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Posts by Hometown Insurance

Hacker Puts 23andMe User Data Up for Sale on the Internet

By Hometown Insurance | October 10, 2023
An anonymous hacker is claiming to be selling “millions” of genetic profiles cobbled together from hijacked 23andMe customer accounts. The seller suggested the profiles, which include email addresses, photos, gender, date of birth and DNA ancestry, could be used to …
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Most Homeowners Face Barriers to Improve Resiliency, Says APCIA Survey

By Hometown Insurance | October 10, 2023
As personal property owners face issues related to rising frequency and severity of natural catastrophes, a survey has found many do not have money or know where to start in order to mitigate damages. The American Property Casualty Insurance Association …
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Is Mar-a-Lago Worth $1 Billion? Valuations at the Core of Trump’s Fraud Trial

By Hometown Insurance | October 10, 2023
FORT LAUDERDALE, Fla. (AP) — How much is Donald Trump`s Mar-a-Lago worth? That`s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property`s value when he said it`s worth at least …
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SpaceX Paid Her $92K While Men Got $115K Suit in California Says

By Hometown Insurance | October 10, 2023
SpaceX was accused in a lawsuit of discrimination for allegedly paying women and minority employees less than their male and White co-workers. The proposed class action, which cites California’s Equal Pay Act, was filed in Los Angeles Superior Court by …
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Georgia Power to Pay $413M to Settle Lawsuit over Nuke Plant Cost Overruns

By Hometown Insurance | October 10, 2023
ATLANTA (AP) — Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on financial promises to one of its nuclear reactor partners. The payments to Oglethorpe Power Corp., announced Friday, could hold down …
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Amtrak Train Crash into Car in Vermont Kills Driver, Injures Passenger

By Hometown Insurance | October 10, 2023
An Amtrak passenger train crashed into an SUV in southeastern Vermont, killing the SUV`s driver and injuring his passenger, authorities said. The state police said 53-year-old Craig Hudson, of Brattleboro, died in the crash Friday in Vernon, a town of …
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Truist in Talks to Sell Insurance Business for $10 Billion: Report

By Hometown Insurance | October 10, 2023
Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people familiar with the matter. The potential deal would be the latest …
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New Jersey Attorney General Opens Inquiry Into Fatal Crash Involving Nadine Menendez

By Hometown Insurance | October 10, 2023
The New Jersey attorney general’s office has opened an inquiry into how local law enforcement handled an investigation into a fatal car crash that involved the then-future wife of U.S. Sen. Robert Menendez, according to a law enforcement official familiar …
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New Hampshire Helicopter Crash That Took Pilot’s Life Is Under Investigation

By Hometown Insurance | October 10, 2023
A helicopter crashed in the woods shortly after taking off in Croydon, New Hampshire, killing the pilot, the only person on board, authorities said. The craft was reported as missing for at least several hours. The helicopter had taken off …
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People Moves: Gallagher Re Taps RenRe’s Allard as Head of Global Credit & Political Risk; Sompo Int’l Names Heads of Claims, Distribution & Client Relationship Mgmt

By Hometown Insurance | October 10, 2023
This edition of International People Moves details appointments at Gallagher Re and Sompo International. A summary of these new hires follow here. Gallagher Re Taps RenRe’s Allard to Lead Global Credit & Political Risk Global reinsurance broker Gallagher Re has …
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