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Insurance

1 Killed, 32 Injured in Bus Vs. SUV Crash on LA Area Freeway

By Hometown Insurance | May 13, 2025
One person was killed and 32 people were injured, including two critically, when a tour bus and a sport utility vehicle collided on a Los Angeles area freeway, officials said. The lone occupant of the SUV died after the vehicle …
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Florida OIR Fines Centauri Specialty for Unappointed Adjusters, Other Issues

By Hometown Insurance | May 13, 2025
Sarasota-based Centauri Specialty Insurance, now part of Arbol’s Lilypad Insurance Holdings, used non-appointed adjusters in the wake of Hurricane Ian in 2022 and has agreed to pay a $100,000 fine to Florida regulators. A market conduct examination by the Florida …
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Maine Weighs What to Do When Religion Collides With Auto Insurance

By Hometown Insurance | May 13, 2025
Maine lawmakers today are expected to consider a measure that would allow followers of the Mennonite religion to self-insure for motor vehicle insurance. Rep. Steve Foster (R-Dexter) introduced the bill on behalf of his Mennonite constituents who say insurance violates …
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Four Hondurans Indicted in Florida on $89M Workers’ Comp, Tax Avoidance Charges

By Hometown Insurance | May 13, 2025
A grand jury in Orlando last week indicted four Honduran nationals for allegedly operating an off-the-books cash payroll scheme for construction workers that defrauded workers’ compensation insurers and avoided payroll taxes. Iris Villafranca, Mario Flores, Osman Zapata, and Cristofer Oseguera …
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Court to Weigh Small Business Bid to Block Trump Tariffs

By Hometown Insurance | May 13, 2025
Five American small businesses will ask a U.S. court on Tuesday to halt President Donald Trump’s “Liberation Day” tariffs, arguing the president overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell …
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Markets/Coverages: CRC’s Starwind Specialty Launches 4 Programs

By Hometown Insurance | May 13, 2025
Starwind Specialty Insurance Services, a CRC Group company, said it has launched four insurance programs — Starwind Environmental, Starwind PVT (Political Violence & Terrorism), Starwind Equipment, and Starwind Cannabis. Starwind Environmental, led by Program President Mike Padula, delivers solutions including …
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Georgia Insurance Commissioner King Joins Race for Ossoff’s U.S. Senate Seat

By Hometown Insurance | May 13, 2025
Inflammatory Congresswoman Marjorie Taylor Greene won’t, but Georgia Insurance Commissioner John King will run for the U.S. Senate now held by Democrat John Ossoff. King, a former police chief in Georgia, was appointed to the insurance commissioner job in 2019 …
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Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform

By Hometown Insurance | May 13, 2025
Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, managing general agents, and brokers. McGavick is the former CEO of …
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Grid Warns Extreme Heat Risks Summer Power Shortages in Midwest to East

By Hometown Insurance | May 13, 2025
PJM Interconnection LLC, the largest US electric grid serving about 20% of Americans from the Midwest to East Coast, warned that extreme heat this summer could trigger supply shortages for the first time. While PJM expects to have enough power …
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FAA Convening Emergency Task Force on Newark Telecom Outages

By Hometown Insurance | May 13, 2025
The Trump administration said on Monday it was convening an emergency task force and fast-tracking urgent steps to prevent additional telecom outages at the facility overseeing Newark air traffic after three incidents have shaken public confidence. Acting Federal Aviation Administration …
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