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Posts by Hometown Insurance

Another Appeals Court Balks at Class Action Over Auto Insurers’ ACV Methods

By Hometown Insurance | April 28, 2026
In another win for auto insurers, a federal appeals last week struck down a proposed class-action lawsuit over the methods carriers use to value totaled vehicles. At least five appellate courts in the last few years have said “no” to …
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FEMA Restoring Slashed Flood Mitigation Funds, Now With $20M for SE Projects

By Hometown Insurance | April 28, 2026
A year after the Trump Administration attempted to halt funding for some resiliency programs, the Federal Emergency Management Administration announced almost $20 million in flood mitigation grants around the Southeast. The funding for projects in Alabama, Florida, Kentucky, Mississippi and …
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Inside World’s Largest Art Heist When $500M of Boston Museum’s Paintings Disappeared

By Hometown Insurance | April 28, 2026
For decades, the 1990 theft of 13 artworks from the Isabella Stewart Gardner Museum — now valued at more than $500 million — has remained unsolved. It remains the largest art theft in history — far surpassing more recent museum …
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Liberty Mutual Says Safeco Brand Is Officially Retired

By Hometown Insurance | April 27, 2026
The Safeco Insurance brand has gone the way of the dodo bird. It’s now all Limu Emu, all the time. Liberty Mutual said on April 27 that it followed through with what it said about a year ago and officially …
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Supreme Court Split Over Bayer’s Fight Against Roundup Lawsuits

By Hometown Insurance | April 27, 2026
The U.S. Supreme Court appeared divided on Monday over Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices heard arguments …
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Maryland Top Court Nixes Baltimore’s $152 Million Opioid Public Nuisance Verdict

By Hometown Insurance | April 27, 2026
The city of Baltimore suffered a defeat in its efforts to address the opioid epidemic last week when the Maryland Supreme Court vacated a $152 million public nuisance verdict won by the city against drug distributors McKesson and AmerisourceBergen. The …
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Midwest Braces for Severe Weather: Missouri, Illinois, and Indiana at High Risk

By Hometown Insurance | April 27, 2026
The Midwest is bracing for severe weather on Monday, including the threat of the excessive rainfall, hail damaging wind gusts and tornadoes. Missouri, Illinois and Indiana face the greatest risk of severe storms. Scattered large hail, flooding, severe and damaging …
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People Moves: Beazley Taps Khera From AXA XL as Head of Marine

By Hometown Insurance | April 27, 2026
Beazley, the specialty insurer, has announced the appointment of Sundeep Khera as head of Marine, effective April 21, 2026. As part of the Marine, Accident & Political (MAP) Risks team, Khera will lead the Marine, Energy, Aviation and Space teams, …
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Company Ordered to Compensate Worker Fired for Reporting Safety Concerns

By Hometown Insurance | April 27, 2026
The U.S. Department of Labor has ordered an inspection company to reinstate and compensate a terminated worker who reported safety concerns during installation of a natural gas pipeline in Watonga, Oklahoma. The department’s Occupational Safety and Health Administration investigated a …
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With Lower Q1 Insured Losses, Re/insurers Well-Placed for More Costly Quarters Ahead

By Hometown Insurance | April 27, 2026
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, …
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