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Posts by Hometown Insurance

Cyber Pirates Prowling Ship Controls Threaten Another Big Shock

By Hometown Insurance | June 28, 2022
In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard. Though the malware attack never controlled the vessel’s movement, authorities concluded that weak defenses exposed critical functions …
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Second Amtrak Crash in Two Days Kills Three in Missouri

By Hometown Insurance | June 28, 2022
One day after an Amtrak train crash killed three people in California, another Amtrak train, traveling from Los Angeles to Chicago, derailed Monday in Missouri, leaving at least three people dead and multiple people injured, authorities said. The train was …
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Travelers Championship Raised $2.5 Million for Charities

By Hometown Insurance | June 28, 2022
The Travelers Companies reported that the 2022 Travelers Championship generated more than $2.5 million for more than 130 charitable organizations. Since Travelers became title sponsor in 2007, the event has raised more than $25 million for more than 800 local …
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Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is

By Hometown Insurance | June 28, 2022
The Raleigh, North Carolina, Fire Department has ordered a wellness company to stop offering an oxygen-rich hyperbaric therapy treatment because of the fire risk. Officials with Restore Hyper Wellness tell the Raleigh News and Observer they are working with city …
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Names Released in WV Crash That Killed Six on Helicopter’s Last Flight

By Hometown Insurance | June 28, 2022
Medical examiners in West Virginia have released the names of six people killed in the crash of a Vietnam-era helicopter that gave tour rides. The aircraft crashed Wednesday during its last planned flight at an annual reunion for helicopter enthusiasts …
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China Launches Disaster Insurance Trials in 6 Cities Affected by Floods in 2021

By Hometown Insurance | June 28, 2022
China’s third-most populous province Henan will launch pilot programs for catastrophe insurance in six cities that were the hardest hit by historic floods last summer. Aside from its capital Zhengzhou, trials are to be set up in the cities Anyang, …
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Seven Taiwanese Insurers Have Not Received Russian Eurobond Payments: Regulator

By Hometown Insurance | June 28, 2022
Taiwan’s financial regulator said on Tuesday that seven Taiwanese insurance companies have not received interest due on May 27 on Russian Eurobonds after a grace period ended on Sunday evening. Russia defaulted on its international bonds for the first time …
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UK Home Insurer Policy Expert Considers £1 Billion Sale

By Hometown Insurance | June 28, 2022
UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2 billion), people with knowledge of the matter said. Investment firm Primary Group Ltd. is working with advisory firm Perella Weinberg …
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Judge Orders New Trial in Tesla Worker’s Race Bias Lawsuit

By Hometown Insurance | June 28, 2022
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc. owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award. U.S. District …
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DeSantis Appoints 3 Insurance Defense Attorneys as Workers’ Comp Judges

By Hometown Insurance | June 28, 2022
Florida Gov. Ron DeSantis has appointed three insurance defense attorneys to the state’s workers’ compensation bench. Jill Jacobs has worked as deputy city attorney for Palm Beach for the last seven years, handling many workers’ compensation claims from city workers. …
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