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Posts by Hometown Insurance

What’s Happening at Fukushima Nuclear Plant 12 Years After Meltdown?

By Hometown Insurance | March 15, 2023
Twelve years after the triple reactor meltdowns at the Fukushima Daiichi nuclear power plant, Japan is preparing to release a massive amount of treated radioactive wastewater into the sea. Japanese officials say the release is unavoidable and should start soon. …
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Texas High Court: No Immunity for City that Closed Flood Gate During Downpour

By Hometown Insurance | March 15, 2023
Eleven property owners whose homes were flooded after a city of Brownsville official closed a flood gate may proceed with their claims against the city because of a statute that waives governmental immunity for damages caused by motor-driven equipment, the …
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Railroad: Broken Wheel Likely Caused Kansas Derailment

By Hometown Insurance | March 15, 2023
MCPHERSON, Kan. (AP) – Union Pacific officials believe that a broken wheel likely caused this weekend’s derailment that spilled denatured alcohol inside a Kansas refinery. Railroad spokeswoman Kristen South said crews continued to clean up the site of the derailment …
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Lawyer: $6.1M LSU Anti-Hazing Verdict Sends Powerful Message

By Hometown Insurance | March 15, 2023
NEW ORLEANS (AP) – A jury’s decision that a Louisiana State University fraternity pledge’s family is entitled to $6.1 million for his hazing-related alcohol death in 2017 sends a powerful message, the family’s attorney said Monday. Max Gruver, from the …
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Ohio Sues Norfolk Southern Over Train Derailment

By Hometown Insurance | March 15, 2023
The state of Ohio sued Norfolk Southern NSC.N Tuesday over the Feb. 3 derailment of a freight train that released over a million gallons of hazardous materials and pollutants into the environment around the town of East Palestine. “This derailment …
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Buttigieg Says Recent U.S. Aviation Close Calls ‘Deeply Troubling’

By Hometown Insurance | March 15, 2023
U.S. Transportation Secretary Pete Buttigieg said on Tuesday that a series of aviation close calls was “deeply troubling and deserve our immediate attention.” The Federal Aviation Administration (FAA) is holding a safety summit on Wednesday with airlines, unions, airports and …
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SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe

By Hometown Insurance | March 15, 2023
Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal Reserve as part of its probe of the bank’s failure, two people familiar with the matter said. SVB revealed in …
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Where Relationships Matter, Mergers Also Matter in Alabama

By Hometown Insurance | March 15, 2023
Less than eight months after two of Alabama’s oldest insurance agencies merged to create the Where Relationships Matter Group, the group has taken on another agency with offices in the southeast part of the state. WRM Group announced that it …
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Florida House Panel Approves Bill to End AOBs in Windshield Repair

By Hometown Insurance | March 15, 2023
Auto insurance and tort-reform groups are celebrating after a subcommittee of the Florida House Banking and Insurance Committee approved a bill that would ban assignment-of-benefits agreements for windshield repairs, a measure that proponents hope will stem a flood of litigation …
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Connecticut Jury Awards $20M in Worker’s Death From Asbestos Exposure

By Hometown Insurance | March 15, 2023
A Connecticut jury has delivered a $20 million verdict for the widow and family of John Peckham, who died in 2020 from mesothelioma after being exposed to asbestos while working with DAP “33” window glaze in the 1960s. The two …
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