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Posts by Hometown Insurance

AM Best Downgrades Credit Ratings of Texas Farm Bureau Casualty Insurance Co.

By Hometown Insurance | September 18, 2024
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm …
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Federal Judge in N.D. Temporarily Blocks Biden Administration Rule on Natural Gas Flaring

By Hometown Insurance | September 18, 2024
BISMARCK, N.D. (AP) — A federal judge in North Dakota has temporarily blocked a new Biden administration rule aimed at reducing the venting and flaring of natural gas at oil wells. “At this preliminary stage, the plaintiffs have shown they …
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Wisconsin Food Processor Fined $161K for Exposing Workers to Dangers

By Hometown Insurance | September 18, 2024
A Wisconsin animal food producer exposed employees to the risks of explosions, fires and long-term respiratory illnesses from excessive amounts of airborne dust, federal workplace inspectors found. The findings follow an inspection by the U.S. Department of Labor’s Occupational Safety …
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US Sues Ship Owner, Operator Over Baltimore Bridge Collapse

By Hometown Insurance | September 18, 2024
The US sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the region’s transportation …
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Houston-Area Blaze Caused by SUV Accident, Officials Say

By Hometown Insurance | September 18, 2024
A fire on an Energy Transfer LP natural gas liquids pipeline near Houston was caused by an SUV crashing through the fence of a Walmart store and into an above-ground valve to the line, local officials said. Preliminary reports indicate …
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Appeals Court Spikes Brett Favre’s Defamation Suit Against Shannon Sharpe

By Hometown Insurance | September 18, 2024
NEW ORLEANS (AP) — A federal appeals court has refused Monday to revive a defamation lawsuit that former NFL quarterback Brett Favre filed against a fellow Pro Football Hall of Fame member — former tight end Shannon Sharpe. Favre filed …
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Wildfire Risk Upends California’s Cannabis Heartland as Insurance Vanishes

By Hometown Insurance | September 18, 2024
Hannah Whyte is one of thousands of Californians who have struggled to insure their property in the event of wildfire. Her 77-acre farm nestled deep in a wildfire-vulnerable forest lost its coverage from State Farm after the mountainous region burned …
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Alabama’s Wind-Mitigation Program Celebrates 50,000 Fortified Homes in the State

By Hometown Insurance | September 18, 2024
Alabama’s wind-mitigation grant program has resulted in 50,000 fortified homes over the last decade, outpacing most other coastal states that offer similar programs. The Alabama Department of Insurance announced the milestone this week, giving more kudos to a program that …
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Oracle To Pay $115M To Settle Suit Over Tracking Consumer Data

By Hometown Insurance | September 18, 2024
Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and offline. The suit alleges Oracle captured, compiled, and sold individuals’ data to third parties without their …
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Amazon Drivers Join Teamsters in New York, Union Says

By Hometown Insurance | September 18, 2024
Hundreds of delivery drivers for e-commerce giant Amazon.com have joined the International Brotherhood of Teamsters, seeking improved wages, working conditions and safety standards, the labor union said on Monday. Workers across three Delivery Service Partners (DSP) in Queens, New York …
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Recent Posts

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  • People Moves: Intact Insurance Names Meleniclis as CTO

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