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Posts by Hometown Insurance

People Moves: Venbrook in California Names Lais Chief Marketing Officer

By Hometown Insurance | February 6, 2024
Venbrook Group, LLC, based in Woodland Hills, Calif., named Brooke Norton Lais chief marketing officer. Lais will define the strategic direction and development of the company’s marketing, planning, and communication activities, working across the retail, wholesale, programs and claims services …
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New Jersey Denies Bulkhead for Shore Town With Wrecked Sand Dunes

By Hometown Insurance | February 6, 2024
New Jersey is refusing to allow a shore town whose sand dunes have washed away in places to build a bulkhead to protect itself, ruling that no one is in imminent danger. The state Department of Environmental Protection told North …
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Lex Greensill’s Fraud Means Zurich Can’t Payout $400 Million, Insurer Argues

By Hometown Insurance | February 6, 2024
Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG’s administrators sued Zurich to recoup losses of …
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AccuWeather: Preliminary Damage and Loss from California Storms $9-$11B

By Hometown Insurance | February 5, 2024
The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be between $9 billion and $11 billion, according to AccuWeather estimates released on Monday. The atmospheric river hit California Saturday and …
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Louisiana Manufacturer to Pay $105K Over Age Discrimination Suit

By Hometown Insurance | February 5, 2024
J&M Industries, Inc., a manufacturing and distribution company based in Ponchatoula, Louisiana, has agreed to pay a former employee $105,000 to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According …
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Goose Found in Helicopter’s Flight Control System in Fatal Oklahoma Crash

By Hometown Insurance | February 5, 2024
A dead goose was found in part of the flight control system of a medical helicopter that crashed in western Oklahoma, killing all three people on board, according to a preliminary report by the National Transportation Safety Board. The report …
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Power Restored to BP Oil Refinery in Indiana After Temporary Shut Down

By Hometown Insurance | February 5, 2024
WHITING, Ind. (AP) — Power has been restored to BP’s sprawling oil refinery in northwest Indiana following an outage that prompted the company to temporarily shut down the complex and evacuate workers, BP said last Friday. BP spokesperson Christina Audisho …
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Contractor Reaches $25M Settlement in Flint, Michigan Water Crisis Suit

By Hometown Insurance | February 5, 2024
FLINT, Mich. (AP) — A second contractor said last Thursday that it has reached a $25 million settlement over its role in Flint, Michigan’s lead-contaminated water scandal. The class-action litigation agreement includes payments of $1,500 for individual minors, according to …
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Pennsylvania’s 7.8% Workers’ Compensation Cut Takes Effect in April

By Hometown Insurance | February 5, 2024
Pennsylvania workers’ compensation rates will be going down for employers beginning April 1. Insurance Commissioner Mike Humphreys on January 23 approved an overall decrease in loss costs of -7.88%, more than doubling last year’s decrease of -3.33%. Humphreys approved the …
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Driverless Cars Covered 5x More Test Miles in California in 2023

By Hometown Insurance | February 5, 2024
Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year’s total, even as concerns rose in the wake of a Cruise robotaxi accident, state data on vehicle testing released on Friday showed. …
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