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Insurance

Tesla Sales Fall Again in California, Dragging on ZEV Market

By Hometown Insurance | July 23, 2025
Tesla has now seen seven quarterly registration declines reported in California, dragging down the overall zero-emission vehicle (ZEV) market in the state, a new report shows. The California New Car Dealers Association released its Q2 2025 California Auto Outlook Report, …
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Ohio Waste Management Firm Faces $602K in Fines After Worker’s Death

By Hometown Insurance | July 23, 2025
A U.S. Department of Labor investigation found that Clean Harbors Environmental Services Inc., an environmental and hazardous waste management service provider, failed to properly ventilate a confined space containing organic chemical residue at a customer’s facility in Twinsburg, Ohio, resulting …
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General Motors Insurance Expands to 3 New States

By Hometown Insurance | July 23, 2025
General Motors Insurance announced this week it has expanded to three more states: Arkansas, Colorado and Louisiana. General Motors Insurance is available for Chevrolet, Buick, GMC and/or Cadillac vehicles with a model year 2016 or newer. GM says that the …
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People Moves: DUAL Europe Taps Nexus’ Masteling to Lead New Trade Credit Business

By Hometown Insurance | July 23, 2025
DUAL Europe announced the launch of its Trade Credit Insurance business, led by Frank Masteling, who joined the company as head of Trade Credit. With more than 25 years of experience in the trade credit sector, Masteling brings deep expertise …
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Increasing Drone Incidents Near Airports, Stadiums Prompt Alarm, Officials Say

By Hometown Insurance | July 23, 2025
U.S. officials told a Senate committee on Tuesday that there have been more than 3,000 drone events near American airports since 2021, including 11 aircraft this year that reported taking evasive action to avoid collisions. Those drone incidents have caused …
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Competition Among European P/C Insurers Is Rising, Along With Claims Inflation: S&P

By Hometown Insurance | July 23, 2025
Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers will face more pressure in 2025, said S&P, explaining that margins will …
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Alabama Man’s Death Ruled a Homicide After Police Kneeled on His Neck

By Hometown Insurance | July 23, 2025
The death of an unarmed 52-year-old man who died after an Alabama police officer kneeled on his neck was ruled a homicide by a county coroner, according to an official autopsy reviewed by The Associated Press. The finding led lawyers …
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Slave Descendants Still Fighting for Georgia Court to Hear Discrimination Claims

By Hometown Insurance | July 23, 2025
DARIEN, Ga. (AP) — Black landowners from a tiny island community returned to a Georgia courtroom, urging a judge to let them move forward with a lawsuit that accuses local officials of illegally weakening protections for one of the South’s …
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South African Insurer Santam Gets ‘In-Principle’ Approval to Launch Lloyd’s Syndicate

By Hometown Insurance | July 23, 2025
Santam, the Cape Town, South Africa-based property/casualty insurer, has been granted “in-principle” approval by Lloyd’s to launch a syndicate based in London, which will accelerate the group’s international growth and diversification goals. The new venture will be known as “Santam …
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Tally of Microsoft Victims Surges to 400 as Hackers Exploit SharePoint Flaw

By Hometown Insurance | July 23, 2025
The number of companies and organizations compromised by a security vulnerability in Microsoft Corp.’s SharePoint servers is increasing rapidly, with the tally of victims soaring more than six-fold in a few days, according to one research firm. Hackers have breached …
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