Posts by Hometown Insurance

A federal court in New York has reiterated that a time lag between the date a trip-and-fall accident occurred and when the conduct alleged to have caused it took place does not itself relieve an insurer of its duty to …

When federal enforcers alleged in 2015 that New York surgeon Feng Qin had performed scores of medically unnecessary cardiac procedures on elderly patients, they decided not to pursue a time-consuming criminal case. Instead, prosecutors chose an easier, swifter legal strategy: …

Ryan Specialty said it has signed a definite agreement to buy national wholesale broker Socius Insurance Services from Abry Partners, employees, and other shareholders. Socius will become a part of RT Specialty, Ryan Specialty’s wholesale distribution specialty. Terms of the …

European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and EU regulators that could hamper how the tougher safeguards will be enforced. The European Commission, the EU’s executive body, on …

Activist investor Cevian Capital has sold almost its entire stake in British insurer Aviva, a spokesperson for the FTSE 100 company said on Wednesday. Cevian’s position in Aviva has fallen from more than 150 million shares at the peak in …

Whether it’s underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now. William Bennett, partner at law firm Saxe, Doernberger & Vita, said on this episode of The Insuring Cyber …

In certain concentrations, flammable vapors can ignite, leading to powerful explosions and leaving workers seriously injured or worse. For workers manufacturing plastic resin, the high heat used in the production process increases the risks. Despite the dangers, inspectors with the …

MADISON, Wis. (AP) – Wisconsin Republicans on Thursday announced plans to put $125 million aside to combat pollution from so-called forever chemicals, putting off a decision on what exactly to spend the money on. The influx of money to deal …

MINNEAPOLIS (AP) – The city of Minneapolis has agreed to a $700,000 settlement with family members who were locked inside two squad cars when police killed their father after officers refused their offers to try and help calm him down. …

A bipartisan bill proposed by federal lawmakers would provide farmers a discount on crop insurance premiums by planting cover crops. The Conversation Opportunity and Voluntary Environment Resilience (COVER) Act, proposed last week by Sen. Sherrod Brown, D-Ohio, and Reps. Sean …