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Posts by Hometown Insurance

Vermont Suffered Millions in Damage From Last Week’s Flooding; Will Seek Federal Aid

By Hometown Insurance | August 4, 2024
The toll of damage from recent flooding in Vermont exceeds $6 million, and the state is asking the federal government for help, officials said. Vermont residents dealt with heavy flooding that damaged homes and infrastructure earlier this week and came …
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Hawaii Governor Says a $4B Settlement for 2023 Maui Wildfire Coming Soon

By Hometown Insurance | August 2, 2024
The parties involved in Lahaina wildfire lawsuits against the state of Hawaii, Maui County and utilities are close to a global settlement of claims that will be worth a little over $4 billion, Gov. Josh Green told The Associated Press. …
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Texas Assisted Living Facility Sued for Firing Worker With Sleep Disorder

By Hometown Insurance | August 2, 2024
VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, violated federal law when it denied an employee an accommodation for her sleep disorder and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …
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Exxon Delays Golden Pass LNG to Late 2025 on Contractor Dispute

By Hometown Insurance | August 2, 2024
Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Holdings Inc. declared bankruptcy. The companies agreed other contractors could finish work …
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Boar’s Head Hit With Consumer Lawsuit After Deli Meat Recall Over Listeria Concerns

By Hometown Insurance | August 2, 2024
Boar’s Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a day after it expanded its recall to more than seven million pounds of deli meats and other products over concerns …
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Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners

By Hometown Insurance | August 2, 2024
Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for about $282 million, up to $40 million of which will be paid in shares of Ambac common stock. The deal …
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Miami’s ‘Impossible’ Traffic Mess Shows Strains of Booming South

By Hometown Insurance | August 2, 2024
Former reality TV star Fredrik Eklund zips up and down Miami in a lilac Rolls-Royce with a turquoise interior, hunting for multi-million-dollar homes for the rich and powerful. That is, when he’s not stuck in the gridlock. Eklund, 47, is …
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Tropical System Could Bring Heavy Rains, Flooding to Parts of Florida

By Hometown Insurance | August 2, 2024
The National Hurricane Center is keeping an eye on a tropical wave that could strengthen over the weekend, bringing heavy rain to parts of Florida. Gov. Ron DeSantis declared a state of emergency for 50 Florida counties ahead of the …
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California Wildfire Now State’s Fourth Largest on Record, Containment Increased

By Hometown Insurance | August 2, 2024
Firefighters have increased containment on the Park Fire near Chico, California, which at 621 square miles as of Friday is now the fourth largest wildfire in history. The fire, which covers parts of four counties—Butte, Plumas, Shasta and Tehama—has a …
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Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

By Hometown Insurance | August 2, 2024
Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Based in Jacksonville and founded in 1977, US …
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