Posts by Hometown Insurance
Foul Ball: Florida Appeals Court Says Detroit Tigers Owe Little to Injured Pitcher
If the Detroit Tigers Major League Baseball team needs money to rebuild its roster next year, a Florida appeals court just saved the team more than $14,000 in workers’ compensation payments to an injured minor league pitcher. Florida’s 1st District …
Read More London Hospitals Knew of Cyber Vulnerabilities Years Before Hack
A group of London hospitals struggling to contain the fallout from a cyberattack against a critical supplier had known for years about weaknesses that left them vulnerable to hacks, according to documents reviewed by Bloomberg News. The Guy’s and St …
Read More Houthi-Stricken Cargo Carrier’s Crew Abandons Ship Due to Fire
Crew members of a bulk cargo carrier struck by Houthi missiles abandoned ship Saturday after they couldn’t get fires on board under control, the US military said. The Iranian-backed militants struck the Verbena, a Ukrainian-owned, Polish-operated ship, in two missile …
Read More Denmark Seeks to Limit Shadow Tanker Fleet Carrying Russian Oil
Denmark is considering ways to limit a so-called shadow fleet of tankers from carrying Russian oil through the Baltic Sea, the Nordic country’s foreign minister said on Monday, in a move that could heighten tensions with Moscow. Russia sends about …
Read More Russia’s Ingosstrakh Weighs Legal Action After UK Sanctions
Russia’s Ingosstrakh said on Friday it may challenge UK sanctions in court and was seeking clarification about the measures imposed on the country’s leading insurer that the British government announced on Thursday. Ingosstrakh, which provides services to Russian oil exporters …
Read More Finland’s Sampo Makes $4.7 Billion Bid for Topdanmark
Finnish insurer Sampo has agreed to buy Topdanmark an all-share deal that values the Danish rival at 33 billion crowns ($4.73 billion), the two companies said on Monday. Sampo already owns 48.5% of the Danish property and casualty (P/C) insurer, …
Read More Business Liability Claims Litigation Jumped in 2023: Lex Machina
After holding relatively steady for nearly a decade, the number of business liability policy claims cases jumped 28% in 2023, according to a litigation report from Lex Machina. The report found that 3,596 business liability cases covering third-party claims regarding …
Read More Potent Hurricane Weather Pattern Continues to Take Shape, Forecaster Says
The hurricane season continues to look like it will be a highly active one, as a potent and portentous weather pattern continues to take shape, an AccuWeather meteorologist told Claims Journal on Friday. “It certainly looks like it’s going to …
Read More Questions Raised about FIGA Board Changes, Now With No Auto Insurer Reps
In May, Florida’s chief financial officer sent out a notice that he had appointed new members to the Florida Insurance Guaranty Association’s board of directors. Just a week later, though, one of those appointees, a State Farm employee, was replaced. …
Read More Judge Orders Retrial of Civil Case Against Contractor Accused of Abuse at Abu Ghraib
A judge on Friday ordered a retrial over allegations that a Virginia-based military contractor contributed to the abuse and torture of detainees at Iraq’s notorious Abu Ghraib prison two decades ago. A civil trial earlier this year ended with a …
Read More