Posts by Hometown Insurance
Safeco to Take Personal Lines Renewal Business of Main Street America
Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business from another insurer. Main …
Read More World Insurance Associates Expands Louisiana Texas With 5 Acquisitions
World Insurance Associates LLC (“World”), announced today that it acquired the business of five entities with locations across Louisiana and Texas on August 1, 2024. The agencies are The Firm of Louisiana P&C, LLC (Lake Charles), McFatter Insurance Agency, Inc. …
Read More Supreme Court Lets Stand Ruling Curbing Bid-Rigging Prosecutions
The US Supreme Court left intact a ruling that curbs the Justice Department’s ability to use federal antitrust law to prosecute people and companies for bid-rigging, price-fixing and other collusion. The justices, without comment, turned away a Biden administration appeal …
Read More Hub Acquires Texas’ ANCO Insurance
Hub International Limited announced that it has acquired the assets of ANCO Insurance Managers, Inc. (ANCO Insurance). Terms of the transaction were not disclosed. Headquartered in Bryan, Texas with six additional offices, ANCO Insurance is one of the largest independent …
Read More Michigan Jury Awards $12M to Woman Fired for Refusing to Get COVID Vaccine
DETROIT (AP) — A jury awarded more than $12 million Friday to a woman who lost her job at a Michigan insurance company after declining to get a COVID-19 vaccination. Much of the award — $10 million — is for …
Read More Obama Relatives Settle Racial Bias Suit With Private School in Milwaukee
Former first lady Michelle Obama’s brother and his wife have settled a lawsuit they filed in 2022 alleging a private school in Milwaukee refused to reenroll their children after the couple raised concerns about racism and inappropriate conduct at the …
Read More Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO
Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing underwriting activities: Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925. Dom Peters has agreed …
Read More Suvivors Want to Rebuild Safer, But Cost Misperceptions Can Stand in the Way
As Florida and the Southeast begin recovering from 2024’s destructive hurricanes, many people are asking: How can we rebuild sustainably and in a way that avoids the same damage, costs and trauma in future storms? There are proven ways to …
Read More Containment Increases on California Blaze That Has Destroyed at Least 168 Structures
Firefighters battled strong driving a fast-moving Southern California wildfire that forced the evacuations of thousands of people and destroyed at least 168 structures. Containment of the Mountain Fire in Ventura County increased to 48%. The fire has now burned 20,630 …
Read More Chipotle Shareholders Sue Over Fallout From Skimping on Portion Sizes
Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on ingredients and hurting its stock price. In a proposed class action filed in …
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