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Posts by Hometown Insurance

Outlook Positive, AI Use on the Rise for Independent Agents, Says Nationwide

By Hometown Insurance | July 25, 2024
Despite challenges posed by inflation, market volatility and rapidly changing technologies, independent agents remain positive about their businesses and report more optimistic perceptions of national business conditions than in 2023. The recent Nationwide Economic Impact Survey Report: Independent Insurance Agents …
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Explosion and Fire Hit Tequila Factory in Mexico, Killing at Least 5 Workers: Officials

By Hometown Insurance | July 25, 2024
An explosion and fire erupted inside a tequila factory Tuesday, killing at least five workers and injuring two others at the site in the liquor’s namesake town in Jalisco state, Mexican authorities said. The state Civil Protection agency announced late …
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Boeing Completes Deal to Plead Guilty Over 737 Max Crashes

By Hometown Insurance | July 25, 2024
Boeing Co. has completed an agreement with the US government to plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner, setting the stage for a possible courtroom confrontation with relatives of those who …
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Freight Train Runs Off Tracks, Smashes Into Residential Garage in Niagara Falls

By Hometown Insurance | July 25, 2024
NIAGARA FALLS, N.Y. (AP) — A freight locomotive ran off the end of its track and smashed into the side of a garage Monday at a home in the city of Niagara Falls. No one was injured, but the impact …
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Florida Coach and Co-Defendants Ask Court to Drop Jaden Rashada NIL Lawsuit

By Hometown Insurance | July 25, 2024
GAINESVILLE, Fla. (AP) — Florida coach Billy Napier and two co-defendants on Tuesday filed motions to dismiss quarterback Jaden Rashada’s lawsuit regarding a failed name, image and likeness deal worth nearly $14 million. Napier, Florida booster/automotive technology businessman Hugh Hathcock …
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King Insurance Adds Barnette Agency in NC, Gilbert Named President

By Hometown Insurance | July 25, 2024
Gainesville, Florida-based King Insurance Partners has acquired Barnette and Coates Inc., an agency in Henderson, North Carolina. Principal Jimmy Barnette said in a news release that the move will allow the agency to expand its access to resources and expertise. …
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Video: Whale Surfaces, Capsizes Fishing Boat Off New Hampshire Coast

By Hometown Insurance | July 25, 2024
Two fishermen are safe after a whale crashed onto their boat, capsizing it off the New Hampshire shore, according to the U.S. Coast Guard. The incident occurred Tuesday near Odiorne Point State Park in Rye. The two men, who were …
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Insured Losses From CrowdStrike Outage Could Reach $1.5B, CyberCube Says

By Hometown Insurance | July 25, 2024
Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday. A software bug in cybersecurity firm CrowdStrike’s quality-control system caused the software update that …
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Maine Provides Waterfront Communities With $21 Million to Rebuild From Winter Storms

By Hometown Insurance | July 25, 2024
Maine is providing more than $21 million in grants to help dozens of waterfront communities rebuild from a series of devastating storms this past winter. The storms brought flooding, damage and power outages to the Northeast, and were particularly damaging …
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Philippines Rushes to Contain Oil Spill From Sunken Tanker

By Hometown Insurance | July 25, 2024
Philippine authorities are rushing to contain an oil spill from a tanker that sank early Thursday, killing one crew member, after Typhoon Gaemi battered the nation. A Philippine-flagged tanker carrying 1.4 million liters of industrial fuel oil capsized 3.6 nautical …
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