Posts by Hometown Insurance

Claims involving lightning in 2022 resulted in homeowners insurance payouts approaching $1 billion, according to the Insurance Information Institute. The total value of claims in 2022 attributable to lightning was $952 million, down from $1.3 billion in 2021, said Triple-I. …

The railroad industry sued to block new environmental rules in California, arguing they would force the premature retirement of about 25,000 diesel-powered locomotives across the country long before their zero-emission counterparts are ready to take their place. Those rules are …

A 71-year-old man was arrested Friday on suspicion of starting a forest fire that destroyed more than 100 homes last year near Yosemite National Park, California fire authorities said. Edward Fredrick Wackerman, of Mariposa, was arrested on suspicion of aggravated …

The swimming pool deck of a beachfront South Florida condominium that collapsed two years ago, killing 98 people, failed to comply with the original building codes and standards, did not stick to the original design, and had many areas of …

Damaging winds and possible tornadoes toppled trees, damaged buildings and blew cars off a highway Wednesday as powerful storms crossed the South from Texas to Florida to Georgia late last week. The National Weather Service issued numerous tornado warnings, mainly …

Thinksurance, a Frankfurt, Germany-headquartered insurtech specializing in digital insurance consultations for commercial and industrial clients in Europe, has raised $24 million in new funding. The capital comes from new investors as well as existing shareholders and will enable Thinksurance to …

Britain’s main opposition Labour Party on Monday pledged to turn the country into a clean energy superpower by 2030, saying it would overturn a ban on new onshore wind farms while respecting any oil and gas licenses granted before the …

For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology. What won’t be on display is the problem that has consumed time and attention of executives and consultants for the past …

After appointees of Florida Gov. Ron DeSantis took over Walt Disney World’s governing district earlier this year, its firefighters were among the few employees who publicly welcomed them with open arms. But that warm relationship is in jeopardy as a …

The son of a woman whose body was donated to Harvard Medical School for research purposes filed a class-action lawsuit on Friday on behalf of all families who believe their loved ones’ body parts were mishandled by the school’s former …