Posts by Hometown Insurance
Data Centers and Large Users Strain Texas Power Grid
The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity demand in Texas and across the country. Texas’ main grid operator …
Read More Southern California Edison Asked by Investigators to Preserve Gear at LA’s Eaton Blaze
Fire investigators have asked Southern California Edison Co. to preserve its equipment near the site where the deadly Eaton fire began earlier this month. The Los Angeles County Fire Department, the lead agency investigating the blaze, asked the utility to …
Read More Ohio Residents Push Back Against $850K Bond to Appeal Derailment Settlement
Residents challenging Norfolk Southern’s $600 million settlement for the disastrous East Palestinetrain crash have asked a court to reject a judge’s order requiring them to put up an $850,000 bond to continue their appeal for higher compensation and more information …
Read More Merck’s $8 Billion Cancer Vaccine Faces First US Jury Trial
Merck & Co. is facing its first jury trial over claims the company wrongfully marketed its lucrative Gardasil cancer vaccine as safe, the latest high-stakes litigation for the pharmaceutical giant. Lawyers for a Los Angeles woman will argue Monday that …
Read More Florida Authorities Investigating After Trooper Shoots Suspect at Ocala Hospital
OCALA, Fla. (AP) — A Florida Highway Patrol trooper fatally shot a suspect during an altercation at a central Florida hospital on Friday, authorities said. The altercation happened in the emergency department at HCA Florida Ocala Hospital in Ocala, Florida, …
Read More Mangrove, Another New Property Insurer, Enters Florida Market
Former RenaissanceRe executive Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove, with offices in Tallahassee, will be the 10th new insurer …
Read More California Storm Raises Mudslide Risk, Closes Interstate
Southern California will clock a few more tense hours as showers continue to soak the burn-scarred landscape around Los Angeles. While the rains are helping fight wildfires that have killed at least 28 and destroyed more than 16,000 structures, they’re …
Read More Generali Global Corporate & Commercial Enters Launches Business Unit in India
Generali Group has launched a new business unit – Global Corporate & Commercial (GC&C) India – within its joint-venture company Future Generali India Insurance. The moves further strengthens Generali’s presence in India’s rapidly growing corporate and commercial insurance segment, the …
Read More South Korea’s Preliminary Jeju Air Crash Report Focuses on Bird Strike
South Korea released a preliminary report into last month’s deadly Jeju Air Co. crash that offers more detail on the role of bird strikes in the disaster, while still leaving crucial questions unanswered. The report sheds additional light on the …
Read More Trump Proposes ‘Getting Rid of FEMA’ While Touring Disaster Areas
President Donald Trump on Jan. 24 surveyed disaster zones in California and North Carolina and said he was considering “getting rid of” the Federal Emergency Management Agency, offering the latest sign of how he is weighing sweeping changes to the …
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