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Insurance

Ex-VW CEO Denies Criminal Charges Over Diesel Emissions Scandal

By Hometown Insurance | September 5, 2024
Volkswagen AG’s ex-Chief Executive Officer Martin Winterkorn denied duping customers and taking too long to alert markets about diesel-emission cheating, telling a German criminal court he was never properly informed about the vast scale of the scam. Winterkorn said that …
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Driver of Partially Automated Mustang Charged With DUI Homicide

By Hometown Insurance | September 5, 2024
A woman was intoxicated and using a partially automated driving system when she caused a March highway crash in Philadelphia that killed two people, authorities said as they announced homicide charges against the driver. State and federal investigators say the …
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SpaceX Faces Concerns Over Environment Damage in South Texas

By Hometown Insurance | September 4, 2024
BOCA CHICA — It wasn’t just a day at the beach. But it never is on this small strip of sand near the Texas-Mexico border, not since SpaceX began launching rockets here. On this particular Saturday in August, about a …
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AM Best Downgrades Credit Rating of Iowa’s IMT Insurance

By Hometown Insurance | September 4, 2024
AM Best has downgraded the Financial Strength Rating to A-(Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of IMT Insurance Company and its affiliate, Wadena Insurance Company. These companies are domiciled in …
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CSU Forecasters Predict Quiet Hurricane Activity to Start September

By Hometown Insurance | September 4, 2024
The first two weeks of September are expected to be quiet for Atlantic hurricane activity, according to experts at Colorado State University. The CSU Tropical Meteorology Project, which has been forecasting the Atlantic hurricane season for more than 40 years, …
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Three Charged With Auto Insurance Fraud in Miami After False Injury Claims

By Hometown Insurance | September 4, 2024
Florida authorities have charged a Miami-area nurse practitioner and two others with creating false medical reports and attempting to defraud an auto insurance carrier out of more than $47,000. Local news reports said that investigators with the state Department of …
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Man Drives Car Through Restaurant Patio in Minneapolis Suburb, Killing 2

By Hometown Insurance | September 4, 2024
ST. LOUIS PARK, Minn. (AP) — A man drove his car through a restaurant patio where a group of medical workers were celebrating in a Minneapolis suburb on Sunday, killing two people and injuring at least four, police and hospital …
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Explosion Destroys Southwest Louisiana Home, Killing 1 and Injuring 5

By Hometown Insurance | September 4, 2024
RAGLEY, La. (AP) — Investigators are trying to determine the cause of an explosion that destroyed a southwest Louisiana home, killing a teenage boy from Alabama and injuring five other people. Louisiana State Fire Marshal Bryan J. Adams said the …
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Kansas Woman Sentenced to Probation for Insurance Fraud

By Hometown Insurance | September 4, 2024
Kansas Insurance Commissioner Vicki Schmidt announced an Arkansas City woman has been sentenced to 18 months of probation for insurance fraud. Misty Jane Dial, age 33, pleaded guilty in the District Court of Cowley-Arkansas City on July 9 to one …
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People Moves: CRC Group Adds New Underwriters in Tennessee, Georgia

By Hometown Insurance | September 4, 2024
CRC Group, a wholesale specialty insurance distributor with headquarters in Birmingham, Alabama, has added new faces to its team in the Southeast. Sam Rector joined the Nashville office as underwriting team leader. He has spent almost 10 years in the …
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