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Posts by Hometown Insurance

Private Space-Station Maker Sued Over Claims Radio Bands Misused

By Hometown Insurance | March 28, 2024
Vast Space LLC, founded by cryptocurrency billionaire Jed McCaleb, is being sued by a former engineer who claimed he was fired for refusing to use improper radio frequencies in designs for a commercial space station the company hopes to launch …
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Deadly Lithium Battery Fires Force Lawmakers to Play Catch-Up on Safety

By Hometown Insurance | March 28, 2024
For a decade, Illinois state Sen. Sue Rezin has recognized the technological and economic potential of lithium-ion batteries. Rezin, a Republican who serves in a district that is a major chemical and energy industry hub southwest of Chicago, also recognizes …
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The Target Markets, The Institutes Launch Program Business Professional Designation

By Hometown Insurance | March 28, 2024
The Target Markets Program Administrators Association (TMPAA) and The Institutes Knowledge Group created a new credential for program insurance professionals, the Program Business Professional (PBP) designation. The PBP designation is set to officially launch in May at the upcoming TMPAA …
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Former California Insurance Agent Found Guilty of Taking $1.2M from Victims

By Hometown Insurance | March 28, 2024
Former licensed insurance agent Brett E. Lovett, 53, of Camarillo, California, was found guilty of 29 felony counts including grand theft, elder abuse, money laundering, and burglary after a 15-month California Department of Insurance investigation reportedly found he defrauded at …
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BlackRock Gets Legal Warning Over ESG Funds From Mississippi

By Hometown Insurance | March 28, 2024
BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm of making “fraudulent” statements regarding its climate strategy. This marks at least the second time BlackRock has faced legal action …
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Man Pleads Guilty to Hacking Computers of Georgia City Police and Medical Clinic

By Hometown Insurance | March 28, 2024
Robert Purbeck, also known as “Lifelock,” and “Studmaster,” who hacked into the computer servers of the police department of Newnan, Georgia and a medical clinic in Griffin, Georgia, has pleaded guilty to federal charges of computer fraud and abuse, according …
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Accuweather Predicts Above-Average 2024 Atlantic Hurricane Season

By Hometown Insurance | March 27, 2024
Accuweather meteorologists are predicting an above-average Atlantic hurricane season with as many as 20-25 named storms. The 2024 hurricane season is forecast to feature 8-12 hurricanes including 4-7 major hurricanes. This year has the potential to break the all-time record …
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People Moves: Lockton Taps Marsh’s Gill to Build Technology Specialty Practice

By Hometown Insurance | March 27, 2024
Lockton Taps Marsh’s Gill to Build Technology Specialty Practice Lockton, the independent insurance broker, announced that Manpreet “Preet” Gill is joining the firm’s technology specialty to build and grow a practice focused on developing creative solutions to address a variety …
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Dairy Cattle in Texas and Kansas Test Positive for Bird Flu

By Hometown Insurance | March 27, 2024
Milk from dairy cows in Texas and Kansas has tested positive for bird flu, U.S. officials said Monday. Officials with the Texas Animal Health Commission confirmed the flu virus is the Type A H5N1 strain, known for decades to cause …
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People Moves: Powers Insurance & Risk Management Hires Steinkoetter

By Hometown Insurance | March 27, 2024
Powers Insurance & Risk Management, headquartered in St. Louis, hired Josh Steinkoetter as a commercial lines sales account executive. Steinkoetter brings 20 years of experience in the insurance industry to the role. Before joining Powers, he was a risk management …
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