Posts by Hometown Insurance

Classic car buyers in 2023 will want a diverse range of vehicles, including microcars, muscle cars, sport cars, and even exotics, according to specialty insurance provider, Hagerty. Hagerty released its 2023 U.S. Bull Market list, an annual collection of enthusiast …

According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations. FFT comprised 36% of of the company’s cyber claims – an all-time high – during the third quarter of 2022. This metric …

The New York State Workers’ Compensation Board acted within its authority when it barred a chiropractor accused of taking kickbacks from treating injured workers, a state appellate court ruled Thursday. The Third Department of the Appellate Division affirmed the dismissal …

The attacks that left two electrical substations in North Carolina riddled with gunfire and knocked out power to 45,000 homes and businesses underscores the fragility of US grids, experts said Monday. The FBI is investigating the assault that extensively damaged …

North Carolina’s insurance commissioner has asked insurers to give policyholders affected by power outages grace periods on paying premiums and filing claims. “This criminal act has had a significant impact on nearly 45,000 residents,” Commissioner Mike Causey said in a …

Pets can make a great addition to the family, bringing positivity and warmth to a household, but the digital devices associated with them could be a different story. While every fifth pet owner uses some type of digital device to …

E-cigarette maker Juul Labs on Tuesday said it has reached settlements with about 10,000 plaintiffs covering more than 5,000 cases in California. Juul did not disclose the settlement amount as part of the settlement and court process in the federal …

A letter provided by Russian insurer Ingosstrakh enabled the first oil tanker to sail through Turkish waters in recent days after tougher regulations were imposed by Turkish authorities, a document showed. This has led already at least 20 oil tankers …

Africa’s biggest health insurer said the number of heart-related deaths rose more than sixfold during the COVID-19 pandemic among the clients of one of its units. Discovery Employee Benefits, a unit of Johannesburg-based Discovery Ltd. that has more than half …

The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from natural disasters. The supranational lender has issued close to $2.6 billion of catastrophe bonds since 2014, including a …