Posts by Hometown Insurance

Bayer AG agreed to pay $40 million to resolve US lawsuits linked to allegations that company officials bribed hospitals and physicians to use its drugs. The settlement stems from two “whistle-blower” suits filed by ex-marketing employee Laurie Simpson almost two …

Texas, California, Florida, Illinois, and Colorado are all places where your car is most likely to be gone in 60 seconds. Vehicle thefts have skyrocketed in many areas of the U.S., according to the recently released National Insurance Crime Bureau’s …

Recent developments have sparked new debate about the role that Citizens Property Insurance Corp. should play in Florida’s rapidly shifting property insurance market, with potential changes that could affect agents, other carriers and homeowners for years to come. At a …

Insurers that rescinded general liability policies issued to landlords who misrepresented their exposure to lead paint claims owe no coverage to 12 plaintiffs who had not yet obtained final court judgments, Maryland’s high court ruled. The Court of Appeals on …

RT Specialty, the wholesale insurance distributor of Ryan Specialty, has announced a new and exclusive excess cyber facility. This new facility brings additional capacity and creative insurance solutions to the cyber market. The new facility offers up to $15 million …

The family of an Oklahoma police officer killed when a truck struck the motorcycle he was riding while on duty is suing the driver and his employer. The wrongful death lawsuit, dated last Friday, on behalf of Edmond Officer C.J. …

On Aug. 29, the U.S. District Court in the Eastern District of Michigan awarded a default judgment, granting the proposed $10 million civil penalty against Diesel Ops LLC and Orion Diesel LLC of Waterford, Michigan. The violations the United States …

Cotton production has been decimated by drought and extreme heat this year, costing Texas High Plains farmers and other agricultural industries at least $2 billion, according to one estimate. “There’s just not much crop out there,” said Brad Heffington, a …

A 26-year-old worker at Louis Armstrong New Orleans International Airport was killed after an accident while unloading baggage from a Frontier Airlines flight, authorities said. The Jefferson Parish Coroner’s Office on Wednesday identified the victim as Jermani Thompson, of Reserve, …

Two U.S. military veterans on Thursday sued 3M Co. to block its planned spinoff of its healthcare business, which they called an illegal attempt to avoid compensating veterans for hearing damage caused by the company’s military-issue earplugs. The veterans said …