Posts by Hometown Insurance
GE Vernova Must Continue Vineyard Wind Work While Payment Issues Play Out
A Massachusetts judge on Monday declined to lift an order that forced turbine supplier GE Vernova to continue work on the largest offshore wind farm in New England or to send its dispute with the $4.5 billion project’s developer, Vineyard …
Read More Ship Operators Urge Clear Rules to Return Hormuz to Normal
Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to offer clear rules allowing vessels to resume normal business via the Strait of Hormuz. Shipowners and maritime …
Read More Judge Blocks Trump Administration From Breaking Up Climate Research Center
A judge has temporarily blocked the National Science Foundation from dismantling the National Center for Atmospheric Research, or NCAR, a globally significant weather and climate research center based in Boulder, Colorado. Senior US District Judge R. Brooke Jackson on Monday …
Read More Viewpoint: How Climate Change Is Creating Uninsurable Areas Across Europe
As climate change makes extreme weather events more intense and frequent, “uninsurable areas” are becoming increasingly common. They are a clear demonstration that insurance – the mechanism through which modern societies deal with all kinds of risk – is structurally …
Read More M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring
A former mergers and acquisitions lawyer with top firms including Latham & Watkins and Goodwin Procter pleaded not guilty to charges that he led a massive insider trading ring that made tens of millions of dollars in illegal profits. Nicolo …
Read More Warmer World Means Bigger Hail and More Damage, Study Finds
Warming global temperatures will probably mean more hailstorms with larger and more damaging hailstones, a study published in a prestigious, peer-reviewed journal predicts, echoing troubling trends identified in by other data sources. “Here we show a 36.5%–42.1% increase in global …
Read More People Moves at Alfa, Alliant in the Southeast
Alfa Insurance, one of the largest property insurers in Alabama, named David Bailey senior vice president of claims, effective this week. Bailey, who recently served as regional vice president, takes over from Bryan Hubbard, who retired after 36 years at …
Read More People Moves: Pharmacists Mutual Appoints Gallagher to Board of Directors
Pharmacists Mutual Insurance Group announced the appointment of Felix Gallagher, PharmD, as Chair of its Board of Directors. Gallagher succeeds Sue Sutter, who has served as Board Chair since 2024 and concludes 21 years of service on the Board. Gallagher …
Read More Dallas Firefighters Were Responding to Gas Leak Before Deadly Apartment Blast
Firefighters responding to reports of a gas leak at a Dallas apartment complex had already arrived and were preparing to evacuate residents when the building exploded in a massive fireball, killing three people and injuring several more, the city’s fire …
Read More Corpus Christi Considers Building Desalination Plant
Corpus Christi City Council is set to discuss Tuesday whether to revive a controversial and ambitious endeavor to build a desalination plant to convert seawater into drinkable water — a project the council rejected nine months ago over high costs …
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