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Posts by Hometown Insurance

Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders

By Hometown Insurance | August 23, 2023
Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known as “war risk premiums,” four traders said. A war risk premium was added to the common insurance costs for tankers …
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Small Businesses Give Record-High Ratings to Commercial Insurers: JD Power

By Hometown Insurance | August 23, 2023
Small businesses across the U.S. are increasingly satisfied with the products and services they receive from their commercial insurance providers. According to the 11th annual JD Power 2023 U.S. Small Commercial Insurance Study, overall customer satisfaction has reached an all-time …
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Lawsuit Says Gannett Discriminates Against White Workers to Meet Diversity Goals

By Hometown Insurance | August 23, 2023
Gannett Co Inc., the largest U.S. newspaper publisher, is facing a lawsuit claiming its efforts to diversify newsrooms led to discrimination against white workers. The proposed class action was filed in Virginia federal court on Friday by five current and …
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Deepfake Imposter Scams Are Driving a New Wave of Fraud

By Hometown Insurance | August 23, 2023
Computer-generated children’s voices so realistic they fool their own parents. Masks created with photos from social media that can penetrate a system protected by face ID. They sound like the stuff of science fiction, but these techniques are already available …
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Virginia Judge Says Medical Malpractice Law Does Not Apply to Sexual Abuse Claims

By Hometown Insurance | August 23, 2023
Most of the claims of sexual abuse and other mistreatment made in a lawsuit by dozens of former patients of a Virginia children`s hospital can move forward, a judge has ruled, rejecting arguments that many of the allegations were time-limited …
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Grant Extended to Fire-Harden Homes, Businesses Damaged by Oregon Wildfires

By Hometown Insurance | August 23, 2023
The Oregon Building Codes Division has partnered with counties on a grant to help homeowners and businesses rebuild after the 2020 and 2021 Oregon wildfires. People who own a home or business damaged or destroyed by the 2020 or 2021 …
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Weather Service Confirms Five Tornadoes Hit New England Last Week

By Hometown Insurance | August 23, 2023
The National Weather Service confirmed that a tornado touched down in Connecticut last Friday, joining a spate of four other twisters detected Friday in New England, including three in Massachusetts and another in Rhode Island. The Connecticut tornado touched down …
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Cause Still Unknown in Pennsylvania House Explosion That Killed 6

By Hometown Insurance | August 23, 2023
Three houses at the center of a recent explosion near Pittsburgh that killed six people will need to be torn down and 10 others are not currently inhabitable, county officials said over the weekend. The Aug. 12 blast in Plum …
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Activist Behind Affirmative Action Cases Sues Major Law Firms

By Hometown Insurance | August 22, 2023
A group founded by the conservative activist who led the successful U.S. Supreme Court challenge to the consideration of race in college admissions on Tuesday sued two major U.S. law firms over fellowships they offer to racial minorities and LGBT …
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Moody’s RMS Estimates $4B to $6B in Economic Losses from Hawaii Wildfires

By Hometown Insurance | August 22, 2023
Moody’s RMS issued estimates on Tuesday showing economic losses from the recent Lahaina Conflagration and Kula wildfires in Hawaii at $4 billion to $6 billion. The loss estimate reflects property damage, contents, and business interruption, across residential, commercial, industrial, automobile, …
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