Posts by Hometown Insurance
Rikers Correction Officer Lied to Obtain Workers’ Compensation Benefits
A corrections officer at New York City’s Rikers Island prison has pleaded guilty to receiving more than $200,000 in workers’ compensation benefits to which he was not entitled, prosecutors reported. According to Jay Clayton, U.S. Attorney for the Southern District …
Read More Still Too Risky to Move Seafarers out of Gulf, U.N. Agency Boss Says
Despite the current ceasefire between the United States and Iran, it remains too risky to move the thousands of sailors stuck in the Gulf, the head of the U.N.’s shipping agency said. “We will not be able to activate anything …
Read More GE Vernova Must Continue Vineyard Wind Work While Payment Issues Play Out
A Massachusetts judge on Monday declined to lift an order that forced turbine supplier GE Vernova to continue work on the largest offshore wind farm in New England or to send its dispute with the $4.5 billion project’s developer, Vineyard …
Read More Ship Operators Urge Clear Rules to Return Hormuz to Normal
Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to offer clear rules allowing vessels to resume normal business via the Strait of Hormuz. Shipowners and maritime …
Read More Judge Blocks Trump Administration From Breaking Up Climate Research Center
A judge has temporarily blocked the National Science Foundation from dismantling the National Center for Atmospheric Research, or NCAR, a globally significant weather and climate research center based in Boulder, Colorado. Senior US District Judge R. Brooke Jackson on Monday …
Read More Viewpoint: How Climate Change Is Creating Uninsurable Areas Across Europe
As climate change makes extreme weather events more intense and frequent, “uninsurable areas” are becoming increasingly common. They are a clear demonstration that insurance – the mechanism through which modern societies deal with all kinds of risk – is structurally …
Read More M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring
A former mergers and acquisitions lawyer with top firms including Latham & Watkins and Goodwin Procter pleaded not guilty to charges that he led a massive insider trading ring that made tens of millions of dollars in illegal profits. Nicolo …
Read More Warmer World Means Bigger Hail and More Damage, Study Finds
Warming global temperatures will probably mean more hailstorms with larger and more damaging hailstones, a study published in a prestigious, peer-reviewed journal predicts, echoing troubling trends identified in by other data sources. “Here we show a 36.5%–42.1% increase in global …
Read More People Moves at Alfa, Alliant in the Southeast
Alfa Insurance, one of the largest property insurers in Alabama, named David Bailey senior vice president of claims, effective this week. Bailey, who recently served as regional vice president, takes over from Bryan Hubbard, who retired after 36 years at …
Read More People Moves: Pharmacists Mutual Appoints Gallagher to Board of Directors
Pharmacists Mutual Insurance Group announced the appointment of Felix Gallagher, PharmD, as Chair of its Board of Directors. Gallagher succeeds Sue Sutter, who has served as Board Chair since 2024 and concludes 21 years of service on the Board. Gallagher …
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