Posts by Hometown Insurance
Progressive Q1 2026 Net Income Up 10%
First quarter 2026 net income at Progressive Corp. increased 10% compared to the same period a year ago to nearly $2.8 billion. Progressive reports results monthly. Net income for March was up 36% to about $712 million. The Mayfield Village, …
Read More California Attorney General, DAs Warn About E-Bike Safety and Legal Requirements
California law officials are warning people about the safety dangers and legal requirements of electric bicycles, also known as e-bikes California Attorney General Rob Bonta, Marin County District Attorney Lori Frugoli, San Francisco District Attorney Brooke Jenkins, and San Mateo …
Read More Viewpoint: Risk Segmentation to Cover Large Data Centers
A recent high-profile report highlighted a growing challenge for data centers: despite abundant insurance capacity, large data center projects are struggling to secure sufficient coverage. This may seem surprising given the available capacity in the market, but it reflects insurers’ …
Read More AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You
As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line. These warnings became more urgent after …
Read More Australian MedTech Firm EBR Systems Flags Possible Data Breach of Patient Records
Medical technology firm EBR Systems on Wednesday said a cybersecurity incident detected in February may have resulted in unauthorized access to a small amount of personal health information. The company said it became aware of a network disruption around February …
Read More Italy Court Allows Class Action Against Meta Over Facebook Data Scraping
A Milan court on Tuesday accepted a class action brought by a consumer group against Meta Platforms over the theft of personal data suffered by Facebook Italy. According to the court order, the data scraping incident, which took place between …
Read More US Shuts Down Iran’s Maritime Trade Despite Optimism for More Talks
The United States said on Wednesday its military had completely halted trade going in and out of Iran by sea, while President Donald Trump said talks with Tehran on ending the war could resume this week, sending oil prices down …
Read More Dutch Insurer Aegon Strikes $2.7B Deal to Sell UK Insurance Business to Standard Life
Aegon has agreed to sell its UK insurance business to Standard Life for a total value of 2 billion pounds ($2.7 billion), the Dutch insurer said on Wednesday. The payment would consist of a cash amount of 750 million pounds …
Read More Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025
Insurance claims volumes in the United States declined across most lines in 2025 due at least in part to less severe weather, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. …
Read More CRC Group Adds Murphy as Casualty Broker; Peachtree Group Names Morey VP
CRC Group, a wholesale specialty insurance distributor, has added a broker to its specialty team, based in Charlotte, North Carolina. Will Murphy has experience in commercial insurance advisory and casualty brokerage, with a focus on business development and client engagement, …
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