Posts by Hometown Insurance
A Repair Estimate Is Not Necessarily a Notice of Bad Faith in Louisiana
A Louisiana property insurer receives a contractor’s estimate for far more than it paid after a hurricane. Sixty days pass. The insured files suit and seeks bad faith penalties. Did the estimate start the cure period under Louisiana’s Act 3? …
Read More BNSF Railway Sued for Firing Employee Because of Their Disability
BNSF Railway Company violated federal law when it fired an employee because of his disability after he requested a reasonable accommodation, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the lawsuit, the employee, who has …
Read More World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
The Villages, a 57,000-acre Florida retirement community, is looking to issue almost $180 million in high-yield debt to finance more homes. Built for residents at least 55 years old, the Villages has about 170,000 people, making it the largest community …
Read More Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana
American Electric Power Co. is working with Amazon.com Inc. to evaluate plans for a 960-megawatt nuclear plant in Indiana using a new reactor design, a project that would rely on unproven technology while potentially advancing efforts to promote next-generation fission. …
Read More Service Member Dies After Rappelling Fall at College Football Game
A military service member has died after he fell hard as he rappelled from the ceiling to midfield before a University of Texas at San Antonio football game where the military was honored. Nellis Air Force Base Public Affairs said …
Read More Fisherman Killed by 12-Foot Alligator at Central Florida Lake
A 71-year-old man fishing on the shore of a Florida lake was killed Friday by a nearly 12-foot alligator, the second fatal attack reported this year. Steven Hamilton of Winter Garden was standing on the shore of Lake Apopka at …
Read More Former Portfolio Manager Sues Fidelity After Leaving for Michael Dell’s Family Office
A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package after he joined DFO Management, the family office of billionaire Dell Technologies founder Michael Dell. …
Read More ‘Weather Whiplash’ Bringing Back Rain and Snow to California
A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …
Read More Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
The late-season hurricane known as Isaias has so far produced about 47,000 claims in Florida, with estimated insured losses at $582 million, carriers have reported to the Florida Office of Insurance Regulation. A week after the storm made landfall in …
Read More Supreme Court Rejects Google Challenge to US Patent Agency Review Policy
The US Supreme Court declined to hear a challenge by Alphabet’s Google to a US Patent and Trademark Office rule that the company argued has insulated older patents from validity reviews and helped fuel a surge in patent litigation. The …
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