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Posts by Hometown Insurance

Insurer Says it Has No Duty to Defend Kansas City Super Bowl Parade Shooting Lawsuit

By Hometown Insurance | July 22, 2025
Cincinnati Specialty Underwriters said in a complaint last week that it has no duty to defend or indemnify a Kansas City sports promotion group facing an underlying lawsuit over a mass shooting at a 2024 Super Bowl parade. CSU said …
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Louisiana Cancels $3B Gulf Coast Repair Project Funded by Deepwater Horizon Settlement

By Hometown Insurance | July 22, 2025
Louisiana last week canceled a $3 billion repair of disappearing Gulf coastline, funded by the 2010 Deepwater Horizon oil spill settlement, scrapping what conservationists called an urgent response to climate change but Gov. Jeff Landry viewed as a threat to …
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Trump Exempts Scores of Plants From Biden’s Pollution Rules

By Hometown Insurance | July 22, 2025
President Donald Trump is allowing chemical makers, coal-fired power plants and other facilities to bypass a range of environmental regulations on grounds that the waivers are needed for national security purposes. The plants, which also include taconite iron ore processing …
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Ground Squirrel Overpopulation Poses Threat to Minot, North Dakota Residents

By Hometown Insurance | July 22, 2025
The Richardson’s ground squirrel weighs less than a pound, is about a foot long and is native to the northern Plains. The little creature also is a ferocious tunneler, and it’s exasperating the people of Minot, North Dakota, where it’s …
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People Moves: W.R. Berkley Promotes Albert President of Vela Insurance; Fusion Specialty Names Underhill Head of Americas

By Hometown Insurance | July 22, 2025
W. R. Berkley Corporation, headquartered in Greenwich, Connecticut, named Shadi Albert as president of Vela Insurance Services. He succeeds Arthur G. Davis, who will assume the role of chairman of the business. The appointments are effective immediately. Albert joined Berkley …
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New Georgia Workers’ Comp Rules Took Effect in July, Aiming at Clarity, Consistency

By Hometown Insurance | July 22, 2025
The Georgia General Assembly made no statutory changes to the Workers Compensation Act in 2025. However, effective July 1, 2025, the Georgia State Board of Workers’ Compensation (SBWC) has introduced several important updates to its rules. These changes include clarifications, …
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Workplace Injuries Costs Near $60B Per Year; Overexertion, Falls Top Causes

By Hometown Insurance | July 22, 2025
Liberty Mutual’s latest Workplace Safety Index has found that workplace accidents cost U.S. employers about $58.8 billion annually. The top 10 causes of injuries account for 86% of those costs, or $50.87 billion. The index marks its 25th year identifying …
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KBRA Upgrades AmCoastal Debt Ratings, Reducing Interest Expenses

By Hometown Insurance | July 22, 2025
One year after American Coastal Insurance went through a regulator-forced shakeup in leadership, the Florida-based carrier’s holding company has received a slight upgrade in its debt rating from KBRA, producing a savings on interest expenses. “We are proud to have …
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Alaska Air Resumes Flights After IT Outage Led to Grounding

By Hometown Insurance | July 22, 2025
Alaska Air Group Inc. continued to recover on Monday after temporarily grounding its entire fleet due to a data center equipment failure that affected several of the carrier’s key operating systems. Eighty-three Alaska Air flights, or about 9% of its …
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Woman, 66, Is 10th Person to Die After Massachusetts Assisted-Living Facility Fire

By Hometown Insurance | July 21, 2025
A tenth person has died after a fire that tore through an assisted-living facility in Massachusetts last weekend, officials confirmed on Saturday. Brenda Cropper, 66, died at a hospital Friday, according to Bristol County District Attorney Thomas M. Quinn III. …
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