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Insurance

Fate of Most Remaining Zantac Lawsuits Weighed by Delaware Judge

By Hometown Insurance | January 26, 2024
GSK, Pfizer and other pharmaceutical companies are urging a judge in Delaware this week to find that evidence plaintiffs’ lawyers want to use in about 72,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer is not supported by …
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Study: Manmade Warming Increasing Drought in Western U.S.

By Hometown Insurance | January 26, 2024
Manmade warming has increased the prevalence and severity of concurrent drought and heat events, also termed hot droughts, across Western North America in the 20th-21st century, a new report shows. The authors of the report developed the Western North American …
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Google Settles AI-Related Chip Patent Lawsuit That Sought $1.67B

By Hometown Insurance | January 26, 2024
Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing in Massachusetts federal court. The settlement comes the same day that closing arguments were scheduled to begin …
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California County Paying $5M Settlement Over Arrest Of Election Technology Company Founder

By Hometown Insurance | January 26, 2024
Los Angeles County agreed to pay $5 million to the founder and CEO of a software company who was briefly accused of stealing data on county poll workers in a case he said was pushed by conspiracy theorists. The Board …
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People Moves: Former California Earthquake Authority CEO Pomeroy Joins GeoVera

By Hometown Insurance | January 26, 2024
Glenn Pomeroy, former CEO of the California Earthquake Authority (CEA), joined GeoVera as executive vice president of marketing and regulatory affairs effective February 1. GeoVera is headquartered in Fairfield, Calif. Pomeroy has over 30 years of industry experience, including eight …
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Heavy Rains Cause Elevated Flooding Risks in Texas

By Hometown Insurance | January 25, 2024
HOUSTON (AP) —Heavy rains in Texas on Wednesday closed schools and elevated flooding risks around Houston in another round of soaking downpours that have made for a soggy and dangerous week across large portions of the U.S. A stretch of …
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Texas Mutual Reports Nearly 6% Increase in Severe Injuries in 2023

By Hometown Insurance | January 25, 2024
Texas Mutual saw nearly 6% more severe injuries reported in 2023 compared to the previous year, according to an incident trends report released by the insurer. The construction industry reported the most serious incidents by industry in Texas in 2023. …
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Fifth Circuit Upholds $502K Award for Louisiana Church in Hurricane Laura Damage Suit

By Hometown Insurance | January 25, 2024
The United States Fifth Circuit Court of Appeals earlier this month upheld a 2022 decision against Church Mutual Insurance Co. in favor of Sugartown United Pentecostal Church in Dry Creek, Louisiana, which sits about 50 miles northeast of Lake Charles. …
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Kansas Commissioner Schmidt to Serve on Three NAIC Committees

By Hometown Insurance | January 25, 2024
Kansas Insurance Commissioner Vicki Schmidt announced that she will be serving on three committees for the National Association of Insurance Commissioners (NAIC) in 2024. Committee assignments were made at the NAIC’s winter meeting in January. Schmidt was assigned to the …
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Walmart to Pay $60K over Sex Discrimination Case at Iowa Store

By Hometown Insurance | January 25, 2024
Walmart will pay $60,000 and provide other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC charged in its suit that Walmart refused to promote an employee …
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