Posts by Hometown Insurance
Norfolk Southern Looks to Others to Share Blame in February Derailment
Norfolk Southern says the owner of the rail car that caused the fiery Ohio derailment in February failed to properly maintain it in the years before the crash, and the railroad wants to make sure that company and the owners …
Read More Q2 Commercial P/C Rates Hold; Personal Lines Slightly Decrease: MaketScout
Like the first quarter of 2023, the composite rate for U.S. commercial property/casualty lines increased 5% in the second quarter, according to MarketScout’s Market Barometer. The Dallas-based distribution and underwriting company, a division of Novatae, said most lines of coverage …
Read More Kentucky Public Adjusters Must Now File Template Contracts with DOI
Public adjusters in Kentucky must now file template contracts with the state Department of Insurance. House Bill 232, signed by the governor in March, took effect at the end of June. It placed new restrictions on public claims adjusters, including …
Read More People Moves: Swiss Re Taps AGCS’s Shahkarami as Head P&C Solutions; BMS Re Hires 3 for Fac Team; QBE Canada Hires Liberty Mutual’s Mason as U/W Mgr, Property
This edition of International People Moves details appointments at Swiss Re, BMS Re, and QBE Canada. A summary of these new hires follows here. Swiss Re Taps AGCS’s Shahkarami as Head P&C Solutions Swiss Re has appointed Ali Shahkarami as …
Read More Canada’s Record Wildfire Season Set to Worsen as Heat Builds
Canada is bracing for higher-than-normal wildfire activity to continue into August, as soaring temperatures and drought turn much of the country’s vast forests into kindling. The Canada fire season, which normally runs from April to September, is barely half over …
Read More Tampa Installer Banned for Life After Leaving Hundreds of Pools Unfinished
Florida’s attorney general has taken extraordinary measures against a Tampa-based pool company, shutting down the company and securing a lifetime business ban against the owner, who left hundreds of swimming pools unfinished around the area. In a consent judgment in …
Read More World Sees Hottest June on Record as North Atlantic Temperatures Rise
Last month was the warmest June of the past three decades globally, with several places in western Europe hitting all-time records for the month, according to a report by Europe’s earth observation agency Copernicus. Ocean temperatures also rose to their …
Read More Nevada Secures $285M Opioid Settlement with Walgreens
The state of Nevada has reached a $285 million settlement with Walgreens regarding the pharmacy chain`s role in the opioid epidemic, the state`s top lawyer announced. The last in a series of multiyear settlements with pharmaceutical companies, retailers and others, …
Read More Ransomware Criminals Are Dumping Kids’ Private Files Online After School Hacks
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts. “Please do something,” begged a student in one leaked …
Read More Two New Jersey Firefighters Died Battling Fire on Cargo Ship Carrying 5,000 Cars
Two firefighters were killed battling a blaze that began when cars caught fire deep inside a cargo ship carrying 5,000 cars at a New Jersey port, Newark`s fire chief said Thursday. Responding firefighters found five to seven vehicles already on …
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