Posts by Hometown Insurance
What’s Happening at Fukushima Nuclear Plant 12 Years After Meltdown?
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. …
Read More Texas High Court: No Immunity for City that Closed Flood Gate During Downpour
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 …
Read More Railroad: Broken Wheel Likely Caused Kansas Derailment
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 …
Read More Lawyer: $6.1M LSU Anti-Hazing Verdict Sends Powerful Message
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 …
Read More Ohio Sues Norfolk Southern Over Train Derailment
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 …
Read More Buttigieg Says Recent U.S. Aviation Close Calls ‘Deeply Troubling’
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 …
Read More SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe
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 …
Read More Where Relationships Matter, Mergers Also Matter in Alabama
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 …
Read More Florida House Panel Approves Bill to End AOBs in Windshield Repair
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 …
Read More Connecticut Jury Awards $20M in Worker’s Death From Asbestos Exposure
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 …
Read More