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Posts by Hometown Insurance

More SE Houses Being Built to Withstand Hurricanes – and Cut Emissions

By Hometown Insurance | November 6, 2023
When Hurricane Michael hit the Florida Panhandle five years ago, it left boats, cars and trucks piled up to the windows of Bonny Paulson`s home in the tiny coastal community of Mexico Beach, Florida, even though the house rests on …
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Judge Rules Ex-UCLA Gynecologist Can Be Retried on Charges of Sexually Abusing Female Patients

By Hometown Insurance | November 6, 2023
A former gynecologist at the University of California, Los Angeles who was sentenced to prison for sexually abusing student patients can be retried on charges involving additional women, a judge ruled. A Superior Court judge granted a prosecution request to …
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California Jury Awards $332M to Man Who Blamed His Cancer on Use of Roundup

By Hometown Insurance | November 6, 2023
A California jury has awarded $332 million to a man who sued chemical giant Monsanto Co. contending that his cancer was related to decades of using its Roundup weedkiller. A San Diego Superior Court jury awarded damages in a lawsuit …
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Supreme Court to Hear Free Speech Complaint by NRA Against New York Regulator

By Hometown Insurance | November 6, 2023
The U.S. Supreme Court last Friday agreed to hear an appeal by the National Rifle Association of a case in which it accuses a New York insurance regulator of violating its free speech rights when she urged insurance companies and …
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More Highly Contagious Avian Flu Found at Alabama Chicken Farm

By Hometown Insurance | November 6, 2023
MONTGOMERY, Ala. (AP) — After confirming the presence of highly pathogenic avian flu in a flock of chickens, nearly 48,000 birds were killed at a north Alabama farm, state agriculture officials said. A Marshall County commercial pullet farm — one …
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Arthur J. Gallagher & Co. Acquires Ireland’s Keaney Insurance Brokers

By Hometown Insurance | November 6, 2023
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd. Terms of the transaction were not disclosed. Keaney is a commercial insurance broker that supports businesses across Ireland with insurance …
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Markets/Coverages: Coalition Offers Active Cyber Insurance in Australia

By Hometown Insurance | November 6, 2023
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, launched its suite of innovative Active Cyber Insurance products in Australia. Active Cyber Insurance works with organizations to help them understand their cyber risk profiles, improve their defenses, and, …
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World’s Most Toxic Air Prompts Indian Executives to Criticize Government’s Handling

By Hometown Insurance | November 6, 2023
New Delhi’s pollution hit hazardous levels on Friday, forcing the city to shut schools and impose emergency measures, and prompting public criticism from Indian business executives over the government’s handling of the situation. With the air quality index as high …
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Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023

By Hometown Insurance | November 6, 2023
Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple-I) and Milliman. The hard market …
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Boeing Says ‘Cyber Incident’ Hit Parts Business After Ransom Threat

By Hometown Insurance | November 6, 2023
Boeing, one of the world’s largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a law enforcement probe into it. Boeing acknowledged the …
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