Posts by Hometown Insurance
Investigators Probe Failure of Italy’s Vega C Rocket; Satellite Insurers Expect Profit Hit
An investigation is being launched after the latest version of Italy’s Vega C rocket failed on its second mission, destroying two Earth-imaging satellites and further complicating Europe’s access to space on top of the war in Ukraine. Launch firm Arianespace …
Read More NHTSA Investigating if Hertz Rented Unrepaired Recalled Vehicles
U.S. auto safety regulators said on Tuesday they are investigating if Hertz rented unrepaired recalled vehicles to customers. The National Highway Traffic Safety Administration (NHTSA) said in a filing made public on Tuesday it was in receipt of information that …
Read More Top White House Cybersecurity Official Plans to Step Down
The US’s first national cyber director, Chris Inglis, is planning to step down in the coming months, according to a person familiar with the matter. Inglis has worked as one of President Joe Biden’s top cybersecurity advisers at a time …
Read More Navajo Company Sues BNSF Railway Over Coal Transportation
One of the largest coal producers in the United States has sued a major freight railroad, alleging it breached a contract to transport coal from Montana for use overseas. The Navajo Transitional Energy Co. alleges that major shortcomings in BNSF …
Read More Limbo: United Policyholders, Agents Say They’ve Had No Response on Ian Claims
The Florida Legislature’s insurance rescue bill, approved last week, won’t take effect soon enough to help policyholders and insurance agents who’ve had no response from beleaguered United Property & Casualty Co. on Hurricane Ian claims. The lack of information has …
Read More People Moves: Powers Adds Goode in Colorado
Powers Insurance & Risk Management, headquartered in St. Louis, Missouri, has hired Keith Goode as a Colorado-based, remote commercial risk manager. Goode is responsible for generating leads, developing new business, and handling existing accounts in Colorado’s property and casualty marketplace. …
Read More Thousands Still Without Power in Northern California Following M6.4 Quake
Thousands of customers are still without power following a large earthquake in Northern California. A magnitude 6.4 earthquake struck northern California on Tuesday, according to the U.S. Geological Survey. Very strong shaking was reported from the quake, which struck in …
Read More Ohio’s Oberlin College Completes Paying Out $25M Judgment in Libel Lawsuit
OBERLIN. Ohio (AP) – Oberlin College has completed paying out a $25 million judgment to an Ohio bakery that won a libel lawsuit against the school after a shoplifting incident involving three Black students. The store’s owners, Allyn Gibson and …
Read More People Moves: Ohio Dept. of Insurance Restructures Office of Legal Services; N.D. Commissioner Godfread Elected VP of NAIC
Ohio Department of Insurance Office of Legal Services Restructured, Fitch Named Chief Legal Officer Ohio Department of Insurance has promoted several employees in the department’s Office of Legal Services, including naming Whitney Fitch as chief legal officer. Fitch, who joined …
Read More Texas Bankruptcy Judge Allows Sandy Hook Cases Against Jones to Proceed
HOUSTON (AP) – Cases can move forward against Alex Jones regarding the nearly $1.5 billion he’s ordered to pay families of Sandy Hook victims over his conspiracy theories about the 2012 school massacre, a federal bankruptcy judge ruled Monday, but …
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