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Insurance

Stalled Contract Jeopardizes Relations Between New Disney District and Firefighters

By Hometown Insurance | June 19, 2023
After appointees of Florida Gov. Ron DeSantis took over Walt Disney World’s governing district earlier this year, its firefighters were among the few employees who publicly welcomed them with open arms. But that warm relationship is in jeopardy as a …
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Family Sues Harvard Medical School Over Theft of Body Parts Donated for Research

By Hometown Insurance | June 19, 2023
The son of a woman whose body was donated to Harvard Medical School for research purposes filed a class-action lawsuit on Friday on behalf of all families who believe their loved ones’ body parts were mishandled by the school’s former …
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AM Best Issues Negative Oulook for Allegany-Conemaugh Group

By Hometown Insurance | June 19, 2023
AM Best has revised the outlooks to negative from stable for Allegany Co-op Insurance Co., in Cuba, New York, and Conemaugh Valley Mutual Insurance Co. in Johnstown, Pennsylvania. These companies are collectively referred to as Allegany-Conemaugh Group. At the same …
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For Groups Fighting Opioid Crisis, Settlement Money Can Be Hard to Come By

By Hometown Insurance | June 19, 2023
Companies accused of fueling the U.S. opioid crisis have so far paid out more than $3 billion to compensate states, but has any of the money reached the people who need it? It depends where you live. Yes, if you’re …
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What Is Russia’s Problem With the Black Sea Grain Deal?

By Hometown Insurance | June 19, 2023
President Vladimir Putin said this month that Russia was considering withdrawing from the Black Sea grain deal as he accused the West of cheating Moscow because it still faced obstacles getting its own agricultural goods to world markets. Putin said …
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Insurance Broker Acrisure Interviews Banks for 2024 IPO

By Hometown Insurance | June 19, 2023
Acrisure LLC, a large, closely-held insurance broker, is interviewing banks to go public next year, people with knowledge of the matter said, in a sign that equity markets may be opening up to new listings from strong companies. Grand Rapids, …
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London’s Excel Centre Wins Insurance Ruling on COVID-19 Biz Interruption Losses

By Hometown Insurance | June 19, 2023
The owners of London’s ExCel conference center on Friday won a court ruling against insurers, including Royal & Sun Alliance, over pandemic-related losses, which its lawyers said could affect hundreds of thousands of policyholders. London International Exhibition Centre Plc took …
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Billionaire Reuben Brothers Sue Trafigura Over Nickel Fraud

By Hometown Insurance | June 19, 2023
Trafigura Group is being sued by the billionaire Reuben brothers, as the fallout of a massive nickel fraud reverberates through global metal markets and ensnares some of the industry’s best-known figures. Legal filings seen by Bloomberg News shed new light …
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Arizona Woman Alleges Sexual Assault by Bauer; He Denies Allegation and Countersues

By Hometown Insurance | June 16, 2023
An Arizona woman has accused former major league pitcher Trevor Bauer of sexual assault, alleging in a lawsuit updated this week that he held a knife at her throat and choked her until she passed out during a rape that …
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Prosecutors: Weapons Expert in Was Hungover on Set New Mexico Movie Set

By Hometown Insurance | June 16, 2023
The weapons supervisor on the film set where Alec Baldwin shot and killed a cinematographer was drinking and smoking marijuana in the evenings during the filming of “Rust,” prosecutors are alleging, saying she was likely hungover when she loaded a …
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