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Insurance

Climate Verdict for Swiss Women a Warning for European States, Oil Industry

By Hometown Insurance | April 12, 2024
Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling against the Swiss government improves the odds that other such cases could win at the top court, legal experts said. …
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Explainer: Limits on PFAS in Drinking Water Could Fuel Litigation

By Hometown Insurance | April 12, 2024
The U.S. Environmental Protection Agency has finalized the first federal regulations on toxic “forever chemicals” in drinking water, setting tight limits that essentially require public water systems to all but eliminate their presence in American tap water. The highly anticipated …
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Soaring Insurance Costs Hit as US Buyers Finally Get a Break on Car Prices

By Hometown Insurance | April 12, 2024
A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pearly-white 2024 Cadillac XT4 that he bought just a few months earlier, …
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CISA Says Russian Hackers Used Microsoft Access to Steal Government Emails

By Hometown Insurance | April 12, 2024
The U.S. Cybersecurity and Infrastructure Security Agency said Russian government-backed hackers have used their access to Microsoft’s email system to steal correspondence between officials and the tech giant, an emergency directive by the U.S. watchdog released on Thursday showed. In …
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SC High Court Strikes ‘Troubling’ Denial of Comp Claim, Says Can’t be Based on Stats

By Hometown Insurance | April 12, 2024
An employer cannot use an ergonomics report, showing that a work injury is statistically unlikely, to deny a workers’ compensation claim, the South Carolina Supreme Court said this week in an opinion that sharply questioned an appellate panel’s decision making. …
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Mayor Says New York City Will ‘Iron Out Kinks’ in Errant Chatbot

By Hometown Insurance | April 12, 2024
An artificial intelligence-powered chatbot created by New York City to help small business owners is under criticism for dispensing bizarre advice that misstates local policies and advises companies to violate the law. But days after the issues were first reported …
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Green Risk Shield, Striior Announce Wildfire Analytics and Underwriting Collaboration

By Hometown Insurance | April 11, 2024
Striior Insurance Solutions a managing general agent specializing in builder’s risk and a division of Intact Insurance Specialty Solutions, has partnered with Green Shield Risk Solutions, a Chicago-based catastrophe risk mitigation specialist, to access wildfire analytics. This collaboration focuses on …
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Florida Peninsula Says Reforms Have Had an Impact, Announces 2% Rate Cut

By Hometown Insurance | April 11, 2024
After the Florida Legislature in 2022 and 2023 passed sweeping reforms designed to limit excessive claims litigation, some in the insurance industry predicted that the new rules would prevent further rate increases – but would not lead to actual decreases …
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St. Louis Contractor Faces $276K in Fines Over Deadly Fall Hazards

By Hometown Insurance | April 11, 2024
Federal workplace safety inspectors found a Missouri roofing contractor again risking the safety of its employees by failing to protect them against the construction industry’s deadliest hazard — falls from heights— at five residential worksites in Wentzville in October and …
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Oklahoma Judge Orders Chiefs Superfan to Pay $10.8M to Bank Teller

By Hometown Insurance | April 11, 2024
OKLAHOMA CITY (AP) — An Oklahoma judge ordered a Kansas City Chiefs superfan known as “ChiefsAholic” who admitted to a series of bank robberies to pay $10.8 million to a teller who was assaulted with a gun, though attorneys say …
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