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Insurance

Worker who Inhaled CO2 in Los Angeles Airport Accident Dies

By Hometown Insurance | November 17, 2022
LOS ANGELES (AP) – One of four workers who inhaled carbon dioxide in an accident at Los Angeles International Airport has died, his family said. Cris Abraham, 36, of Lomita died on Nov. 11 at a hospital where he’d been …
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TDI to Hold Brown Bag Series on Dispute Resolution Process

By Hometown Insurance | November 17, 2022
The Texas Department of Insurance (TDI) will hold a brown bag series covering the dispute resolution process workers’ compensation system participants and the department’s hearing section. The brown bag series will feature TDI deputy commissioner of hearings Allen Craddock. He …
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EPA Fines Kansas, Missouri Home Renovators for Lead-Based Paint Violations

By Hometown Insurance | November 17, 2022
Five home renovation companies in Kansas and Missouri have agreed to pay nearly $132,000 collectively in penalties to the U.S. Environmental Protection Agency (EPA) to resolve alleged violations of the federal Toxic Substances Control Act. According to EPA, the following …
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Missouri’s M&T Insurance Agency Merges With Powers Insurance & Risk Management

By Hometown Insurance | November 17, 2022
M&T Insurance Agency recently merged with Powers Insurance & Risk Management, one of the largest family owned and operated independent insurance agencies in the bi-state region. M&T Insurance agency owner Mark Tomlin will continue to serve his clients in a …
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Could Blockchain Make Data Integration a Reality for Insurers?

By Hometown Insurance | November 17, 2022
When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin. But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open Blockchain Initiative (MOBI), sees the appeal. MOBI is …
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Risk Strategies Acquires Texas’ Wallace Specialty

By Hometown Insurance | November 17, 2022
Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Wallace Specialty Insurance Group. Terms of the deal were not disclosed. Based just outside of Dallas in Richardson, Texas, Wallace Specialty was founded in 2012 …
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Carolina Agent, Missouri Attorneys Indicted on Tax, Insurance Fraud Charges

By Hometown Insurance | November 17, 2022
Two Missouri tax attorneys and a North Carolina insurance agent have been indicted for helping clients set up fraudulent tax shelters, file false tax returns and to defraud an insurance carrier, federal prosecutors announced Wednesday. Michael Elliott Kohn and Catherine …
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NFP Acquires Philadelphia Staffing Firm Juno Search Partners

By Hometown Insurance | November 17, 2022
Insurance broker NFP reports it has acquired Juno Search Partners, a Philadelphia-based search and staffing firm. Juno specializes in contingent search, contractor placement, executive search and custom talent for employers. NFP said Juno co-founders Mikal C. Harden and Vicki Sack …
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Insurer FM Global Upheld in Firing of Longtime Executive Who Claimed Age Bias, Retaliation

By Hometown Insurance | November 17, 2022
Rhode Island-based Factory Mutual Insurance Co. properly handled the firing of a long-time employee who claimed his axing in 2018 was due to age discrimination and retaliation for his complaints about the company taking no actions against another employee accused …
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FBI Director Says TikTok Poses National Security Concerns

By Hometown Insurance | November 17, 2022
The U.S. operations of Chinese-owned TikTok raise national security concerns, FBI Director Chris Wray said on Tuesday, flagging the risk that the Chinese government could harness the video-sharing app to influence users or control their devices. Risks include “the possibility …
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