Posts by Hometown Insurance
JetZero to Build $4.7B Next-Gen Plane Plant in NC With Up to 14,500 Jobs
JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade. The California-based startup intends to …
Read More Greece, UK Urge Ships to Avoid Red Sea, Log Hormuz Voyages, Documents Show
Greece and Britain have advised their merchant shipping fleets to avoid sailing through the Gulf of Aden and to log all voyages through the Strait of Hormuz after Israel’s large-scale attacks on Iran on Friday, documents seen by Reuters showed. …
Read More Regulators Are Harming UK as a Financial Center, Lords Warn
A culture of risk aversion and mission creep among UK financial regulators is undermining trust and placing costly burdens on banks and insurers, an influential group of parliamentarians found. The House of Lords Financial Services Regulation Committee said officials need …
Read More ‘I Got Up and Ran’: How One Man Survived Plane Crash That Killed 241
As Air India Flight AI171 descended toward its doom on Thursday, Ramesh Vishwaskumar sat in the first row of economy class — headed for one of the most harrowing and luckiest moments of his life. After the Boeing Co. 787 …
Read More Search for Answers Begins in Air India Crash That Killed 241
Investigators have started combing the wreckage of Air India flight AI171 as they seek to determine what caused the Boeing Co. Dreamliner to crash shortly after takeoff Thursday afternoon, killing all but one of the 242 people aboard in the …
Read More Jury Awards $500K to Exploited Guatemalan Laborers in Michigan
A jury has awarded more than $500,000 to five men from Guatemala who said they were exploited and underpaid by a labor contractor that brought them to Michigan to plant and harvest fruit and vegetables. Much of the verdict last …
Read More People Moves: Feller Joins Huntington Insurance as Employee Benefits Senior Managing Director
Huntington Insurance Inc., headquartered in Columbus, Ohio, named Zack Feller as employee benefits senior managing director. Feller joins Huntington from Keystone, where he most recently served as president of employee benefits. Over his tenure at Keystone, he held multiple leadership …
Read More Tax Credit to Offset Insurance Deductibles Is Part of Missouri Legislative Package
JEFFERSON CITY, Mo. (AP) — Missouri lawmakers on Wednesday approved hundreds of millions of dollars of financial aid to try to persuade the Kansas City Chiefs and Royals to remain in the state and help the St. Louis area recover …
Read More People Moves: Big ‘I’ Names Connors ACT Executive Director; WTW Makes Senior Hires to Insurance Consulting and Technology Business
Big ‘I’ Names Connors ACT Executive Director The Big “I” appointed Kasey Connors as executive director of the Big “I” Agents Council for Technology (ACT). Connors is a seasoned executive with over 15 years of experience in nonprofit leadership and …
Read More Climate Group Says State Farm Rate Hike to Cost California Homeowners $1,000
A report from a climate activist group says State Farm’s rate increases, if approved, would cost the average California homeowner more than $1,000. State Farm upped its rate request in May, a week after getting the OK for a large …
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