Posts by Hometown Insurance

Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major’s refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters. Western insurers withdrew cover from …

Four years before Category 4 Ian wiped out parts of southwest Florida, the state’s Panhandle had its own encounter with an even stronger hurricane, Michael. The Category 5 storm all but destroyed one town, fractured thousands of homes and businesses …

A storm packing strong winds and heavy rain lashed the New England coast on Friday with the greatest impact in Maine, where more than 100,000 homes and businesses lost power. The storm brought a gust of 72 mph (116 kph), …

The aftermath of the tornado that struck Smith Island is still visible two months after it carved a destructive path through the sparsely populated Chesapeake Bay archipelago. The EF1 tornado began as a waterspout that continued on land, damaged a …

Canopius Hires Liberty Mutual’s Johnson as CUO U.S. and Bermuda Canopius Group, a global specialty re/insurer, announced it has hired Coleman V. Johnson as its chief underwriting officer US and Bermuda. Johnson joins Canopius USA’s growing leadership team as the …

University of Iowa Hospitals & Clinics employees who say that overtime and other payments were improperly paid will receive $15 million as part of a class-action suit that was filed in 2019, according to documents filed Friday. The healthcare system …

A lawsuit filed this week against New Orleans Saints running back Alvin Kamara seeks $10 million in damages and a jury trial in connection to an assault in Las Vegas during Pro Bowl weekend. Kamara already faces a felony battery …

The parents of a northern Indiana teenager who died along with her boyfriend when a vehicle being chased by police crashed into their car in 2020 is suing the city of Mishawaka. The lawsuit filed by Elizabeth Johnson-Neher’s parents alleges …

With planting roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, wheat experts said. Planting plans may be scaled back in the U.S. breadbasket despite …

Some cities around the world are pulling back from shorelines, as rising seas from climate change increase flooding. But so far, retreat appears out of the question for Atlantic City, New Jersey. The breezy getaway town is on the water …