Posts by Hometown Insurance

A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …

A Florida appeals court today struck down the $216 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …

Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …

A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …

Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …

A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …

Data analytics firm Verisk Analytics cut its annual revenue forecast below Wall Street estimates on Wednesday, sending shares down 8.7% in premarket trading. A slowdown in severe weather events weighed on demand for Verisk’s catastrophe risk models, a key revenue …

Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …

Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters said the colossal amount …

Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …