Posts by Hometown Insurance

A federal judge has agreed with the owner and manager of the Dali cargo ship responsible for the collapse of Baltimore’s Key Bridge that the bulk of the remaining claims against them for economic damage are invalid. On August 25, …

Tropical storm warnings have been issued for parts of the Texas and Louisiana coast as a potential system gathers strength in the Gulf of Mexico. The still-unnamed storm was 130 miles (209 kilometers) south of Morgan City, Louisiana, with top …

AM Best has downgraded the Financial Strength Rating to B (Fair) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “a-” (Excellent) of Prime Insurance Company based in Chicago, Illinois. Concurrently, AM Best has maintained the …

American Airlines will pay $200,000 to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’S lawsuit, American Airlines failed to provide a reasonable accommodation to an employee …

Auto insurer Dairyland announced that it will return $30 million in savings to eligible Florida private passenger automobile policyholders through a one-time dividend. The insurer is crediting legal system changes signed into law in 2023 and “improved market stability” for …

KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity …

Northern California and southern Oregon are under red flag fire warnings, as the threat posed by tinderbox conditions is compounded by strong winds. National Weather Service warnings are in place from noon to 8 p.m. local time, while the U.S. …

The US government is expanding a program for testing out drones in real-world scenarios, focusing on more advanced use cases involving larger unmanned systems, higher altitudes and longer distances. The Transportation Department and Federal Aviation Administration said Aug. 27 that …

Poland’s security services are investigating whether a fire at a facility belonging to the country’s largest drone producer WB Electronics SA was an act of sabotage. The fire at the facility, which produces drone components, broke out shortly after midnight, …

Donald Trump lost another bid to move a challenge to his New York criminal fraud conviction to a federal court as a judge said that payments to an adult film star don’t constitute an official act that would be covered …