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Posts by Hometown Insurance

Sign of the Times: With Debby, Georgia Neighborhood Floods Twice Since 2016

By Hometown Insurance | August 9, 2024
POOLER, Ga. (AP) — The water began seeping into Keon Johnson’s house late Monday night after Tropical Storm Debby had been dumping rain nearly nonstop throughout the day. By Tuesday morning, Johnson’s street was underwater and flooding inside his home …
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Hyundai, Kia Software Upgrades Cut Theft Rates By More Than Half, HLDI Finds

By Hometown Insurance | August 9, 2024
Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute. Theft rates of the affected automobiles soared after thieves …
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New York City Deploys Drones to Warn About Storms

By Hometown Insurance | August 9, 2024
Gone is the bullhorn. Instead, New York City emergency management officials have turned high-tech, using drones to warn residents about potential threatening weather. With a buzzing sound in the background, a drone equipped with a loudspeaker flies over homes warning …
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Delta Rejects CrowdStrike Criticism, Sees $500 Million Hit From Cyber Outage

By Hometown Insurance | August 9, 2024
Delta Air Lines said on Thursday it is pursuing legal claims against CrowdStrike and Microsoft after a global outage last month caused mass flight cancellations, disrupting travel plans of 1.3 million customers and costing it at least $500 million. A …
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Australia’s QBE Reports More Than Doubling of 1st-Half Profit, but Misses Estimates

By Hometown Insurance | August 9, 2024
Australia’s QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income from premiums, but missed analysts’ view, sending its shares to over a six month low. The company’s gross written premiums …
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Hong Kong’s Insurance Boom Lures Job-Seeking Mainlanders

By Hometown Insurance | August 9, 2024
Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects across the border. Many are trying to make a living and stay in the city by …
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More People Moving In Than Out of Counties With High Catastrophe Risk

By Hometown Insurance | August 9, 2024
Despite the dangers and expense associated with living in high-risk areas, large numbers of people are still moving to parts of America most impacted by wildfires, flooding and extreme heat. According to a new report from real estate company Redfin, …
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SE People Moves: Bisig to Alliant, Former Lawmaker Bell to TDCI Fire Post

By Hometown Insurance | August 9, 2024
Alliant Insurance Services, a distributor of insurance products around the U.S., has named Sean Bisig vice president and producer in its employee benefits group. He will continue to be based in Charlotte, North Carolina. Bisig spent 18 years with UnitedHealth …
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IMA Financial Spreads Into Florida Market with Wallace Welch & Willingham

By Hometown Insurance | August 9, 2024
IMA Financial Group, a large brokerage specializing in wealth management and risk advice, is moving into the Florida commercial property insurance market with the acquisition of Wallace Welch & Willingham Inc. WW&W, based in the St. Petersburg area, is considered …
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Construction Firm to Pay $50K to Settle Retaliation Claim

By Hometown Insurance | August 9, 2024
Pro Pallet, LLC, a Pennsylvania-based construction company, will pay $50,000 and furnish other relief to settle a retaliation lawsuit filed by the Equal Employment Opportunity Commission (EEOC). According to the EEOC’s lawsuit, a human resources manager received a complaint of …
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