also take on leadership of the newly formed global personal …

The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught fire on Tuesday, two maritime sources said, adding the cause of the incident was not immediately clear. The crew were …

Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The company, which writes more than twice as much reinsurance premium as insurance premium, …

Storm Herminia triggered the worst flooding in four decades in parts of northwest France and created dangerous avalanche conditions in the Alps. In Brittany, hundreds of people were evacuated from their homes in the department of Ile-et-Vilaine, including the city …