Posts by Hometown Insurance
Florida Chemical Plant Releases Toxic Vapor Cloud But No Injuries Reported
A toxic cloud of chemicals was released from an industrial site near Cocoa Beach last week, but authorities said no one was seriously injured, and the leak has been repaired. Florida Today and other news outlets reported that about 10 …
Read More Florida’s Citizens is Deferring Flood Coverage Proof While NFIP is Shut Down
Florida’s Citizens Property Insurance Corp. is deferring the required proof of flood insurance while the federal government shutdown continues and the National Flood Insurance Program is in limbo. “Citizens will accept applications and defer the required proof of flood coverage …
Read More California State University Targeted by EEOC Antisemitism Inquiry
Federal officials have opened inquiries into California State University for allegations of antisemitism and claims of racial discrimination tied to a diversity hiring initiative. The U.S. Equal Employment Opportunity Commission has launched an investigation into claims of antisemitism and was …
Read More OpenAI Says Musk’s xAI Filed Secrets Suit to ‘Bully’ Ex-Workers
OpenAI Inc. says a lawsuit accusing it of stealing technology from xAI is just Elon Musk’s latest attempt to distract attention from the failures of his own generative artificial intelligence company. “Unable to match OpenAI’s innovation, xAI has filed this …
Read More White Mountains Insurance to Sell Unit to CVC in $1.75 Billion Deal
White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of Hamilton, Bermuda-based White Mountains jumped …
Read More More NC Outer Banks Homes Collapse into Surf as Hurricanes Stay Far Offshore
Six unoccupied houses along North Carolina’s Outer Banks have collapsed into the ocean as Hurricanes Humberto and Imelda rumble in the Atlantic, the latest private beachfront structures to fall as sea levels rise due to global warming. Five of the …
Read More Howden Acquires Insurance Broker Gott & Wynne in North Wales
Howden, the London-based insurance intermediary group, announced the acquisition of Gott & Wynne Ltd., a property-casualty insurance broker based in Llandudno, North Wales, specializing in both personal and commercial lines. This acquisition gives Howden its first branch in North Wales …
Read More Georgia Farmers Should Get $531M in Helene Aid But the Deal’s Not Done Yet
The wait continues for Georgia farmers who need more aid after Hurricane Helene, even as state and federal officials in other states announce agreements. The U.S. Department of Agriculture and Georgia Agriculture Commissioner Tyler Harper this week announced Georgia farmers …
Read More Trump Halts $2 Billion for Chicago Transit in Shutdown Play
White House Budget Director Russell Vought announced the withholding of more than $2 billion for transportation projects in Chicago, the latest move by the Trump administration to use the shutdown as leverage to shrink the federal government. Vought said in …
Read More Large Fire Erupts in Jet Fuel Unit at Chevron’s LA Refinery
A large fire erupted in a jet fuel production unit at Chevron’s El Segundo refinery near Los Angeles on Thursday, disrupting supply in California’s isolated energy market. Chevron’s second-biggest refinery in the United States, the El Segundo facility supplies a …
Read More