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Posts by Hometown Insurance

Severe Storms and Tornado Cause Damage and Power Outages in Michigan, Leaving 5 Dead

By Hometown Insurance | August 28, 2023
CANTON TOWNSHIP, Mich. (AP) – At least one tornado touched down in Michigan as part of severe storms powered by winds of up to 75 mph (121 kph) that downed trees, tore roofs off buildings and killed five people while …
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Louisiana Oil Refinery Fire Mostly Contained but Residents Worry About Air Quality

By Hometown Insurance | August 28, 2023
GARYVILLE, La. (AP) – Crews were still working to suppress flare-ups Saturday as a fire at a Louisiana oil refinery burned for a second day along the banks of the Mississippi River, while residents worried about health effects from the …
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Libor Zombies Pit Hedge Funds Against Banks, Insurers in High-Stakes Feud

By Hometown Insurance | August 28, 2023
One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting overnight profits for the hedge fund crowd of as much as 35%. The play: Load up on 1980s-era bank bonds …
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Nominations Open for ‘Best Agency to Work For’ Awards. Deadline Soon.

By Hometown Insurance | August 28, 2023
Is your agency a Best Place to Work? Then it’s time to nominate your agency as a “Best Agency to Work For.” To nominate your agency, you must be a current employee of the agency you are nominating. A MINIMUM …
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Appeals Court Blasts Insurer’s Conduct in Denying Claim Over Insured’s Conduct

By Hometown Insurance | August 28, 2023
Philadelphia Indemnity Insurance Co. is not entitled to the summary judgment it was granted by a federal district court in a building fire case in which it claimed the insured was not cooperative in accommodating its requests for examinations under …
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More Than 600 Firefighters, Water-Dropping Planes Struggle to Control Greece Wildfires

By Hometown Insurance | August 28, 2023
More than 600 firefighters, including reinforcements from several European countries and backed by a fleet of water-dropping planes and helicopters, were battling three major wildfires in Greece Sunday, two of which have been raging for days. A massive blaze in …
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Cyber Startup Wiz Is Weighing Potential Bid for SentinelOne

By Hometown Insurance | August 28, 2023
Closely held cloud cybersecurity company Wiz Inc. is considering a potential bid for SentinelOne Inc. in what would represent a rare move by a startup to buy a large listed company. Wiz spokesperson Tamar Harel said on Friday that the …
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Alabama Supreme Court Says Work on New Coastal Bridge Can Resume

By Hometown Insurance | August 28, 2023
The Alabama Supreme Court ruled Friday that the state can continue work on a new bridge that will give motorists an alternate route to state beaches. Justices reversed an injunction issued by a Montgomery judge that had halted work on …
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US Workers Exposed to Extreme Heat Have No Consistent Protection

By Hometown Insurance | August 28, 2023
Santos Brizuela spent more than two decades laboring outdoors, persisting despite a bout of heatstroke while cutting sugarcane in Mexico and chronic laryngitis from repeated exposure to the hot sun while on various other jobs. But last summer, while on …
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Man Kills Three in Racially Motivated Shooting at Jacksonville Store

By Hometown Insurance | August 28, 2023
A masked white man carrying at least one weapon bearing a swastika fatally shot three Black people inside a Florida store Saturday in an attack with a clear motive of racial hatred, officials said. The shooting in a Dollar General …
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