Posts by Hometown Insurance
Ohio AG Sues Contractor Accused of Scamming Residents
Ohio Attorney General Dave Yost last week filed a lawsuit against a contractor accused of soliciting Northeast Ohio residents for new roofs and siding replacement, only to ghost customers after accepting over $188,000 in payments. The lawsuit, filed on March …
Read More Miami Developer Indicted in Alleged $85M Fraud Scheme
A prominent Miami real estate developer could face years in prison after he was indicted last week on charges of leading a massive fraud scheme that allegedly diverted investor funding, deceived lenders and evaded taxes. Rishi Kapoor, 42, who until …
Read More State Farm California Homeowners 17% Rate Hike to Remain
The California Department of Insurance, State Farm, Consumer Watchdog agreed on rate request from the carrier to raise homeowners rates. The interim rate of 17% will remain in place, meaning there will be no additional impact to policyholders beyond the …
Read More Austin Shooting Response Raises Fresh Questions About Self-Driving Cars
A viral image from the March 1 shooting in downtown Austin — an autonomous vehicle blocking an ambulance from reaching the scene where a gunman fatally wounded three people and injured 15 others — has put a spotlight on driverless …
Read More Authorities Search Debris After Suspected Tornadoes Kill 6 in Michigan, Oklahoma
Authorities searched through rubble and debris in southern Michigan on Saturday after suspected tornadoes tore through the region and killed four people, including a 12-year-old boy, during powerful storms also blamed for two deaths in eastern Oklahoma. First responders from …
Read More Live Nation Reaches Settlement With DOJ in Antitrust Case
Live Nation Entertainment has reached a proposed settlement with the U.S. Justice Department, according to a court hearing on Monday. In the same hearing, it was disclosed that Live Nation is also in talks with state attorneys general to secure …
Read More Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off
A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first large oil tankers to leave the Persian Gulf since traffic through the vital chokepoint all but halted. The …
Read More Asia’s Rich Having Second Thoughts on Dubai as War Rages
Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles the city that has attracted billions from across the region in recent years. Several consultants told Bloomberg News they are getting calls from clients …
Read More Airline Shares Battered, Airfares Surge as Iran War Intensifies
Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes. Oil prices were trading more …
Read More Zurich to Buy Generali’s Irish Unit for €337 Million in Cash
Zurich Insurance Group AG agreed to buy Assicurazioni Generali SpA’s RedClick unit for €337 million ($389 million) in cash to expand its non-life business in Ireland. The two companies announced the deal in separate statements Monday, confirming an earlier Bloomberg …
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