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Insurance

Texas Judge Awards Nearly $2M for Negligent FBI Agent’s Fatal Shooting

By Hometown Insurance | March 10, 2025
A federal judge has awarded nearly $2 million in damages as part of a civil lawsuit after concluding an FBI agent was negligent when he fatally shot a kidnapped Texas man during a botched rescue attempt in 2018. The family …
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Rural Texas Hospitals Scramble to Respond to Measles Surge

By Hometown Insurance | March 10, 2025
Five years ago, Melanie Richburg used a roll of duct tape, a HEPA filter and a portable fan to draw contaminated air out of a hospital room where patients were tested for the coronavirus. Now, as the state’s largest measles …
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8 Hurt When Driver Plowed Vehicle into California Car Dealership

By Hometown Insurance | March 10, 2025
Eight people were injured over the weekened when a driver plowed a vehicle into a CarMax location in the Los Angeles area. Two people were critically hurt at the dealership in Inglewood, while the other six had minor injuries, Los …
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Nirvana Raises $80M for AI-Driven Fleet Insurance; Carrier-Agency Connector CoverForce Secures $13M

By Hometown Insurance | March 10, 2025
Nirvana Insurance Secures $80M for Trucking Insurance AI Nirvana Insurance, an AI-driven commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. The round was led by General Catalyst with continued support …
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Pilot Error Likely Caused Small Plane Crash That Killed Family in Tennessee

By Hometown Insurance | March 10, 2025
NASHVILLE, Tenn. (AP) — A fiery small plane crash in Tennessee last year that killed a Canadian family of five was most likely the result of an error by the father, who was piloting the plane, according to a National …
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Supreme Court Nixes Challenge to State Climate Suits Against Oil Firms

By Hometown Insurance | March 10, 2025
Adds background on case in paragraphs 3-13 By Nate Raymond March 10 (Reuters) – The U.S. Supreme Court rejected on Monday a bid by 19 Republican-led states led by Alabama to block five Democratic-led states from pursuing lawsuits accusing major …
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France Warns of Soaring Insurance Costs From Climate Change

By Hometown Insurance | March 10, 2025
French households, businesses and local authorities will face soaring costs for insurance if the country fails to adapt to a changing climate, the government said Monday. The cost of climate disasters may double in the 30 years through 2050, reaching …
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Bayer Threatens to Stop Roundup Weedkiller Sales in US Over Litigation Costs

By Hometown Insurance | March 10, 2025
Bayer has told U.S. lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability litigation, according to a financial analyst and a person close to the matter. Bayer has paid about $10 billion to …
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Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure

By Hometown Insurance | March 10, 2025
Arthur J. Gallagher & Co. announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial …
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Medical Plane’s Voice Recorder Likely Not Working for Years Before Crash

By Hometown Insurance | March 10, 2025
The cockpit voice recorder was not working on a medical transport plane that killed seven people when it plummeted into a Philadelphia neighborhood in January and likely had not been functioning for several years, the National Transportation Safety Board said …
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