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Posts by Hometown Insurance

Florida’s SB 2A Ended One-Way Legal Fees. Now Some Insurers Say it’s Retroactive

By Hometown Insurance | March 1, 2023
Plaintiffs’ attorneys took it on the chin when Florida lawmakers in December approved Senate Bill 2A, which ended the practice of one-way attorney fees in property insurance litigation. Now, though, a number of insurance carriers and defense firms insist that …
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No Injuries Reported as Train Hits Tractor Trailer in Vermont

By Hometown Insurance | March 1, 2023
No injuries were reported in a collision between an Amtrak train carrying 66 passengers and a tractor-trailer in Vermont on Monday, state police said. The train, which was traveling from St. Albans to Washington, D.C., hit the trailer section of …
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New Hampshire Roofing Contractor Faces $234K in OSHA Penalties

By Hometown Insurance | March 1, 2023
Federal workplace safety inspectors have again cited a Derry, New Hampshire contractor for not protecting their employees against potentially lethal falls, this time at worksites in Merrimack and Salem. The Occupational Safety and Health Administration reprted that its inspectors found …
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Nevada Board Voting on $330M in Additional Tesla Tax Breaks

By Hometown Insurance | March 1, 2023
Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on …
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Cyberattack on Boston Labor Union Results in $6.4M Loss

By Hometown Insurance | March 1, 2023
A cyberattack on a Boston-based labor union’s health fund resulted in the loss of $6.4 million, but it does not appear that the personal information of members was stolen or compromised, union officials said. Federal and local law enforcement agencies …
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Dam Owner Fined $1M in Field Turf Pollution of Washington River

By Hometown Insurance | March 1, 2023
A company that operates a century-old hydroelectric dam near Mount Rainier National Park and its chief operating officer each pleaded guilty to a single criminal count Monday in connection with a spill of synthetic field turf and the tiny rubber …
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People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President

By Hometown Insurance | February 28, 2023
Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has named Abel Travis its new senior vice president, affiliate operations. Travis will lead agency enterprises, American Church Group, LLC, and …
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Study Says Back-to-Back Hurricanes Likely to Come More Often

By Hometown Insurance | February 28, 2023
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will make back-to-back storms more …
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Progressive CEO: Early Rate Actions Helped Growth

By Hometown Insurance | February 28, 2023
Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the prior year, due to losses in its investment portfolio. However, Chief Executive Officer Tricia Griffith in a letter to shareholders …
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Ohio Residents, Norfolk Southern Strike a Deal on Crash Evidence

By Hometown Insurance | February 28, 2023
Ohio residents suing Norfolk Southern Corp NSC.N will get an extra day to inspect rail cars that spilled a toxic chemical during a train derailment this month before the company clears the crash site, according to a deal struck by …
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