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Insurance

Potential of ‘Life-Threatening Flooding’ from Hilary in SoCal Mountains, Deserts and Southwest Nevada

By Hometown Insurance | August 18, 2023
AccuWeather on Friday issued an alert warning of the potential of a “life-threatening, flooding disaster” in the mountains and deserts of Southern California and far southwest Nevada due to Hurricane Hilary. In the area, primarily east of Palm Springs and …
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Texas Seeks Millions From Planned Parenthood in First-Of-Its-Kind Suit Against Abortion Provider

By Hometown Insurance | August 18, 2023
AUSTIN, Texas (AP) __ Texas wants Planned Parenthood to give back millions of dollars in Medicaid reimbursements __ and pay far more in fines on top of that __ in a lawsuit that appears to be the first of its …
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People Moves: Ryan Specialty Appoints Guerville to Chief Underwriting Officer of Ryan Specialty Underwriting Managers

By Hometown Insurance | August 18, 2023
Ryan Specialty Appoints Guerville to Chief Underwriting Officer of Ryan Specialty Underwriting Managers Ryan Specialty, headquartered in Chicago, Ill. appointed Kathy Guerville to chief underwriting officer of its underwriting management specialty, Ryan Specialty Underwriting Managers. Guerville has 15 years of …
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Private Equity Firm Hg Weighs Options for €1.5 Billion Insurance Broker GGW

By Hometown Insurance | August 18, 2023
Hg is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5 billion ($1.6 billion), people familiar with the matter said. The software-focused private equity firm is working with advisers as it …
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PFAS Contamination at Former Air Force Base in Michigan Prompts Deployment of Groundwater Treatment Systems

By Hometown Insurance | August 18, 2023
LANSING, Mich. (AP) – Groundwater treatment systems will be installed near a military base in northern Michigan to address contamination from high levels of toxic, widely used “forever chemicals,” the U.S. Department of Defense announced Thursday. Two systems will be …
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Ohio to Vote on Legalizing Recreational Marijuana in November

By Hometown Insurance | August 18, 2023
COLUMBUS, Ohio (AP) – A proposal to legalize recreational adult use of marijuana in Ohio was cleared Wednesday to appear on statewide ballots this fall after the Republican-led state Legislature failed to act on it. The measure would allow adults …
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Warren Buffett Gives $27M in Berkshire Hathaway Stock to an Unnamed Charity

By Hometown Insurance | August 18, 2023
Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of 50 Class A shares of Berkshire stock in a filing with the Securities and Exchange Commission late Wednesday. This donation …
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Bosses Dislike Work-From-Home But Suspect They’re Stuck With It

By Hometown Insurance | August 18, 2023
Business leaders think that the spread of remote work has had more negative effects than positive ones, but they also see the practice becoming ingrained, according to a new survey by the Federal Reserve Bank of New York. Roughly two-thirds …
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Judge Won’t Block Florida Law Banning Chinese Ownership of Property

By Hometown Insurance | August 18, 2023
(Reuters) – A U.S. judge in Florida on Thursday declined to block the state’s law barring citizens of China and other “countries of concern” from owning homes or land in the state. U.S. District Judge Allen Winsor in Tallahassee, Florida, …
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California Town of Paradise Deploys Warning Sirens as 5-Year Anniversary of Deadly Fire Approaches

By Hometown Insurance | August 18, 2023
California residents driven from their homes by one of the deadliest wildfires in recent history had one request before they would rebuild in the small mountain town of Paradise: warning sirens to bolster town emergency systems that failed some people …
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