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Posts by Hometown Insurance

Floodwaters Force People From Homes in Some Parts of Iowa

By Hometown Insurance | June 24, 2024
Floodwaters forced people out of their homes in parts of Iowa, the result of weeks of rain, while much of the United States longed for relief Saturday from yet another round of extraordinary heat. Sirens blared at 2 a.m. in …
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R&Q Files for Provisional Liquidation in Bermuda; Agrees to Sell Legacy Unit Inceptum

By Hometown Insurance | June 24, 2024
R&Q Insurance Holdings Ltd. confirmed that on June 21 it had filed with the Bermuda Supreme Court an application to appoint joint provisional liquidators to oversee the liquidation and ultimately the winding up of the company. The company anticipates that …
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Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US

By Hometown Insurance | June 24, 2024
FloodFlash announced its expansion to cover all mainland US locations. The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets are unable to quote, particularly in real estate, sports …
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Blaze at South Korea Lithium Battery Plant Kills 22 Workers

By Hometown Insurance | June 24, 2024
A lithium battery factory in South Korea was set on fire after multiple batteries exploded on Monday, killing 22 workers, most of them Chinese nationals, fire officials said. The fire and a series of explosions ripped through the factory run …
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Dallas Will Feel Like 107 With Heat and Humidity: Weather Watch

By Hometown Insurance | June 24, 2024
Heat advisories are in place across the central and southern US — from South Dakota to Texas. Dallas is forecast to see highs above 98F (36.6C) this week, but the humidity through Tuesday will make it feel closer to 107, …
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Ohio Pork Processing Plant Faces 43 Violations for Ammonia Exposure

By Hometown Insurance | June 24, 2024
A Sandusky, Ohio pork processing facility exposed workers to a release of ammonia gas, leading the U.S. Department of Labor to open two inspections and issue 43 violations of federal regulations. Investigators with the department’s Occupational Safety and Health Administration …
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Facial Recognition Startup Clearview AI Settles Privacy Suit for $50M

By Hometown Insurance | June 24, 2024
CHICAGO (AP) — Facial recognition startup Clearview AI reached a settlement Friday in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million. …
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Containment Grows on New Mexico Wildfires, as Rains and Cooler Weather Help

By Hometown Insurance | June 24, 2024
Containment has grown on a pair of New Mexico wildfires that caused that destroyed thousands of structures and forced the evacuation of more than 8,000 people. The Salt and South Fork fires have burned more than 25,000 acres. The South …
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FEMA Is Ready for Hurricane and Wildfire Seasons, but Money A Concern

By Hometown Insurance | June 24, 2024
The head of the Homeland Security Department said Friday that the agency tasked with responding to disasters across the country is prepared as it goes into what is expected to be an intense hurricane and wildfire season but he’s concerned …
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Lightning Strikes Near Travelers Golf Championship

By Hometown Insurance | June 24, 2024
Two people were taken to the hospital Saturday after lightning struck a tree near a home along a golf course that is hosting the PGA Tour’s Travelers Championship. The home is just north of the fifth green at TPC River …
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