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Insurance

Investigation Into Florida Condo Collapse is Expected to Finish in 2026

By Hometown Insurance | June 30, 2025
More than four years after a Florida condominium collapse killed 98 people, federal investigators have yet to make a final determination of the cause — but they do have some leading theories. The National Institute of Standards and Technology, the …
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Iconic NC Tourist Attraction Reopens as Governor Signs Helene Relief Plan

By Hometown Insurance | June 30, 2025
An iconic tourist attraction in an area of western North Carolina among the hardest hit by Hurricane Helene reopened to the public on Friday, nine months after the storm brought historic flooding, destruction and loss of life. North Carolina Gov. …
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Erie Insurance Restores Online Access for Customers; Still Working on Other Systems

By Hometown Insurance | June 29, 2025
Erie Insurance has reported that online account access for customers has been restored in the latest update on its recovery from its network outage. The online bill pay portal is also available. The insurer said the network and system outage …
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Michigan Paper Manufacturer Agrees to $300K Settlement Over PFAS Contamination

By Hometown Insurance | June 27, 2025
Michigan Attorney General Dana Nessel announced a settlement agreement with Domtar Industries, LLC and E.B. Eddy Paper, Inc. (together, Domtar) to address releases of per- and polyfluoroalkyl substances (PFAS) at the Techni-Comp, Inc. composting site near Port Huron. Nessel filed …
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Search Ends for 1950 Lake Michigan Plane Crash That Killed 58 People

By Hometown Insurance | June 27, 2025
A group is ending a 20-year search for a plane that crashed into Lake Michigan in 1950, killing all 58 people on board, after sweeping the vast body of water using sonar technology and even getting support from an acclaimed …
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Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024

By Hometown Insurance | June 27, 2025
Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I). The tally was $1.04 billion in 2025 compared to …
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People Moves: MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter; Allianz Commercial Promotes Simons as Global Head of MidCorp Underwriting

By Hometown Insurance | June 27, 2025
This edition of International People Moves details appointments at insurers MS Amlin and Allianz Commercial. A summary of these new hires follows here. MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter MS Amlin, the Lloyd’s re/insurer, has further …
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Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

By Hometown Insurance | June 27, 2025
The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report. Reputation risk …
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Oregon Legislature Repeals Contested Wildfire Hazard Map

By Hometown Insurance | June 27, 2025
Oregon lawmakers have voted to repeal the state’s contentious wildfire hazard map, which subjected homeowners in certain areas at high risk of wildfires to stricter building codes and requirements to reduce vegetation on their properties. The measure passed the state …
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China Bans Uncertified and Recalled Power Banks on Planes

By Hometown Insurance | June 27, 2025
China’s aviation regulator will from Saturday ban passengers from carrying power banks without Chinese safety certification markings, as well as those recently recalled by manufacturers because of safety concerns. The move, which applies to anyone boarding a flight in China, …
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