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Insurance

Hub Acquires Assets of Guide Insurance Services in Washington

By Hometown Insurance | October 6, 2022
Hub International Limited acquired the assets of Guide Insurance Services Inc. in Washington Guide Insurance Services has offices in Lynden, Colville and Republic, and provides commercial and personal insurance solutions to individuals and businesses in the region. Owners Joel Kok …
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Baldwin Settles Suit in New Mexico Movie Set Shooting

By Hometown Insurance | October 5, 2022
Alec Baldwin settled litigation over the accidental shooting death of a cinematographer on the set of the movie Rust, agreeing to give her husband a producer’s role on the picture as part of the agreement. The settlement, which is subject …
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Farmers Group Names Vargas New CEO, President

By Hometown Insurance | October 5, 2022
Farmers Group Inc. on Oct. 5 said it promoted Raul Vargas to become the company’s 13th president and CEO at the start of 2023. Jeff Dailey, current president and CEO is stepping down but will stay as chairman. Vargas will …
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Ian to ‘Significantly Impact’ Property Rates for Coastal States: MarketScout

By Hometown Insurance | October 5, 2022
Hurricane Ian is going to affect commercial and personal property rates “significantly” – not just in Florida, predicted MarketScout. The Dallas-based insurance distribution and underwriting company released its quarterly Market Barometer of rate conditions in personal and commercial insurance lines. …
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13 Businesses, 19 Individuals Charged in Alleged Pennsylvania Car ‘Title Washing’ Ring

By Hometown Insurance | October 5, 2022
Pennsylvania Attorney General Josh Shapiro said his office has filed criminal charges against 19 individuals and 13 separate businesses for alleged motor vehicle “title washing.” Prosecutors allege the businesses and individuals coordinated to purchase totaled vehicles, falsify inspection information, and …
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‘Weston’s Law’ on Elevator Safety in Vacation Homes Takes Effect in North Carolina

By Hometown Insurance | October 5, 2022
New safety mandates for elevators inside North Carolina beach and vacation cottages take effect on Saturday along with all or portions of another dozen or so enacted state laws. Other laws approved this year and starting in October address sexual …
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Former Kentucky Lawmaker Sentenced to Prison in Fraud Case

By Hometown Insurance | October 5, 2022
Former Kentucky lawmaker Robert Goforth was sentenced Monday to two years and one month in federal prison for health care fraud and money laundering. Goforth, who resigned from the Kentucky House in 2021, also faces two years of supervised release, …
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Most Habitable Homes in Florida Should Get Power Restored by End of Week, FPL Says

By Hometown Insurance | October 5, 2022
Nearly a week after Hurricane Ian smashed into Florida and carved a path of destruction that reached into the Carolinas, hundreds of thousands of Florida residents faced another day without electricity Tuesday as rescuers continued their search for those trapped …
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Arizona Tornado Damaged Homes, Power Lost in Dust Storms

By Hometown Insurance | October 5, 2022
Up to 10 homes were damaged after a tornado touched down in northern Arizona Monday while around Phoenix, dust storms caused downed power lines, fires and cut power to thousands, authorities said. The National Weather Service said a strong line …
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NFIP Now Providing Advance Payments for Flooded Policyholders Who Apply

By Hometown Insurance | October 5, 2022
The National Flood Insurance Program has approved a waiver that will allow some policyholders flooded by Hurricane Ian to receive advance payments of as much as $20,000 – with few strings attached. “The payments will get to the customer, but …
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