Posts by Hometown Insurance
World’s Largest Ports May Be Unusable by 2050 Without More Climate Action: Report
Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up decarbonization of the maritime sector and bring in new technology are vital, a study showed on Friday. Weather-related …
Read More Fire Restrictions Across Much Of Western Nevada Lifted After Six Weeks
Cooler temperatures and increasing moisture levels allowed state and federal public land managers last week to lift fire restrictions that have been in place across much of western Nevada since late July. An unusually mild wildfire season, combined with the …
Read More FirstChoice, a MarshBerry Company, Adds 500th Member to Network
MarshBerry, an investment banking and consulting firm serving the insurance distribution and wealth management industries based in Woodmere, Ohio, announced that FirstChoice, a MarshBerry Company, has welcomed its 500th member to the network. “We are so pleased to achieve this …
Read More Climate Change Drives Insurance Woes in Louisiana
A little over a year ago, Peter Gardner, a Louisiana developer, completed rehabbing an apartment building with 144 units and got a surprise so ugly it made him decide to move his business out of town. When the project began, …
Read More Illinois Plant Explosion Injures Eight People
A Sunday evening explosion in Archer-Daniels-Midland Co.’s processing complex in Decatur, Illinois, has injured at least eight people, according to the Decatur Fire Department. The blaze was largely under control within a few hours, but a crew remains on standby …
Read More Texas Power Grid Faces New Challenges Amid Summer Heat and High Demand
HOUSTON (AP) – Texas’ power grid has been under tremendous stress during this summer’s sweltering heat, with the state setting 10 new records for electricity demand. The grid`s reliability has been questioned by residents and lawmakers since a deadly winter …
Read More Wisconsin Sawmill to Pay $191,000 and Cease Hiring Children Under 16 Following Teenager’s Death on the Job
MADISON, Wis. (AP) – A northern Wisconsin sawmill has agreed to pay nearly $191, 000 and stop hiring children under 16 to settle a federal lawsuit labor regulators filed after a teenager was killed on the job this summer and …
Read More Judge Rules Against Consumer-Watchdog Anti-Discrimination Effort
A federal judge has ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not have broad authority to tackle discriminatory banking practices, handing a win to financial industry groups that sued the regulator. The American Bankers Association, the U.S. …
Read More KKR Invests Additional $1 Billion in USI to Become Largest Shareholder
USI Insurance Services said Monday that KKR is making a new equity investment of more than $1 billion to become USI’s largest shareholder. Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) in …
Read More Most Of West Maui Will Welcome Back Visitors Next Month
Most of West Maui will officially reopen to travelers Oct. 8 under a new wildfire emergency proclamation signed last week by Hawaii Gov. Josh Green. Nonessential travel to much of the island`s western coastline has been strongly discouraged since devastating …
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