Posts by Hometown Insurance

Abbott Laboratories’ Michigan plant, which was at the center of the U.S. baby formula shortage last year, faces a criminal investigation by the Justice Department, the Wall Street Journal reported on Friday. Panicked parents emptied baby formula aisles at supermarkets …

U.S. auto safety regulators on Monday closed a six-year-old investigation into 1.47 million Ford Explorer SUVs over reports of exhaust odors in vehicle compartments and exposure to carbon monoxide without seeking a recall. The National Highway Traffic Safety Administration (NHTSA) …

On Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks and other residents of his rural mobile …

The U.S. is directing $930 million toward reducing wildfire dangers in 10 western states by clearing trees and underbrush from national forests, the Biden administration announced Thursday, as officials struggle to contain destructive infernos that are being made worse by …

San Diego County will pay $12 million to settle a lawsuit by the family of a man who died after he was beaten, shocked with a stun gun and hogtied by sheriff’s deputies in 2015. The settlement approved by a …

Arcadian Risk Capital Ltd., a Bermuda-based managing general agent (MGA) and part of the “Class of 2020,” announced that it has entered into a direct and facultative (D&F) property binding arrangement with Aviva Insurance Ltd. UK. The multi-year agreement will …

Howden Tiger announced the creation of a new broking division, Howden Tiger Fac, which aligns the facultative, consortia, facilities expertise and specialty reinsurance capabilities from across the newly combined business. Howden Tiger Fac will be led in London by Gordon …

A woman died and her daughter was injured last week in central Kentucky after high winds caused a Denny’s restaurant sign to fall on their car. News outlets reported that the 1.3-ton sign crushed the car in Elizabethtown, about an …

A Massachusetts construction company charged with illegally dumping thousands of tons of contaminated fill in Rhode Island during a highway construction project says it has done nothing wrong. The Rhode Island attorney general’s office announced Wednesday that Barletta Heavy Division, …

Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia, but have made no “knee-jerk” withdrawal from any major market yet, executives said. The lessors …