Posts by Hometown Insurance

TOWN OF MAPLE GROVE, Wis. (AP) — Authorities investigating a bonfire explosion over the weekend in eastern Wisconsin said Monday that as many as 40 people might have been injured in the blaze, including some who were seriously hurt. The …

he Biden administration will announce on Wednesday it is awarding $2.8 billion in grants for projects to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production, a White House official told Reuters. The White House is also launching …

Two of the largest insurance agency partnerships in the South have merged, creating the nation’s fourth-largest partnership, with some $600 million in property/casualty revenue, the groups announced. Georgia Agency Partners, an agency group with 30 officies in the Southeast, has …

Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for example, hackers suspected of working for …

A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed to “plausibly plead” that they are entitled to coverage under their Erie policies. The ruling by U.S. District Judge Mark …

Third quarter net income at Travelers Companies dropped 31%, compared with the same period a year ago, to $454 million. The P/C insurer said net income fell due to lower core income – $526 million compared with $655 million last …

A jury in King County, Washington, awarded $275 million to ten students and parents who say they suffered serious neurological injuries from chemical exposure at a school northeast of Seattle. The lawsuit against Bayer Pharmaceuticals is the fourth to result …

Federal authorities are investigating what may have caused a small plane to crash into a house in a south Florida neighborhood, killing the pilot and a passenger early this week. The single-engine Aventura II went down just before noon on …

A group that works with union pension funds is pressing Hyundai Motor Co to respond to reports of child labor at U.S. parts suppliers, warning of potential reputational damage to the Korean automaker. SOC Investment Group, which works with union …

Arch Capital Group Ltd., the Bermuda-based re/insurer, reports that its 2022 third quarter results will be negatively affected by claims from global catastrophe events such as Hurricane Ian, U.S. convective storms, Typhoon Nanmadol (which hit Japan in September), and French …