Posts by Hometown Insurance
Former Police Officers Convicted in Arson and Fraud Conspiracy
A federal jury found two former Maryland police officers guilty of wire fraud, arson and insurance and bank fraud. Philip James Dupree, of Pikesville and Mark Ross Johnson, Jr., of Camp Springs were found to have conspired with others to …
Read More Plane That Overshot Virginia Runway Is Third Stopped By a Safety System This Month
No injuries were reported after a commercial regional jet overshot the designated touch down zone at a Virginia airport amid heavy rain last Wednesday night, but was stopped in a safety area at the end of the runway, officials said. …
Read More Fire Fund Helps Raise PG&E to Investment Grade Six Years After Bankruptcy
PG&E Corp., which filed for bankruptcy in 2019 following devastating blazes, was upgraded to investment grade by Fitch Ratings after the California legislature boosted the size of a fire insurance fund. The ratings agency attributed the upgrade to the approval …
Read More Korean Insurer DB to Buy Fortegra for $1.65 Billion in US Foray
South Korea’s DB Insurance Co. agreed to buy US specialty insurer Fortegra Group for $1.65 billion, in what would be the biggest US acquisition by a non-life insurer from the country. The Seoul-based company will purchase 100% of Fortegra’s outstanding …
Read More Inszone Acquires Arkansas Best Insurance Agency
Inszone Insurance Services announced its expansion into Arkansas through the acquisition of Arkansas Best Insurance Agency, Inc., a long-standing independent agency based in Hot Springs, Arkansas. Founded in 1905, Arkansas Best Insurance Agency has proudly served clients across Arkansas and …
Read More Part of Hospital’s Roof Ripped Off as Damaging Storms Hit Oklahoma
Storms carrying heavy rain and damaging winds ripped part of the roof off a hospital in eastern Oklahoma on Tuesday afternoon, forcing some patients to be evacuated, according to county officials. The Northeastern Health System hospital in Sallisaw had to …
Read More Lawsuit Alleges Ohio Officer Fatally Shot Pregnant Mother Without Proper Training
An Ohio police officer accused of shooting to death a pregnant Black mother two years ago was not trained or supervised properly, according to a federal lawsuit filed Wednesday against the police chief and the township that employed him. The …
Read More Ohio Machine Shop Ordered to Pay Back $134K
The U.S. Department of Labor has obtained a default judgment requiring Akron, Ohio-based Markham Machine Co. Inc. and its owner to restore more than $134,000 to the company’s retirement plan after the company violated federal law. Entered by the U.S. …
Read More Attorneys Urge Court Overseeing Tylenol Autism Lawsuits to Reconsider
Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new advice that pregnant women avoid the pain …
Read More Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United …
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