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Insurance

Iowa Agent Charged With Defrauding Elderly Individuals and Insurance Companies

By Hometown Insurance | April 24, 2023
A federal grand jury in Des Moines, Iowa returned an indictment on April 19, 2023, charging a Clive man with seventeen counts of mail and wire fraud, one count of conspiracy to commit mail and wire fraud, and two counts …
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Fairfax Financial’s Ratings Unaffected by Move to Buy Gulf Insurance Group: DBRS

By Hometown Insurance | April 24, 2023
Toronto-based Fairfax Financial Holdings Ltd.’s ratings are unaffected following last week’s announcement it has entered into a definitive agreement to acquire an additional 46.32% of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO), according to DBRS Morningstar, which has …
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Fox’s Settlement With Dominion Unlikely to Cost it $787.5M

By Hometown Insurance | April 24, 2023
Fox Corp.’s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. Fox settled with Dominion over charges that Fox News baselessly accused the …
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NC Senators Want Disney to Move North, Amid Company’s Feud with DeSantis

By Hometown Insurance | April 24, 2023
North Carolina lawmakers are hoping to capitalize on Walt Disney World’s feud with the Florida governor, and have introduced a bill that would fund a study and incentives for luring Disney north. Senate Bill 594, titled Mickey’s Freedom Restoration Act, …
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Baldwin Charge in New Mexico Movie Set Shooting Dismissed

By Hometown Insurance | April 24, 2023
Prosecutors have formally dismissed an involuntary manslaughter charge against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of the Western film “Rust,” citing new evidence and the need for more time to investigate. In a …
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As Governor Seeks Disaster Dec, Fort Lauderdale Needs New City Hall After Flood

By Hometown Insurance | April 24, 2023
Florida Gov. Ron DeSantis asked the Biden administration on Saturday to declare Broward County a disaster area due to flooding earlier this month after record rainfall. The flooding, from record rainfall, was so great that it will likely force Fort …
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Fuel Truck Fatal Crash Sparks Fire on Major Connecticut Highway Bridge

By Hometown Insurance | April 24, 2023
A crash involving a fuel truck and a car sparked a fire on a major Connecticut highway bridge Friday, with flames spreading to land on one side and officials closing Interstate 95 in both directions during the blaze. Officials said …
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Florida Family Files Suit, Says Body of Man Who Died on Cruise Was Kept in Cooler

By Hometown Insurance | April 24, 2023
A widow and her family are suing Celebrity Cruises for allegedly mishandling her husband’s body after he died while they were on a ship last year, saying it was left to decompose and they suffered extreme emotional trauma. After Marilyn …
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Maine Unhappy With Railroad’s ‘Good Faith’ Cleanup of Train Derailment Site

By Hometown Insurance | April 24, 2023
SANDWICH ACADEMY GRANT TOWNSHIP, Maine (AP) – The Maine Department of Environmental Protection is taking Canadian Pacific Kansas City to task over the cleanup following a freight train derailment and fire. Commissioner Melanie Loyzim sent a letter Thursday telling the …
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Russia’s Medvedev Says G-7 Export Ban Could Trigger Black Sea Grain Deal Exit

By Hometown Insurance | April 24, 2023
Moscow may retaliate if Group of Seven countries proceed with a total ban on most exports to Russia by withdrawing from the safe-transit deal that allows Ukraine to ship grains from Black Sea ports, said Dmitry Medvedev, deputy chair of …
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