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Posts by Hometown Insurance

One Dead, 185 Structures Destroyed in Eastern Washington Wildfire

By Hometown Insurance | August 21, 2023
A wind-driven wildfire in eastern Washington state had destroyed at least 185 structures, closed a major highway and left one person dead over the weekend. The blaze began shortly after midday Friday on the west side of Medical Lake, about …
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NAIC to Ask for Data to Better Understand Property-Market Availability, Affordability

By Hometown Insurance | August 21, 2023
The National Association of Insurance Commissioners said at its Summer National Meeting that it plans to collect data from insurers in order to help insurance regulators better understand property markets, especially when it comes to availability affordability. “The increasing frequency …
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Family of NFL QB Haskins Reaches Settlement After Death on Florida Interstate

By Hometown Insurance | August 21, 2023
FORT LAUDERDALE, Fla. (AP) — The estate of late NFL quarterback Dwayne Haskins has reached a “partial settlement” in its lawsuit against the driver, the owner and the broker of the dump truck that struck and killed Haskins, the family`s …
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Court Nixes Suit Over New Jersey Gun Liability Law, Says Challengers ‘Jumped the Gun’

By Hometown Insurance | August 21, 2023
A federal appellate court has dismissed a lawsuit challenging a New Jersey law that allows the state attorney general to bring “public nuisance” claims against gun manufacturers and others who market firearms. A three-judge panel with the 3rd U.S. Circuit …
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Victims of Deadly Smoky Mountain Fire Get Another Chance at Lawsuits

By Hometown Insurance | August 21, 2023
GATLINBURG, Tenn. (AP) — Victims of a deadly 2016 wildfire that began in Great Smoky Mountains National Park before it burned through a Tennessee tourist town will have another chance to seek compensation from the federal government. Several lawsuits claim …
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How Satellites Are Helping Farmers Adapt to Climate Crisis

By Hometown Insurance | August 21, 2023
When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the result is bitter. Too late, and it’s overly sweet. It’s a delicate balance—one that’s increasingly being upended by the climate crisis. In …
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Firefighters Curb Blazes Threatening 2 Canada Cities With More Hot Weather Expected

By Hometown Insurance | August 21, 2023
Firefighters kept wildfires at bay near the capital of Canada`s Northwest Territories as well as a threatened city in British Columbia, though no one claimed victory as forecasters warned that drier and windier weather was coming. For Saturday at least, …
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Ukraine Weighs Using New Black Sea Export Corridor for Grain Shipments

By Hometown Insurance | August 21, 2023
Ukraine is considering using its newly tested wartime Black Sea export corridor for grain shipments after other cargo ships follow the first successful evacuation of a vessel on the route last week, a senior agricultural official said on Monday. Russia …
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US Insurance Giant Marsh Set for $448 Million Honan Deal

By Hometown Insurance | August 21, 2023
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand. The Marsh & McLennan Cos Inc. unit has signed a deal to buy out …
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Private Flood Insurers See Opportunity as NFIP Increases Rates

By Hometown Insurance | August 21, 2023
While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the private flood insurance market has seized the opportunity to grow its market share across the U.S., according to an issues …
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