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Posts by Hometown Insurance

Italy to Require Companies Buy Insurance for Climate Risks

By Hometown Insurance | December 3, 2024
Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural hazards that have become more common thanks to global warming. It’s the latest sign of Europe’s rising anxiety about climate …
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Rising Sick Days Are Costing Europe Billions Every Year

By Hometown Insurance | December 3, 2024
Norway, illness is becoming an increasingly trying problem. Workers take more sick days than anywhere else in Europe and absences are at the highest level in 15 years. As companies struggle with chronic shortages, critics blame an overly generous welfare …
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Triple Threat Targets More Than 30,000 US Homes: CoreLogic

By Hometown Insurance | December 3, 2024
Year-round extreme risk from three natural disasters threatens more than 33,000 homes in the U.S., according to the latest analysis by CoreLogic. Hurricane wind, wildfire and inland flood are the most common combination of perils, research showed. Natural disasters, under-insurance …
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Apple Accused of Silencing Workers, Spying on Personal Devices

By Hometown Insurance | December 3, 2024
Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices and iCloud accounts while also barring them from discussing their pay and working conditions. The complaint filed in California state court on Sunday by Amar …
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Best Agency to Work For – Southeast Bronze Winner: Brightway Insurance

By Hometown Insurance | December 3, 2024
The people at Brightway Insurance, based in Ponte Vedra Beach, Florida, near Jacksonville, seem to have taken employee satisfaction and performance to a whole new level. Each employee is asked to make sure, before they leave the office each day, …
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Old Damage, New Claim: Davies Risk Head Notes Rise in ‘Soft Fraud’ in Southeast

By Hometown Insurance | December 3, 2024
With multiple hurricanes rocking Florida and other parts of the Southeast this year, claims professionals have said they are seeing a trend toward “soft fraud,” with more policyholders attempting to include older or unrelated damage in recent storm claims, and …
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Flavored Vape Products Dispute Goes Before US Supreme Court

By Hometown Insurance | December 3, 2024
A dispute over the U.S. Food and Drug Administration’s refusal to let two e-cigarette companies sell flavored vape products due to their health risk to youths goes before the U.S. Supreme Court on Monday in another case involving the power …
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Texas Farmers Say Forever Chemicals in Fertilizer Poisoned Their Land

By Hometown Insurance | December 2, 2024
JOHNSON COUNTY — Tony Coleman recognizes the signs all too well. A cow drools strings of saliva. Then it starts to limp, each step slower. Then it grows stiff. Then it’s quick. There’s nothing to be done. The cow dies. …
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AM Best Revises Outlook for U.S. Personal Lines Insurance Segment to ‘Stable’

By Hometown Insurance | December 2, 2024
AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the auto insurance space, along with solid levels of risk-adjusted capitalization among carriers. …
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Rockford Mutual to Expand Commercial Lines Products in Michigan

By Hometown Insurance | December 2, 2024
Rockford Mutual Insurance Company (RMIC) announced a strategic expansion into the state of Michigan for Commercial Lines products in 2025. This decision is part of the company’s ongoing efforts to diversify its portfolio and spread risk across different markets in …
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