Posts by Hometown Insurance
UnitedHealth Unit Change Healthcare’s Pharmacy Network Back Online
UnitedHealth Group said Wednesday evening that its unit Change Healthcare’s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country’s healthcare system that depends heavily on insurance. Change Healthcare processes about 50% of medical …
Read More Twenty Armed People Board Cargo Ship off Coast of Somalia, Security Firm Says
Twenty armed people have boarded a cargo ship off the coast of Somalia and have taken control of it, a maritime security firm said on Tuesday. The vessel is the latest to be targeted following a resurgence of attacks by …
Read More Investigation Underway into Cause of Home Explosion That Killed 2 in Pittsburgh Suburb
A massive explosion killed two people and destroyed a house in the Pittsburgh area near the Ohio River, authorities said Tuesday. Aerial images from the scene in Crescent Township in the northwest Pittsburgh suburbs showed smoking ruins with the structure …
Read More 5 Killed, Including 3 Children, in Illinois School Bus Accident
RUSHVILLE, Ill. (AP) — Five people, including three children, were killed in western Illinois when a school bus and semitruck collided on a highway Monday, authorities said. The bus was traveling eastbound when it crossed the center line on U.S. …
Read More Missouri Captive Gross Written Premium Up 142%
The Missouri Captive Insurance industry increased its gross written premium by 142% in 2023, the Missouri Department of Commerce and Insurance (DCI) reported. The amount of written premiums in 2022 were $3,543,681,320 vs. $8,600,492,937 in 2023. This growth is attributed …
Read More Texas Committee to Investigate Panhandle Wildfires
LUBBOCK — Texas House Speaker Dade Phelan is creating a legislative committee to investigate the Texas Panhandle wildfires to ensure the state is prepared for future disasters. His Tuesday announcement comes more than two weeks after the deadly infernos first …
Read More Massachusetts Appeals Denial of Federal Disaster Aid for Fall Flooding
Massachusetts Gov. Maura Healey is appealing a decision of the Federal Emergency Management Agency to deny the state’s request for a major disaster declaration to support cities and towns battered by severe weather and flooding in September. Healey said the …
Read More Eggland’s Best Is Sued Over Saturated Fat Claims for Its Eggs
Eggland’s Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs. The proposed class action filed on Tuesday in federal court in Chicago by Richard Vilchis …
Read More Marsh Specialty: 2024 Elections to Direct Global Course for Next Decade-Plus
More than 60 elections will be held worldwide in 2024, and the outcomes will likely affect international relationships, drive policy uncertainty and disrupt markets, Marsh Specialty leaders said in a new political risk report. “The outcomes of the elections taking …
Read More Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation
Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers are just three of the strategies Aspen’s Chief Claims Officer Tony Rai suggests that insurers start undertaking—in concert with their …
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