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Insurance

Small Plane Hit Power Line Before Crashing in Platte River in Nebraska

By Hometown Insurance | April 24, 2025
A small plane appeared to have struck a power line before it crashed into the Platte River in Nebraska and killed all three people aboard, according to the National Transportation Safety Board. Few details are available about the Friday evening …
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Texas Governor Abbott Signs Bill Inspired by DOGE

By Hometown Insurance | April 24, 2025
Gov. Greg Abbott on Wednesday signed the first law of this year’s legislative session, a bill creating a new regulation-cutting agency inspired by Elon Musk’s federal Department of Government Efficiency. “Texas can have our own DOGE,” Abbott said Wednesday. “What …
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Ohio Attorney General to Certify Proposed Ban on Police Immunity

By Hometown Insurance | April 24, 2025
Prompted by a stinging defeat at the U.S. Supreme Court, Republican Ohio Attorney General Dave Yost on Tuesday said he was putting aside his objections and allowing a proposed constitutional amendment that would end qualified immunity for police and other …
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Global Commercial Insurance Rates Drop 3% During Q1, but US Casualty Bucks the Trend

By Hometown Insurance | April 24, 2025
Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1 2024 average commercial rate …
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US Officials Mull Easing Tariffs Targeting the Auto Industry

By Hometown Insurance | April 24, 2025
The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs. One measure would spare automobiles and parts already subject to tariffs from …
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Baltimore City School District Reports Cyber Incident

By Hometown Insurance | April 24, 2025
Baltimore City public school officials are dealing with a cybersecurity incident that occurred on February 13. Officials said that criminal actors appear to have gained unauthorized access to documents with information belonging to some current and former employees who completed …
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Apple, Meta Fined as EU Presses Ahead With Tech Probes

By Hometown Insurance | April 24, 2025
Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech. The EU fines could …
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After FSU Shooting, Students Call on Lawmakers to Block Lower Gun-Buying Age

By Hometown Insurance | April 24, 2025
TALLAHASSEE, Fla. (AP) — Student survivors of last week’s deadly shooting at Florida State University urged state legislators Tuesday to block an effort to reverse a law passed after the 2018 Parkland school shooting that raised the state’s gun-buying age …
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Lilly Sues 4 Compounders Over Copies of Weight-Loss Drugs

By Hometown Insurance | April 24, 2025
Eli Lilly said Wednesday it had sued four compounders for selling unapproved products containing tirzepatide, after a U.S. judge last month blocked pharmacies from making copies of its weight-loss and diabetes medicines. Compounders were, until recently, allowed to produce copies …
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Insurance Groups Celebrate Signing of Georgia Tort Reform Laws

By Hometown Insurance | April 24, 2025
ATLANTA (AP) — Republican Gov. Brian Kemp’s political organization took to social media to tout his success in limiting lawsuits in a way Georgians could understand. “Thank you” its ad proclaimed, with the words blocked in the yellow-and-black all-caps style …
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