Posts by Hometown Insurance
California Pledges EV Buyer Rebate If Trump Kills $7,500 Credit
California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if US President-elect Donald Trump repeals a federal subsidy after he takes office next year. Newsom, a prominent Democrat and frequent critic of Republican politics, …
Read More Afore Adds New Jersey’s BCA Insurance as Mid-Atlantic Partner
Afore Insurance Services, LLC has added BCA Insurance Group (BCA) of New Jersey to its platform as a partner in the Mid-Atlantic region. The acquisition allows BCA to expand its footprint by continuing to operate under the BCA name and …
Read More UK Employers Warn Tax Rise Will Hit Investment and Pay
British employers have been caught off guard by a 25 billion-pound ($31 billion) tax rise at last month’s budget and plan to cut training, investment and jobs in response, a leading employers group said on Monday. The Confederation of British …
Read More AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’
Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to stable from negative thanks to improving loss ratios of the top 20 carriers this year. Underwriting results have improved significantly, …
Read More Secret Russian Oil Switching Gets New Greek Hotspot After Drills
The secret switching of Russian fuel cargoes between tankers at sea has migrated to new hotspots off the coast of Greece after the European country used naval drills to try and block the activity in one location. About 1 million …
Read More Storm Bert Brings Flooding and Disruption to UK and France
Storm Bert left a trail of disruption across the UK, with hundreds of flood warnings in place for Wales and the west of England. Five people were reported to have died by local media, after the storm brought heavy rain …
Read More Higginbotham Fitts in Another Alabama Agency
Higginbotham, an independent insurance and human resources firm based in Texas, has joined forces with Fitts Agency in Tuscaloosa, Alabama, further expanding Higginbotham’s presence in the state. Fitts CEO Forrest Fitts said the partnership is a good fit for both …
Read More Generali and Natixis in Early Talks for Asset Management Tie-Up, FT Reports
France’s Natixis Investment Managers is holding early-stage talks with Italian insurer Generali about a potential tie-up, the Financial Times reported on Monday. The firms have not yet agreed to terms of a deal, and it remains uncertain whether the talks …
Read More New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches
Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total. New York Attorney General Letitia James and New …
Read More Best Agency to Work For – East Gold Winner: Mackoul Risk Solutions
Instead of becoming a major league umpire, Ed Mackoul chose to help his father build an insurance empire. Ed wasn’t sure how his life would turn out before joining Mackoul & Associates in 1995. College didn’t give him an answer. …
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