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Insurance

Washington and Alaska Crabbers, Fishermen Seek Aid After Disaster Declaration

By Hometown Insurance | December 21, 2022
The U.S. Department of Commerce’s disaster declaration for certain salmon and crab fisheries in Washington and Alaska opens the door for financial relief as part of an omnibus spending bill being negotiated by U.S. lawmakers. The declaration covers Bristol Bay …
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$698M Deal Ending Oregon’s Monsanto PCB Pollution Lawsuit

By Hometown Insurance | December 21, 2022
Bayer, the German pharmaceutical and biotechnology company, will pay Oregon $698 million to end a lawsuit over PCB pollution associated with products made by Monsanto, the agriculture giant it now owns. It’s the largest environmental damage recovery in Oregon’s history …
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Judge Clears Philadelphia Eagles, 76ers for ‘Limited Discovery’ in Covid-19 Insurance Claims

By Hometown Insurance | December 21, 2022
Rather than dismiss them, a federal judge in Pennsylvania has allowed similar Covid-19 business insurance cases brought by owners of the Philadelphia Eagles and Philadelphia 76ers sports teams against their insurers to proceed to limited discovery. U.S. District Judge Michael …
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California Workers’ Comp Bureau Says Premium Fell Sharply Beginning in 2Q 2020

By Hometown Insurance | December 20, 2022
Written premium declined sharply beginning in the second quarter of 2020 due to the economic downturn resulting from the pandemic, according to a report out on Tuesday. The report from the Workers’ Compensation Insurance Rating Bureau of California shows a …
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Report: California, Hawaii Had Among Nation’s Worst Ranked Roads

By Hometown Insurance | December 20, 2022
California’s expansive road system was among the nation’s worst ranked, according to a report from a research firm out on Tuesday. Hawaii’s roads were ranked as the nation’s worst. ConsumerAffairs, a non-government research firm, used its own data combined with …
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M6.4 in Northern California Leaves Tens of Thousands Without Power

By Hometown Insurance | December 20, 2022
A magnitude 6.4 earthquake struck northern California on Tuesday, according to the U.S. Geological Survey. The quake struck roughly 200 miles north of San Francisco in the vicinity of the Mendocino triple junction where the Pacific, North America and Juan …
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Hilb Group Expands in New York Region With Commercial Book Acquisition

By Hometown Insurance | December 20, 2022
The Hilb Group has acquired a book of commercial property/casualty business in the tri-state region. Hilb Group did not identify the seller or size of the book of businesses. The business will be managed by Williston Park, New York-based Hiram …
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3M Will Stop Producing ‘Forever Chemical’ PFAS by End of 2025

By Hometown Insurance | December 20, 2022
3M Co., confronting regulatory pressure and lawsuits that threaten billions of dollars in damages, will stop making so-called forever chemicals and aim to discontinue their use in products by the end of 2025. The announcement marks a historic break with …
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Winter Storm Rattling Busy US Travel Season With Cold and Snow

By Hometown Insurance | December 20, 2022
A massive winter storm is winding across the central US, threatening to disrupt air traffic during the busy holiday season, rake Chicago with a blizzard and send an arctic blast as far south as Texas and the Gulf of Mexico. …
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California Approves Roadmap for Carbon Neutrality by 2045

By Hometown Insurance | December 20, 2022
California air regulators voted unanimously to approve an ambitious plan to drastically cut reliance on fossil fuels by changing practices in the energy, transportation and agriculture sectors, but critics say it doesn’t go far enough to combat climate change. The …
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