Posts by Hometown Insurance
Thousands of Fires Are Burning in the Drought-Wracked Amazon
Much of Brazil is burning as tens of thousands of fires rage around the country, half of them in the Amazon rainforest. Exacerbated by a severe drought, the fires threaten one of the world’s most crucial ecosystems and are consuming …
Read More Florida Braces for Potential Gulf Hurricane Strike This Week
The US Gulf Coast from Mississippi to the Florida Panhandle is at risk of a hurricane strike by the end of the week as a patch of turbulent weather in the Atlantic becomes more organized. Currently a swirl of thunderstorms …
Read More Snowflake Hacker Still Active, Finding New Victims, Expert Says
A hacker responsible for a cybercrime campaign that impacted up to 165 companies this summer is still at large and recently broke into a “handful” of new organizations, according to a cybersecurity specialist at Alphabet Inc.’s Google. The attacker, who …
Read More Environmental Activist ClientEarth Sues Germany Over Pesticides Use
Environmental activist charity ClientEarth launched a lawsuit against Germany on Friday to push Berlin to implement an EU law to limit pesticide use in farming, the group said on Friday. The group said in a statement Germany was not complying …
Read More Methane Emissions Still Rising After Pledges to Curb Pollution
Methane releases from some of the world’s major fossil fuel hubs are continuing to rise, as key polluters make little progress on pledges to curb the potent greenhouse gas. Emissions of the gas across 13 large fossil fuel basins in …
Read More A Mercedes-Benz Fire May Cloud South Korea’s EV Transition
A Mercedes-Benz electric vehicle that burst into flames in the South Korean city of Incheon has fueled public fear over the safety of battery-powered cars in recent months. The incident saw 23 people hospitalized for smoke inhalation and left more …
Read More SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe
The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter. In a filing in …
Read More Google Judge Questions Company Testimony as Ad Defense Begins
A senior Google executive sought to refute the US Justice Department’s antitrust case over its display advertising technology business, testifying that it faces “fierce competition” from the likes of Microsoft Corp., Amazon.com Inc. and Meta Platforms Inc. But the federal …
Read More J&J Unit Files for Bankruptcy to Advance $10 Billion Talc Settlement
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby …
Read More Lloyd’s Syndicate Firm Launches Professional Liability Insurer, Based in Charlotte
Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance Services will stand up Oct. 1, with Doug Karpp, a former …
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