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Posts by Hometown Insurance

Witness Testifies on Seeking Sen. Menendez’s Help on Insurance, Trucking Probes

By Hometown Insurance | June 10, 2024
A New Jersey businessman took his star turn on the witness stand in the bribery case against Sen. Bob Menendez on Friday, telling a jury he believed he had a $200,000-to-$250,000 deal in 2018 for the Democrat to pressure the …
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Colorado Woman Handcuffed in Police Car Hit by Train Receives $8.5M Settlement

By Hometown Insurance | June 7, 2024
A Colorado woman who was seriously injured when a freight train hit the parked police vehicle in which she sat handcuffed has reached an $8.5 million settlement, a lawyer representing two of the involved police officers said. The city of …
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US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch

By Hometown Insurance | June 7, 2024
The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous surge in claims severity from higher inflation and supply …
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Carolina Insurance Agent Charged With Forging Life Insurance Policies on 16 People

By Hometown Insurance | June 7, 2024
North Carolina authorities have charged a Battleboro insurance agent with 74 counts after they said he forged life insurance applications for 16 people. Jonathan Michael Vlasak, 35, a licensed producer qualified to sell property, casualty, life and accident insurance, took …
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Louisiana’s Temple Meets With Insurers Ahead of Potentially Active Hurricane Season

By Hometown Insurance | June 7, 2024
Louisiana Insurance Commissioner Tim Temple recently met with 20 property and casualty insurers ahead of this year’s Atlantic Hurricane Season to make sure insurers are prepared to handle claims following a hurricane or other catastrophic event. “I thought this meeting …
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Man’s Body Found After Suburban Chicago Home Explodes

By Hometown Insurance | June 7, 2024
LAKE ZURICH, Ill. (AP) — The body of a 77-year-old man has been found after a house exploded in suburban Chicago. First responders found the home leveled after the explosion about 8:30 p.m. Tuesday in Lake Zurich, according to the …
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People Moves: AXIS Appoints Boulos and Ryan to Head US Ocean Marine

By Hometown Insurance | June 7, 2024
AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, appointed Paul Boulos and Rob Ryan as heads of ocean marine. Boulos and Ryan will be responsible for building a suite of ocean marine-related products into a comprehensive offering. Most recently, Boulos, …
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After 11 Deaths, Lawsuit, Arrests at Jail, Travelers Drops NC Sheriff’s Liability Coverage

By Hometown Insurance | June 7, 2024
After multiple deaths in the jail, criminal charges against an employee and alleged sexual relationships with inmates, a North Carolina sheriff’s office has lost its law enforcement liability insurance coverage from Travelers. The News & Observer and other news outlets …
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Texas County to Pay Female Deputies $1.5M to Settle Sexual Misconduct Suit

By Hometown Insurance | June 7, 2024
HOUSTON (AP) — A Texas county has agreed to pay a group of female deputies $1.5 million to settle a federal lawsuit that claimed they were abused and harassed when a constable’s office turned undercover operations into a drunken “playground …
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Netflix Sued in $170M ‘Baby Reindeer’ Defamation Lawsuit

By Hometown Insurance | June 7, 2024
Netflix was sued on Thursday for at least $170 million by a Scottish woman who said she was defamed over her portrayal as a stalker in the hit mini-series “Baby Reindeer.” The plaintiff Fiona Harvey has publicly claimed to be …
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