Posts by Hometown Insurance
City of Austin to Pay $35M to Men Wrongly Accused in Yogurt Shop Murders
The city of Austin will pay $35 million to three men and the family of a fourth who were wrongly accused of the 1991 rape and murder of four teenage girls at a yogurt shop, a case that initially sent …
Read More Illinois Man Receives $300K Settlement From Dog Attack
An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …
Read More ‘Designed To Last’: American Family Launches Reality Competition Series on Hulu
American Family Insurance has launched a branded reality competition series, “Designed To Last,” a first-of-its-kind show that reimagines how to think about protecting homes and families against increasing climate risk. The four-episode series sponsored by American Family Insurance premiered May …
Read More Verisk Report Shows Drop in US Reconstruction Costs in 2Q
Reconstruction cost inflation in the U.S. cooled in the second quarter, offering a bit of relief for insurers and businesses.
Read More Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, …
Read More Tennessee Solar Ranch Aims to Prove Grazing Under the Panels is Sunny Side Up
From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity. But beneath these panels is lush pasture instead …
Read More Dream Finders Homes Offers $704 Million to Buy Rival Beazer
Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low. Jacksonville, Florida-based DFH is offering $25.75 per share in cash for Beazer, according to a statement …
Read More Chicago Museum’s ‘Knight Rider’ Car Ticketed for Speeding in NY Hasn’t Moved in Years
It’s a mystery on the streets of New York City. What traffic law violator with unpaid fines is driving a black Pontiac Trans Am that looks like the car with the talking computer from the 1980s TV series “Knight Rider,” …
Read More New Law Requires Insurance Rate Filings in Oklahoma to Undergo Review Process
Oklahoma Governor Kevin Stitt this week signed a bill that gives the insurance department the authority to review insurance rate changes before they can go into effect. Under House Bill 3781, all rates in competitive markets shall be filed 30 …
Read More El Niño Odds Rise as Storm and Crop Threats Intensify Globally
The odds are rising that a weather-roiling El Niño will emerge in the next few months and strengthen through the year, threatening global crop supplies, altering storm patterns and pushing temperatures toward record highs. There is an 82% chance El …
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