Posts by Hometown Insurance
Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil
Two supertankers exited the Strait of Hormuz on Wednesday while another is making its way out, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude oil onboard, shipping data on LSEG …
Read More UK Warned of Housing Market Risks as Flood Re’s Future Unclear
The UK government must provide clarity on the future of Flood Re or risk seeing its failure to do so feed through to the country’s housing market. That’s according to the Climate Change Committee, a group created back in 2008 …
Read More Michigan Secures Settlement With Car Financing Company Over Auto-Repair Agreements
Michigan Attorney General Dana Nessel has secured an agreement with West Creek Financial, Inc., a Virginia corporation doing business under the name Koalafi, to resolve allegations that the lease-to-own financing company violated the Michigan Consumer Protection Act and Rental-Purchase Agreement …
Read More Death at SpaceX’s South Texas Facilities Prompts Workplace Safety Investigation
The Occupational Safety and Health Administration is investigating an incident at SpaceX’s South Texas facilities that resulted in the death of a worker. Jose Luis Bautista, a 25-year-old man from Donna, died Friday morning after falling 8 feet from scaffolding, …
Read More Man Wrongly Convicted of Killing 2 Michigan Hunters Agrees to $5M Settlement
A man who spent nearly 21 years in prison for the deaths of two Michigan hunters agreed to a $5.25 million settlement after accusing police of failing to turn over evidence that could have helped him at trial, a lawyer …
Read More Texas Storms Ground Flights, Threaten Floods and Spark Fires
A day of wild weather and thunderstorms in Texas has led to nearly 500 canceled flights in the Dallas area, power outages across eastern reaches and a wildfire in a landfill near Amarillo that’s been dubbed the “Stinky Fire.” As …
Read More Viewpoint: AI Insurance Is Not Cyber Insurance With Extra Steps
Many insurers and the businesses they cover are treating AI risk as a cyber problem in a new costume. The early litigation is quietly explaining why that is a category error, and the companies that understand the difference first will …
Read More NCDOI Offering Flood Insurance CE Webinars But They’re Filling up Fast
North Carolina’s insurance commissioner announced his department will again offer webinars, starting this month, on the intricacies of flood insurance, with continuing education credit for insurance agents, adjusters, engineers, real estate agents and others. The WebEx sessions are free of …
Read More Questionable Engineering Reports Continue to Be a Problem in Claims Litigation
The Florida Board of Professional Engineers this month considered but did not adopt new rules governing engineers’ ethical responsibilities in drafting damage reports, but the changes are likely to come up again. This guest article examines the need for those …
Read More Another View: Proposed Florida Engineering Rules Would Slow Claims
This article appeared recently on Grindley’s Linkedin page. Republished here with permission. For those working in property insurance, adjusting, and forensic engineering, a proposed Florida rule may have unintended consequences for how claims are investigated and processed. The Florida Board …
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