Posts by Hometown Insurance
Brink’s Driver Was Asleep During California Jewelry Heist, Lawsuit Says
One of the drivers of a Brink’s tractor-trailer was asleep inside the big rig, parked near a remote Southern California rest stop earlier this summer, when thieves broke a lock and stole millions of dollars worth of jewelry and gemstones, …
Read More NCCI Recommends 8.4% Cut in Florida Workers’ Comp Rates for 2023
The National Council on Compensation Insurance is recommending an average 8.4% cut in workers’ compensation rates for the Florida voluntary market – the seventh straight reduction and double the size of the decrease for last year. The recommendation, which will …
Read More Erie Insurance Launches Venture Capital Fund
Pennsylvania-based Erie Insurance has launched Erie Strategic Ventures to invest in innovations in risk avoidance, claims, underwriting, digital sales, agency productivity, and products and services for home, families and small businesses. Erie said the venture fund is stage and geography …
Read More State Farm to Pay $100 Million to Federal Government for Hurricane Katrina Claims
State Farm Fire and Casualty Co. and two former claims-adjuster sisters, who more than 16 years ago filed a lawsuit claiming the insurer committed fraud against the government’s National Flood Insurance Program following Hurricane Katrina, have settled. According to documents …
Read More Hub Acquires Winter Harbor Agency in Massachusetts
Global insurance broker Hub International reports it has acquired the assets of Winter Harbor Insurance Group. Located in Woburn, Massachusetts, Winter Harbor Insurance Group is an independent insurance agency providing commercial and personal insurance. Jimmy Aiken, president of Winter Harbor, …
Read More Gas Producer Santos Faces New Climate Claim in Landmark Greenwashing Case
Activists mounting one of the world’s first legal challenges over corporate greenwashing have expanded a case against gas producer Santos Ltd., raising fresh allegations about the company’s climate plans. A suit filed against the oil and gas producer is the …
Read More Indian Ocean Off Coast of Somalia to Lose ‘High-Risk Area’ Designation as Piracy Drops
The global shipping industry agreed to declassify the Indian Ocean coastline off Somalia as a “high-risk area” following years of successful counter-piracy operations. The change was approved by marine groups including the International Chamber of Shipping and will be operational …
Read More Russian Coal Exports Effectively Halted by EU Ban, With Re/Insurance as Key Factor
Russian coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel to anywhere in the world. Suek JSC, Russia’s largest thermal coal miner, was unable to ship the fuel …
Read More Judge Dismisses Former Nebraska Officer’s Discrimination Lawsuit
A judge has dismissed the discrimination lawsuit of a former Lincoln, Nebraska Police Department spokeswoman, saying her allegations did not sufficiently prove a hostile work environment. Erin Spilker said in her lawsuit that she faced years of discrimination and that …
Read More Weather Whiplash: Summer Lurches From Drought to Flood
Parts of northern Texas, mired in a drought labeled as extreme and exceptional, are flooding under torrential rain. In a drought. Sound familiar? It should. The Dallas region is just the latest drought-suffering-but-flooded locale during a summer of extreme weather …
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