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Insurance

Railroad Tracks Back in Service After Wisconsin Derailment

By Hometown Insurance | May 5, 2023
LA CROSSE, Wis. (AP) – Railroad tracks damaged after a BNSF Railway freight train derailed in southwestern Wisconsin have been repaired and returned to service, rail and government officials say. BNSF contractors made repairs and reopened the line Saturday, BNSF …
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Ransomware Attack Brings Down Dallas Police, Court Websites

By Hometown Insurance | May 5, 2023
DALLAS (AP) – Dallas was hit with a computer ransomware attack Wednesday that brought down its Police Department and City Hall websites and caused some jury trials to be canceled, officials said. The outage didn’t appear to affect 911 calls. …
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North Dakota Wind Turbine Blade Manufacturer Sued for Race Harassment

By Hometown Insurance | May 5, 2023
LM Wind Power Blades, Inc, a wind turbine blade manufacturer based in Grand Forks, North Dakota, violated federal law when it subjected an African American employee to a racially hostile work environment and then retaliated against him for complaining, the …
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Louisiana Deputies Want Black Woman’s Excessive Force Suit Dismissed

By Hometown Insurance | May 5, 2023
NEW ORLEANS (AP) – Two white Louisiana sheriff’s deputies who forced a Black woman facedown to the ground in 2020 as they investigated an allegation that she had been riding a motorcycle without a helmet asked a federal appeals court …
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Alabama DOI Needs Insurers to Light Up the Nascent Medical Pot Business in the State

By Hometown Insurance | May 5, 2023
Alabama lawmakers legalized medical marijuana two years ago this month. But it came with a high hurdle: Dispensaries, growers, processors and other license applicants must have at least $2 million of liability and casualty insurance. Now, the Alabama Department of …
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People Moves: ARM Names Bulin Head of Investment Consulting; Egglestone Now Resilience Global Head of Claims; Meister Promoted at Distinguished

By Hometown Insurance | May 5, 2023
Egglestone Global Head of Claims at Resilience Resilience today promoted Tom Egglestone to global head of claims. Joining Resilience in July 2022 as international claims leader, UK and Europe, he will now be supporting Resilience clients globally. With prior experience …
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NFL Investigated by Two States Over Sex Bias, Harassment Claims

By Hometown Insurance | May 5, 2023
State attorney generals in New York and California on Thursday launched a joint investigation into allegations that female employees of the National Football League (NFL) have been subjected to sex discrimination and harassment. California Attorney General Rob Bonta and New …
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State Judge Nixes Trump Damages Suit Against New York Times

By Hometown Insurance | May 5, 2023
Former President Donald Trump’s lawsuit against The New York Times over a 2018 investigative series into his family’s wealth and tax practices was dismissed by a state judge Wednesday. The lawsuit accused the Times and three of its investigative reporters …
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AIG Records Strongest Q1 Underwriting Results in General Insurance

By Hometown Insurance | May 5, 2023
American International Group said first quarter 2023 underwriting income in its general insurance segment was $502 million, “representing the strongest first quarter underwriting results AIG has achieved,” said CEO Peter Zaffino. Net premiums written in general insurance increased 5% to …
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California Companies Pay Higher Taxes for Unemployment Debt

By Hometown Insurance | May 5, 2023
One potential consequence of California’s ballooning budget deficit: Higher taxes for businesses, with increases possible every year for the next decade. Business owners pay a tax on each of their workers. The money goes into a fund that states use …
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