Posts by Hometown Insurance
Insurance Costs Contributing to Texas Housing Affordability Crisis
More Texas homeowners and renters than ever are struggling with high housing costs — and the state’s high home prices have potentially put the dream of owning a home out-of-reach for a growing number of families. That’s according to a …
Read More Arkansas Sues Pharmacy Benefit Managers Over Alleged Role in Fueling Opioid Crisis
LITTLE ROCK, Ark. (AP) — Arkansas on Monday sued two pharmacy benefit managers that oversee coverage for insurers, employers and other large clients, accusing them of fueling the opioid crisis in the state. Attorney General Tim Griffin filed the lawsuit …
Read More Containment Grows on Wildfire Near Site of Most Destructive Blaze in California History
Residents of a California are near the town of Paradise, the site of the state’s most destructive wildfire in history, were ordered to evacuate and roads were closed this week as a wildfire spread. The Apache Fire in Palermo, which …
Read More Ozempic Maker Novo Plans Another $4.1 Billion US Factory
Novo Nordisk A/S plans to invest $4.1 billion in another US factory, plowing more money into its biggest market amid rising discontent over the cost of its obesity and diabetes drugs. The project in Clayton, North Carolina, will double the …
Read More Florida Family Files Tort Action Against NASA After Space Debris Damaged Home
A family in Naples, Florida, has filed suit against NASA, contending that debris from the International Space Station damaged their home and mental well-being when it crashed through the roof in March. The claim, filed under provisions of the Federal …
Read More Hackers Grow More Sinister and Brazen in Hunt for Bigger Ransoms
A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule life-altering cancer treatments. In North America, a gang tried auctioning off data about LendingTree Inc. customers after finding credentials in …
Read More Zurich to Buy AIG’s Travel Insurance Business for $600 Million
Zurich early Wednesday said it is purchasing the global personal travel insurance business of American International Group (AIG) for $600 million. The deal, according to Zurich, may include an additional payment if specific targets are met after the sale, which …
Read More Grocery Store Chain Settles Suit Alleging Sexual Harassment, Disability Discrimination
Regional grocery chain Weis Markets, Inc. has settled a sexual harassment and disability discrimination lawsuit filed by the Equal Employment Opportunity Commission (EEOC) on behalf of an employee, the federal agency announced. The charges included mandating that an employee participate …
Read More Florida Governor Suspends City Councilwoman Indicted on Insurance Fraud Charges
A Florida city council member has vowed to return to office after Gov. Ron DeSantis suspended her over allegations that her clinic overbilled and defrauded health insurers. The Miami Herald and multiple news outlets reported that Hialeah Councilwoman Angelico Pacheco …
Read More South Korea Halts Battery Maker’s Operations as It Probes Deadly Blaze
South Korean authorities ordered a halt on Wednesday to the operations of a manufacturer of lithium batteries after a fire killed 23 people, as they investigate three company officials for suspected safety violations. Monday’s fire at unlisted battery maker Aricell …
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