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Posts by Hometown Insurance

Wells Fargo Seeks to Settle ‘Banking While Black’ Mortgage Case

By Hometown Insurance | June 5, 2023
Wells Fargo & Co. is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them lower interest rates through refinancing and forcing them to pay more for loans. Lawyers for the bank and borrowers said …
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Connecticut Lawmakers Vote to Allow Use of Deadly Force Against Bears

By Hometown Insurance | June 5, 2023
Connecticut lawmakers voted Friday to take steps to protect people from the state’s growing bear population. But they stopped far short of a bear hunt and restrictions on people unintentionally feeding the hungry animals. The legislation, which cleared the House …
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3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement

By Hometown Insurance | June 5, 2023
The judge overseeing the 3M Co. “forever chemicals” case granted a trial delay the company requested so it can work out a settlement. The company on Sunday night asked the court to postpone its first federal trial over water pollution …
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Kentucky Tobacco Crop Insurance Fraud Ring Results in Two More Guilty Pleas

By Hometown Insurance | June 5, 2023
A Kentucky farmer and his sister-in-law have pleaded guilty to a multi-year scheme to defraud the Federal Crop Insurance Corp. and companies the FCIC reinsures. ARMTech Insurance Services, now part of AgriSompo North America, paid out on some of the …
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Washington Lawsuit Alleging Falsified Arrest Report Settled For $250K

By Hometown Insurance | June 5, 2023
A lawsuit filed by a Washington oyster farmer accusing a former county deputy of falsifying an arrest report and urging a person to lie during a domestic-violence investigation has been settled for $250, 000. Gerardo Rodarte, the owner of Samish …
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Tokio Marine Kiln Sets Up Cyber & Enterprise Risk Division

By Hometown Insurance | June 5, 2023
Specialist insurer Tokio Marine Kiln (TMK) has established a standalone Cyber & Enterprise Risk division as part of its effort to expand its presence in the cyber market. Led by Laila Khudairi, the Cyber & Enterprise Risk division comprises cyber, …
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2 Killed in Small Plane Crash at Airport in Mississippi

By Hometown Insurance | June 5, 2023
A small twin-engine aircraft crashed Saturday near hangars at Tupelo Regional Airport in northeastern Mississippi, killing two people, authorities said. The plane banked sharply after takeoff, witnesses told WCBI-TV, and came down beside the airport’s Army Aviation Support Facility. Video …
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Man Behind 2021 Walmart Fires Along Gulf Coast Sentenced to 18 years

By Hometown Insurance | June 5, 2023
An Alabama federal judge has sentenced the man who admits being the leader of a scheme to set fires to Walmart stores along the Gulf Coast to 18 years in prison – double the recommended sentence. As part of a …
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Chubb Launches Aviation Hub in Singapore, Led by Former QBE Underwriter

By Hometown Insurance | June 5, 2023
Chubb announced it has set up an aviation hub in Singapore to develop further its general aviation and aerospace business. The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets (CGM), …
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Russia Accuses U.S. Intelligence of Hacking Thousands of iPhones

By Hometown Insurance | June 5, 2023
Russia’s main security service accused a US intelligence agency of hacking several thousand iPhones, including devices belonging to Russian nationals and others linked to diplomatic missions and embassies in the country. The statement from Russia’s Federal Security Service, known as …
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