Posts by Hometown Insurance
Digital Insurer Ranger Raises $5.25M With Assist From A-Rod for Agent Platform
Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection advisor. The round was …
Read More Texas Power Grid Operator Warns of Rolling Blackouts Amid Record Heat
The operator of Texas’s power grid on Sunday called on state residents for the second time this year to conserve energy, warning of potential rolling blackouts amid predictions for record-high temperatures on Monday. The state faces a “potential reserve capacity …
Read More Iowa Man Charged With Insurance Fraud
Stephen Allen Allgood Jr., age 33, of Eddyville, was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau.The charges against Allgood stem from an investigation …
Read More Applied Underwriters Bumps All Staff Salaries 10% to ‘Keep Up With Inflation’
Applied Underwriters on July 11 said it increased staff salaries across the board by 10% to keep up with inflation and its implications. The dramatic adjustment, far outpacing industry averages, came as predictions of inflation made by the company’s lead …
Read More Michigan Shop That Sold Gun in School Shooting Named in Suit
The parents of a teenager wounded during a mass shooting at Oxford High School in Michigan are suing the shop that sold the handgun used to kill four students and injure six other people. The complaint filed last week in …
Read More Louisiana Identifies State’s First Known Case of Monkeypox
Louisiana’s first detected cases of monkeypox have been found in a state resident and a visitor from out of state, the Louisiana Department of Health reported last week. “There are likely more undiagnosed human cases of monkeypox existing in Louisiana …
Read More Insurers Wrangle Over Amber Heard Defamation Costs
A little over a month after a jury found that actress Amber Heard had defamed ex-husband Johnny Depp, one insurer of Heard is asking a court to rule it has no obligation to indemnify her. New York Marine and General …
Read More Ford Recalls 100,000 Vehicles for Fire Risks, Expands Earlier Recall
Ford Motor Co. said July 8 it is issuing a new recall for 100,000 U.S. hybrid vehicles over fire risks, and expanding an earlier recall after a series of reported fires. The new recall covers certain 2020 through 2022 model-year …
Read More New York Accuses Drug Firm Teva of Lying About Opioid Role
New York’s attorney general on Monday said Teva Pharmaceutical Industries Ltd. lied to evade accountability for helping fuel the state’s opioid crisis, and should be restored to litigation where the Israeli company’s U.S. unit had been found liable. In a …
Read More Quake-Triggered Tsunami Would Hit Seattle In Minutes, New Report Shows
A new study published by the Washington State Department of Natural Resources shows a tsunami triggered by a major earthquake beneath Puget Sound would arrive at Seattle shores sooner and reach farther inland than previously thought. Models showed a tsunami …
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