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Insurance

Dealmakers See More Retail Mergers, IPOs After Tariffs Sidelined M&A Last Year

By Hometown Insurance | January 16, 2026
Dealmakers predict an uptick in mergers and IPOs for retailers and consumer goods companies this year after punishing tariffs on imports to the U.S. had sidelined activity in the industry for the first half of 2025. Several national restaurant and …
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Texas Proposes 13,000% Fee Hike on Hemp THC Shops

By Hometown Insurance | January 16, 2026
Texas state health officials have proposed raising licensing fees by as much as 13,000% for some hemp businesses, among a slate of changes that many industry members and advocates say will shutter small operations in favor of large out-of-state companies. …
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New Texas Law Expedites Medical Benefits for Injured Death Investigation Professionals

By Hometown Insurance | January 16, 2026
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) adopted amendments to the Texas Administrative Code, concerning medical disputes for workers’ compensation claims and preauthorization, concurrent utilization review, and voluntary certification of health care. The amendments are necessary to …
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Part That Broke on UPS Plane in Kentucky Failed 4 Times on Other Planes Years Ago

By Hometown Insurance | January 16, 2026
Boeing warned plane owners in 2011 about a broken part that contributed to a UPS plane crash that killed 15 last year but at that point the plane manufacturer didn’t believe it threatened safety, the National Transportation Safety Board said …
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AM Best Upgrades Credit Ratings of Michigan Millers Mutual

By Hometown Insurance | January 16, 2026
AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior) from “a” (Excellent) of Michigan Millers Mutual Insurance Company based in Lansing, Michigan, a …
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Wisconsin Medical Care Partnership to Pay $162K in Back Wages

By Hometown Insurance | January 16, 2026
A federal court has ordered a Wisconsin-based multicounty medical care partnership to pay $162,486 in back wages and liquidated damages to 68 case managers after a U.S. Department of Labor investigation found the employer did not pay case managers all …
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Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades

By Hometown Insurance | January 16, 2026
Federal lawmakers have begun to discuss numerous pieces of legislation focusing on the evolving automobile industry, with legislation addressing consumer data rights, parts and repair, pedestrian safety, driver-assistance technology and even catalytic-converter theft. In preparation for a hearing Jan. 13, …
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Georgia Seeks to Spend $1.8B to Unclog Interstate 75

By Hometown Insurance | January 16, 2026
Georgia’s governor said Wednesday that he wants to spend $1.8 billion to unclog one of traffic-choked Atlanta’s notorious chokepoints on the most important highway between the Midwest and Florida. Republican Gov. Brian Kemp, serving his last year in office, says …
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Federal Judge Allows Equinor to Restart New York Offshore Wind Project

By Hometown Insurance | January 16, 2026
A federal judge on Thursday cleared Norwegian offshore wind developer Equinor to resume work on its New York Empire Wind project, which President Donald Trump’s administration halted along with four other projects last month. The ruling by U.S. District Judge …
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Tesla Gets 5-Week Extension in Probe of Full Self-Driving Traffic Violations

By Hometown Insurance | January 16, 2026
U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation into whether its vehicles violated traffic laws while the Elon Musk-led company’s Full Self-Driving system was engaged. The National Highway Traffic Safety Administration said on …
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