Posts by Hometown Insurance
Port Arthur, Texas Refinery to Pay $1.4M Settlement Over Clean Air Act Violation
Texas Attorney General Ken announced a $1.4 million settlement in an environmental enforcement action against a Port Arthur refinery operated by TotalEnergies Petrochemicals & Refining USA, Inc. (“TotalEnergies”). The Port Arthur refinery violated the Texas Clean Air Act while emitting …
Read More Cyclone Mocha Hits Bangladesh, Myanmar, Forcing Mass Evacuations
Cyclone Mocha made landfall on Sunday as Bangladesh and Myanmar evacuated hundreds of thousands of people on fears of widespread destruction to one of the most vulnerable areas in the region. The storm is set to cross the world’s biggest …
Read More London Judge Dismisses Lawsuit Accusing Shell Board of Climate Failures
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks. In a decision published Friday the judge threw ClientEarth’s suit out before a full hearing as there isn’t a clear case against …
Read More Hedge Fund Manager Loeb Drops Buyout of $1.5B Re/insurer SiriusPoint
Hedge fund manager Dan Loeb said he’s no longer exploring an acquisition of specialist insurance underwriter SiriusPoint Ltd. Loeb held exploratory discussions with Bermuda-based SiriusPoint about a potential deal to take the company private, but the parties weren’t able to …
Read More Data of 237,000 Government Employees Breached
The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (USDOT), sources briefed on the matter said on Friday. The breach hit systems for processing TRANServe transit …
Read More Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917
America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department …
Read More NHTSA Demands Recall of 67 Million Air Bag Inflators
The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator’s request, documents released on Friday show. …
Read More Want to Limit Roof Claims in Florida? Why Not a Roof Endorsement?
Editor’s note: The Florida Legislature’s 2023 regular session concluded May 5, but people in the property insurance industry continue to offer ideas for the state’s distressed market. Here’s one from independent adjuster Ben Mandell. I am an independent insurance adjuster. …
Read More Driver Falls Asleep, 18-wheeler Hits Federal Courthouse in Georgia
A federal courthouse in Georgia was damaged when the driver of a tractor trailer fell asleep and the truck hit the building last week. The crash into the J. Roy Rowland Federal Courthouse in Dublin happened at about 12:30 a.m. …
Read More Illinois Governor Signs Law Giving Benefits to Chicago First Responders Disabled by COVID
Gov. J.B. Pritzker this week signed a law providing full disability benefits to Chicago police officers and firefighters struck by COVID-19 before vaccines were available, presiding over an emotional statehouse ceremony which marked the end of a financial struggle for …
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