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Insurance

Experts: Weather Forecasts Will Worsen as DOGE Cuts Mean Fewer Balloon Launches

By Hometown Insurance | March 25, 2025
With massive job cuts, the National Weather Service is eliminating or reducing vital weather balloon launches in eight northern locations, which meteorologists and former agency leaders said will degrade the accuracy of forecasts just as severe weather season kicks in. …
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Fort Myers City Council Does About-Face, Agrees to Let ICE Train Police on Deports

By Hometown Insurance | March 25, 2025
(AP) — City officials in Fort Myers, Florida, unanimously agreed to pass a memorandum on Friday allowing local authorities to receive training from U.S. Immigration and Customs Enforcement and assist with deportations. This decision reverses a contentious vote earlier this …
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McCarty Critical of Consultant’s Report on MGAs, as Average Premiums Drop in Florida

By Hometown Insurance | March 25, 2025
Amid an uproar over reports that Florida property insurance companies had shifted profits to affiliated firms while rates rose and carriers slid into insolvency a half-decade ago, former Florida Insurance Commissioner Kevin McCarty weighed in on the controversy. A consultant’s …
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Key Parts of Original Black Sea Grain Deal With Ukraine Were Never Fulfilled: Kremlin

By Hometown Insurance | March 25, 2025
Russia and the United States will discuss resuming a deal to ensure the safety of merchant shipping in the Black Sea, the Kremlin said on Monday, noting that what Moscow saw as key parts of an earlier agreement on the …
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Connecticut Court Restores Administrative Law Judge’s Discretion in Workers Comp

By Hometown Insurance | March 25, 2025
The Connecticut Supreme Court has ruled that an administrative law judge has the discretion to award a workers compensation claimant, after he or she reaches maximum medical improvement, ongoing temporary partial incapacity benefits in lieu of permanent partial disability benefits …
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UK Detects First Case of Bird Flu in a Sheep, Fueling Fears of Spread

By Hometown Insurance | March 24, 2025
Bird flu has been detected in a sheep in northern England, the first known case of its kind in the world, Britain’s government said, adding to the growing list of mammals infected by the disease and fueling fears of a …
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Property Data and Info Provider CoreLogic Rebrands to Cotality

By Hometown Insurance | March 24, 2025
Property data provider CoreLogic is rebranding to Cotality. The rebrand includes a new name, logo and brand identity. “The property ecosystem underpins the prosperity of individuals, businesses, governments, and society as a whole. But at the core, it’s people, businesses, …
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Argo Group Promotes CFO Donahue to CEO; Chan Now CFO

By Hometown Insurance | March 24, 2025
Specialty insurer Argo Group International Holdings said it has named Chris Donahue as chief executive officer. Donahue joined as chief financial officer in November 2023 – the same month Brookfield Reinsurance completed its acquisition of Argo Group. Also at this …
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Air Lease Corp. Gets $329 Million Insurance Payout for Jets Stranded in Russia

By Hometown Insurance | March 24, 2025
Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft which were blocked from leaving Russia after the country’s invasion of Ukraine. Before the invasion …
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NHTSA Opens Probe Into Nearly 1.3 Million Ford F-150 Trucks

By Hometown Insurance | March 24, 2025
The National Highway Traffic Safety Administration is investigating nearly 1.3 million Ford F-150 pickup trucks in the United States over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up. NHTSA said Monday it is opening a …
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Recent Posts

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  • New York Proposes Rule to Require Prior Approval of Auto Insurance Rate Hikes
  • Oregon Proposes 2.1% Increase in Pure Premium Workers’ Comp Rates for 2027

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