Posts by Hometown Insurance
Exclusions Make Contractor Coverage Elusive, Builders Say. Appeals Court Disagrees
A federal appeals court decision handed down last week is a victory for a Liberty Mutual surplus carrier, but it highlights what one attorney said is a widespread problem in the construction industry: an alleged “bait and switch” by insurers …
Read More California School District Settles Age Discrimination Case
The Washington Unified School District in Fresno, Calif. settled a federal charge of firing a 65-year-old teacher. The age discrimination charge was filed in April 2022 by the U.S. Equal Employment Opportunity Commission alleging that the employee was denied reasonable …
Read More US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS
U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.6% …
Read More Lawsuit Aims to End LGBTQ Antidiscrimination Protections in Pennsylvania
Two public school districts and several parents have sued Pennsylvania in a bid to undo antidiscrimination protections for gay and transgender people, saying the state’s two-year-old regulation is illegal because it goes beyond what lawmakers intended or allowed. The lawsuit …
Read More World Insurance Acquires Archambault Associates of Connecticut
World Insurance Associates LLC reports it acquired the business of Archambault Insurance Associates of Putnam, Connecticut in December. Terms of the transaction were not disclosed. Archambault was founded in 1928 by Joseph A. Archambault. Today the third-generation, family-owned, full-service agency …
Read More AM Best Assigns Excellent Rating to MEM
AM Best has assigned Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Ratings of “a-” (Excellent) to Previsor Insurance Company (Centennial, Colo., MEM Protect Insurance Company, MEM Shield Insurance Company and MEM Secure Insurance Company. The outlooks assigned …
Read More South Dakota Law Raises Questions About Future of Massive Midwest Pipeline
A new law in South Dakota prohibiting the use of eminent domain to acquire land for carbon capture pipelines raises questions about the viability of a proposed 2,500 mile (4,023-kilometer) project snaking through five Midwest states. Summit Carbon Solutions, the …
Read More FTC: Consumers Lost $12.5 Billion to Investment, Other Scammers in 2024
Consumers lost more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year, according to newly released Federal Trade Commission data. The FTC said while the number of fraud reports remained stable at about …
Read More Texas Judge Awards Nearly $2M for Negligent FBI Agent’s Fatal Shooting
A federal judge has awarded nearly $2 million in damages as part of a civil lawsuit after concluding an FBI agent was negligent when he fatally shot a kidnapped Texas man during a botched rescue attempt in 2018. The family …
Read More Rural Texas Hospitals Scramble to Respond to Measles Surge
Five years ago, Melanie Richburg used a roll of duct tape, a HEPA filter and a portable fan to draw contaminated air out of a hospital room where patients were tested for the coronavirus. Now, as the state’s largest measles …
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