Posts by Hometown Insurance
Big I Illinois Announces Annual Awards
Big I Illinois, an association representing Trusted Choice® independent insurance agents throughout the state, presented awards to top agents and agencies during the association’s annual convention and 125th Anniversary Celebration held in Peoria, October 15-17, 2024. Big I Illinois presented …
Read More Mississippi River Dries Up Again at Worst Time for US Farmers
The Mississippi River is suffering from low waters for the third straight autumn, a crucial time of year when American farmers rely on the route to deliver their crops to the world. Months of limited rainfall — with few chances …
Read More Texas Manufacturer Faces $257K Fine for Workers’ Injuries
Federal workplace safety investigators have determined that a Temple, Texas manufacturer and designer of school furnishings could have prevented an employee’s serious and permanent hand and arm injuries by installing required machine guards. Investigators with the U.S. Department of Labor’s …
Read More Texas Grid Chief Says Big Tech Must Pay More for Power Upgrades
Technology giants developing big artificial intelligence data centers in Texas will need to pay more for electricity infrastructure upgrades to prevent those costs from burdening households and other businesses, according to the state grid operator’s chief. Affordable power is “at …
Read More Clear Group Acquires UK Broker Vision Insurance Services Ltd.
The Clear Group, the London-based independent insurance broker, announced it has acquired Vision Insurance Services Ltd, based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest acquisition strengthens Clear’s presence in the south east of …
Read More Allianz Weighs Options for AllianzGI Unit: Sources
Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in a move that would give the business greater scale. AllianzGI, …
Read More Title Insurer Settles Kickback Charges With District for $500K
District of Columbia Attorney General Brian L. Schwalb reported that Universal Title will pay $500,000 after an investigation by his office found that the company was engaged in an illegal title insurance kickback scheme. The attorney general’s office said Universal …
Read More Q3 Net Income Up 18% at The Hartford
Third quarter 2024 net income at The Hartford improved about 18% compared to the same period a year ago despite $247 million in pretax catastrophe losses—$104 million from Hurricane Helene. Net income was $767 million compared to $651 million a …
Read More Georgia County to Sue BioLab Over Chemical Fire and Toxic Fumes
CONYERS, Ga. (AP) — A Georgia county is preparing a federal lawsuit that aims to shut down the BioLab chemical factory where a fire sent a toxic chemical cloud over Atlanta’s suburbs last month, the latest in a series of …
Read More North Carolina Calculates Helene Damage at $58B, Far More than Florence
RALEIGH, N.C. (AP) — The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, Gov. Roy Cooper’s administration said Wednesday. The state budget office …
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