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Posts by Hometown Insurance

Insurers: Washington’s Proposal for More Premium Increase Explanations May Delay Filings

By Hometown Insurance | March 17, 2023
Insurers say a new regulation proposed by Washington state Insurance Commissioner Mike Kreidler that requires them to explain premium increases to their policyholders in language consumers can understand has the potential to delay rate filings. Kreidler announced the proposed rule …
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Texas Church Ordered to Pay Back Wages After Concerns About Rodents, Insects

By Hometown Insurance | March 17, 2023
After a nutrition specialist employed at a Dallas, Texas childcare facility raised concerns about rodents, spiders and other insects in its cafeteria, kitchen and other areas, their employer acted far from charitably and terminated the worker in August 2021. After …
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Wind Farm in Southern Texas Draws Resistance

By Hometown Insurance | March 17, 2023
DEL RIO, Texas (AP) – Long before a Chinese spy balloon captivated and spooked the U.S. public, Kyle Bass foresaw what he deemed another foreign danger slated for skies above the Texas-Mexico border: wind turbines. Dozens of them, roughly 700 …
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Minnesota Meat Processing Company Accused of Employing Minors

By Hometown Insurance | March 17, 2023
A meat processing company in Minnesota employed children as young as 13 to work in hazardous conditions, such as operating meat grinders, while they worked overnight shifts and longer hours than allowed by law, the Minnesota Department of Labor and …
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London Market Insurers Publish Guidelines for Marine Casualty Claims

By Hometown Insurance | March 17, 2023
New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of shipping casualties. A protocol document seeks to promote more effective communication between different parties involved in responding to resulting insurance …
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Hawaii Businessman Sued for $2M After Grounding Luxury Yacht

By Hometown Insurance | March 17, 2023
A business owner whose luxury yacht ran aground and leaked diesel fuel into waters off the Hawaiian island of Maui last month is being sued for more than $2 million in damages by a trust that sold him the vessel. …
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Florida House, Senate Committees Advance Slightly Different Tort-Reform Measures

By Hometown Insurance | March 17, 2023
A Florida bill that would clamp further limits on attorney fees and litigation passed another Senate committee Thursday, moving it closer to a Senate floor vote. Senate Bill 236, sponsored by Sen. Travis Hutson, R-Palm Coast, differs slightly from a …
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Walmart Pumps $200M Into India’s PhonePe, to Build Insurance, Wealth Businesses

By Hometown Insurance | March 17, 2023
Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc. at a pre-money valuation of $12 billion. PhonePe, already India’s most valuable payments firm and among the country’s most highly valued startups, …
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Alabama Senate Panel Wants $1B in Pandemic Relief for Infrastructure, Broadband

By Hometown Insurance | March 17, 2023
Alabama lawmakers on Wednesday advanced a House-passed plan to use the state’s final $1 billion in federal pandemic relief funds largely on a mix of water and sewer infrastructure, broadband expansion and health care reimbursements. The Senate Finance and Taxation …
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Connecticut Gunmaker Sued by Son of Colorado Supermarket Shooting Victim

By Hometown Insurance | March 17, 2023
The son of one of 10 people killed at a Colorado supermarket in 2021 is suing gun-maker Sturm, Ruger & Co. over how it marketed the firearm used in the massacre – following the litigation road map set by families …
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