Posts by Hometown Insurance
Hyundai, Kia Recall 91,000 Vehicles Over Fire Risks, Urge Owners to Park Outside
Hyundai Motor and Kia said Thursday they are recalling more than 91,000 newer vehicles in the United States because of fire risks and urged owners to park outside and away from structures pending repairs. The recall covers Hyundai 2023-2024 Palisade, …
Read More GM Recalls Nearly 900 Vehicles With Takata Air Bag Inflators
General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash. The recall covers certain Chevrolet Camaro, Sonic and Volt vehicles as well as the …
Read More State Takeover of Nashville Airport Board Remains as Lawsuit Proceeds
A three-judge panel won`t stop Tennessee officials from taking over Nashville`s airport operations while a lawsuit challenging the recently enacted statute allowing the change moves forward. In a decision handed down Monday, the judges criticized Nashville city leaders for “inexplicably” …
Read More AP Review Reveals Problematic Dams in US, But Some States’ Data Not Released
A more than two-year investigation by The Associated Press identified scores of problematic dams nationwide, but New Jersey is excluded from the analysis because the state did not fully respond to the records requests. The investigation identified at least 1,680 …
Read More Root Inc. Narrows Q2 Net Loss to $37M, Remains Committed to Pricing Model
Insurtech Root Inc. posted a another net loss for the second quarter 2023 of about $37 million. The loss was a 62% improvement from the net loss of about $96 million during the same period in 2022. Over the first …
Read More Verisk Beats Wall Street Expectations on Q2 Earnings Report
Verisk Analytics Inc. (VRSK) on Wednesday reported second-quarter earnings of $196.9 million. The Jersey City, New Jersey-based company said it had profit of $1.35 per share. Earnings, adjusted for one-time gains and costs, were $1.51 per share. The results beat …
Read More A WV Teacher Was Caught on Video Abusing Students. Her District is Settling for $11M
A school district in West Virginia has reached settlements totaling over $11 million in lawsuits involving a teacher who abused special education students in her classroom, according to a media report. Seven lawsuits against Nancy Boggs and the Kanawha County …
Read More Thermo Fisher Settles with Family for Taking Woman’s Cells 70 Years Ago
BALTIMORE (AP) — More than 70 years after doctors at Johns Hopkins Hospital took Henrietta Lacks’ cervical cells without her knowledge, a lawyer for her descendants said they have reached a settlement with a biotechnology company that they accused of …
Read More Skanska Must Face the Music: Maritime Law Does Not Protect it from Fla. Storm Claims
A construction company whose barges came loose from their moorings during Hurricane Sally and damaged the Pensacola Bay Bridge will have to cope with some 900 claims by businesses and other parties that say they suffered economic damages while the …
Read More Ukraine Weighs Insuring Ships Going via ‘Grain Corridor’: Interfax-Ukraine
Ukraine is considering the possibility of insuring ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing Prime Minister Denys Shmyhal. “Now we are discussing in the government and, I am sure, we will make a decision …
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