Posts by Hometown Insurance
UPS Plane That Crashed Had ‘Fatigue Cracks’ in Engine Mount, Preliminary Report Finds
The United Parcel Service Inc. freighter that crashed this month when the left engine detached just after takeoff showed fatigue cracks in several sections that secured the turbine, a preliminary report into the accident that killed 14 people revealed. National …
Read More People: Alliant Adds Simokonis to Florida Team, Sunstar Names Romero CAO
Alliant Insurance Services, headquartered in Irvine, California, hired Tim Simokonis as senior vice president within its Employee Benefits Group in the Southeast. The Florida-based consultant will serve a national client base, focusing on self-funded health plans, data transparency, and fiduciary …
Read More Trump Inflames California Over Oil Drilling Plan for Pacific Coast
President Donald Trump’s administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline. The Interior Department …
Read More Vietnam Flood Deaths Climb as Heavy Rain Drenches Coffee Region
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas. Around 61,000 people have been evacuated and half …
Read More Silent Cyber Threats: How ‘Shadow AI’ Could Undermine Digital Health Defenses
Across Canada, doctors and nurses are quietly using public artificial-intelligence (AI) tools like ChatGPT, Claude, Copilot and Gemini to write clinical notes, translate discharge summaries or summarize patient data. But even though these services offer speed and convenience, they also …
Read More Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive to lose a $17 million job before he’d even started. …
Read More Viewpoint: Sins of Policy Interpretation. A Call to Repentance
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, …
Read More Ohio’s FirstEnergy Ordered to Pay More Than $250M for Bribery Scheme
Ohio utility regulators ordered Akron-based FirstEnergy on Wednesday to pay more than $250 million in fines and refunds as a result of its misconduct in a sweeping Statehouse bribery scandal whose fallout continues five years on. The punishment meted out …
Read More P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …
Read More Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed a lawsuit against the group of former …
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