Posts by Hometown Insurance

Teva Pharmaceutical Industries Ltd. and AbbVie Inc. have finalized the terms of settlements worth more than $6.6 billion to resolve thousands of lawsuits by U.S. state and local governments over the marketing of opioid painkillers, the companies and lawyers for …

A California company seeking to build small electric aircraft says it will invest $118 million to construct a plant near Atlanta, eventually hiring up to 1,000 people. Archer Aviation, based in Santa Clara, California, said Monday that it would seek …

Florida officials this week announced the hard launch of My Safe Florida Home, a program that provides up to $10,000 grants for wind-mitigation efforts for homeowners in vulnerable areas. Once completed, the fortification work can result in significant discounts on …

FALLS CHURCH, Va. (AP) — The U.S. Supreme Court won’t hear an appeal from a Virginia school board that says it shouldn’t be held liable for the alleged sexual assault of a student by a classmate on a band trip. …

New York State Insurance Fund stepped right into the cannabis space as the state began passing out licenses in August to fill what would have likely been a large gap. New York’s adult-use cannabis market is forecast to reach more …

A Clark County, Washington, man was charged with stealing $127,000 in workers’ compensation benefits for working at his own construction business while claiming he was too injured to work. Daniel Joseph Lesieur, 54, of Washougal, pleaded not guilty to one …

Oregon’s workers’ compensation rates remain among the lowest in the nation, according to an analysis released by the Oregon Department of Consumer and Business Services. The biennial study ranks all 50 states and Washington, D.C., based on premium rates that …

China’s Fosun International Ltd. has appointed Deutsche Bank to advise on a potential sale of its stake in Hong Kong-based reinsurance company Peak Re, four people with knowledge of the matter told Reuters. The sale comes as the tourism-to-financials conglomerate …

COVERT, Mich. (AP) – The federal government has turned down a request for financial aid to restart a nuclear power plant in southwestern Michigan, the owner said. Holtec International said it was notified Friday by the U.S. Energy Department. The …

The New York Department of Financial Services announced it will issue temporary permits to qualified out-of-state independent insurance adjusters in order to expedite insurance claims in light of the winter storm that hit the state over the weekend. DFS Superintendent …