Posts by Hometown Insurance
Britain Rejects Call to Ban Gagging Orders in Financial Services Sector
Britain’s Finance Ministry on Tuesday rejected a call to ban non-disclosure agreements (NDAs), which can be used to silence victims of sexual harassment and abuse, arguing that such clauses do not stop staff reporting concerns to authorities. A report on …
Read More Insurance Research Council: Home Insurance Spend Outpaces Household Income Growth
According to the Insurance Research Council (IRS), the average homeowners insurance expenditure has become less affordable for U.S. consumers over time. Looking at the the years 2001 to 2021—the latest year in which relevant data is available—homeowners spent about 2% …
Read More US Workers’ Comp Line Still Showing Strong Profits, Lower Claim Frequency
Net written premium in the U.S. workers’ compensation insurance market grew by just 1% from 2022 to 2023, a far smaller percentage than most other property/casualty lines. However, the workers’ compensation line remains the most profitable segment, with a combined …
Read More The Surprising Force Stalling Climate Progress: California Restaurants
In the fight to ratchet down climate emissions and soothe the most dangerous effects of an overheating planet, one of the most withering setbacks in recent memory wasn’t delivered by the oil industry or coal excavators, but, rather, a group …
Read More High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits
A man injured when he was hit by a car while he was operating a low speed Segway electric scooter is not entitled to personal injury protection (PIP) benefits under New Jersey’s no-fault auto insurance law, the state’s Supreme Court …
Read More Farmers to Resume Offering Key Lines of Business Insurance in California
Farmers Insurance says it will resume accepting new business commercial multi-peril applications for auto service & repair, habitational, manufacturing, real estate and wholesale distribution policies in California. The action follows the insurer group’s recent decision to lift its temporary moratorium …
Read More Governor Signs Strengthen Oklahoma Homes Act Into Law
Oklahoma Governor Kevin Stitt has signed into law Monday a bill, which aims to provide financial grants to construct or retrofit homes, making them more resilient against the destructive forces of tornadoes, windstorms and hail. Under the new law, known …
Read More Teen Awarded $185K in Lawsuit Over Interference With Recording of Mother’s Arrest
NEW ORLEANS (AP) — A teenager who video-recorded his mother’s forceful arrest by Louisiana sheriff’s deputies in 2020 has been awarded $185,000 by a federal jury in a lawsuit filed over one deputy’s attempt to interfere with the recording. De’Shaun …
Read More Michigan Study Shows Potential for Real-Time Traffic Light Adjustments
As cars and trucks get smarter and more connected, the humble lights that have controlled the flow of traffic for more than a century could also be on the cusp of a major transformation. Researchers are exploring ways to use …
Read More Kansas Schools Turn to AI to Spot Guns
TOPEKA, Kan. (AP) — Kansas could soon offer up to $5 million in grants for schools to outfit surveillance cameras with artificial intelligence systems that can spot people carrying guns. But the governor needs to approve the expenditures and the …
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