Posts by Hometown Insurance
After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees
Just over three years ago, Florida lawmakers effectively ended one-way attorney fees, disincentivizing much of the costly property insurance claims litigation that had plagued the industry. Last week, a Florida appeals court issued what it called a “sea change” and …
Read More EXPLAINER-Can US Government Be Held Liable for LaGuardia Airport Collision?
Investigators are probing the potential causes of Sunday’s collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said 39 of the 76 passengers and crew …
Read More Meta, Google Lose Case Over Social Media Harm to Kids
A Los Angeles jury on Wednesday found Meta and Alphabet’s Google negligent for designing social media platforms that are harmful to young people, in a $6 million verdict that will serve as a bellwether for numerous similar cases. The jury …
Read More Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data
Chaucer Group, the London-based specialty re/insurance group, and Ceto AI, the maritime technology specialist, announced the launch of a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the arrangement, Ceto is authorized to bind marine hull …
Read More Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others
Sypher Insurance Exchange, the startup property insurer that the Florida Association of Insurance Agents invested in two years ago, has won a permit to operate from the Florida Office of Insurance Agents. The Tampa-based reciprocal now has until mid-May to …
Read More Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity
Brit Group Holdings Ltd., the London-based specialty re/insurer, announced the launch of “BRIDGE,” a new cargo consortium. The consortium, which will be one of the largest consortiums in the cargo market, is now writing business and offers cargo line capacity …
Read More US Supreme Court Backs Cox in Fight Over Pirated Music
The U.S. Supreme Court ruled on Wednesday Cox Communications cannot be held liable for piracy by its internet service subscribers of songs owned by Sony Music, Warner Music Group, Universal Music Group and other labels, ending their billion-dollar-plus music copyright …
Read More Ohio AG Sues Contractors for Allegedly Defrauding Consumers
In lawsuits filed recently in three counties, Ohio Attorney General Dave Yost accuses three home-improvement contractors and a builder of outdoor structures of defrauding consumers of $564,000 combined. “Homeowners trust contractors or businesses with their hard-earned money,” Attorney General Dave …
Read More Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme
Two New Orleans personal injury attorneys were found guilty last week of running a scheme to defraud insurance companies by staging fraudulent accidents. The U.S. Attorney’s Office and the Criminal Division of the U.S. Department of Justice announced that Vanessa …
Read More Chevron Warns California Risks Fuel Crisis Unless Iran War Eases
Chevron Corp. is warning that California is careening toward an energy crisis because of the Iran war and that the company may quit refining oil in the state unless officials roll back taxes and regulations. California, the most populous US …
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