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Insurance

NOAA: Arctic Summer Surface Air Warmest on Record

By Hometown Insurance | December 15, 2023
A report out this week from the National Oceanic and Atmospheric Administration shows the Arctic summer surface air temperatures were the warmest on record, with some areas, including northern Alaska and Canada, 7.2 degrees Fahrenheit or more above the 1991-2020 …
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Lawsuit Alleges Ex-Harvard Medical Professor Secretly Impregnated Patient

By Hometown Insurance | December 15, 2023
A former professor at Harvard Medical School and founder of one of the nation’s largest fertility clinics is being accused of secretly impregnating a patient in 1980 after promising the sperm would come from an anonymous donor, according to a …
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Man Sues New York City After 27 Years in Prison Before Being Cleared in Killing

By Hometown Insurance | December 15, 2023
A man who was recently cleared in the gruesome, fiery 1995 killing of a subway token booth clerk sued New York City and two detectives on Monday, saying that “a wanton and reckless” law enforcement culture subjected him to decades …
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People Moves: Woodruff Sawyer in California Names Parsons National Private Equity & Venture Capital Group Leader

By Hometown Insurance | December 15, 2023
Woodruff Sawyer named Luke Parsons the firm’s national private equity and venture capital practice group leader. Parsons was previously senior vice president of Woodruff Sawyer’s private equity and due diligence teams. He was named partner and senior vice president in …
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Massachusetts Farmers Get $20 Million in Disaster Relief After Rough Year

By Hometown Insurance | December 15, 2023
It was a rough year for many Massachusetts farmers who experienced a deep February freeze, a late May frost event, and catastrophic flooding in July. To help them recover from the damage, the Healey-Driscoll Administration announced that the state’s Natural …
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California Workers’ Comp Public Self-Insured Claim Volume, Total Paid and Incurred Losses Fall

By Hometown Insurance | December 14, 2023
Initial data on fiscal year 2022/23 public self-insured claims experience in the California workers’ compensation system show that public self-insured’s total claim volume, spurred by a sharp drop in indemnity claims, fell 16.8% in the 12 months ending June 30 …
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Oklahoma Insurance Department Adopts Surplus Lines Automation Suite

By Hometown Insurance | December 14, 2023
The Oklahoma Insurance Department announced the adoption of the Surplus Lines Automation Suite (SLAS) for the reporting and payment of all Oklahoma surplus lines premium taxes beginning January 1, 2024. For all Oklahoma policies effective January 1, 2024, and after …
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People Moves: XPT Specialty Adds Swift to Brokerage Team; Alliant Names Davis Employee Benefits VP in Kansas City

By Hometown Insurance | December 14, 2023
Swift Joins XPT Specialty Brokerage Team XPT Specialty, headquartered in New York, N.Y., hired Ben Swift as an underwriter/broker specializing in commercial binding accounts for Midwest retailers. Before joining XPT, Swift served as a senior commercial underwriter at Chubb Insurance, …
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US Officials Say Russian Hackers Are Launching Potential SolarWinds-Style Operations

By Hometown Insurance | December 14, 2023
U.S. officials say that Russian hackers are targeting servers hosting outdated versions of software made by the Czech tech company JetBrains for potential SolarWinds-style espionage operations. In a statement released on Wednesday, the U.S. National Security Agency, the FBI and …
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NHTSA Opens Probe Into 447,000 VW, Audi Vehicles

By Hometown Insurance | December 14, 2023
A U.S. auto safety regulator said on Thursday it is opening an investigation into 447,000 Volkswagen Golf and Audi A3 and cars over fuel leak reports and whether a 2016 recall adequately addressed the issue. The National Highway Traffic Safety …
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