Posts by Hometown Insurance
Court Upholds Mechanic’s $726M Verdict Against ExxonMobil Over Benzene Exposure
A Philadelphia Court of Common Pleas has upheld a Philadelphia jury’s $725.5 million verdict against ExxonMobil in a case of cancer linked to exposure to benzene, an ingredient in gasoline. The court denied ExxonMobil’s post-trial motions and added more $90 …
Read More Tropical System Moving in Carolinas Monday with Winds, Rain, Floods
A potential tropical storm loomed off the coasts of the Carolinas Monday morning, with deteriorating conditions expected for the Wrightsville Beach and Wilmington areas. The National Weather Service and local news reports noted that the disturbance had already brought heavy …
Read More People Moves: Lillelund Named CEO of AGCS; Ardonagh Names Allianz’s Mitchell for Growth in Asia; Carbon Taps Asta’s Gallagher as Head of Syndicate Mgmt.
This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and Carbon Underwriting. A summary of these new hires follows here. Lillelund Named CEO of AGCS and Allianz Commercial Allianz Global …
Read More Senator, Congresswoman Warn of Property Crisis as Climate Change Grips Florida
Florida and much of the country face a real estate crash unless government officials deal with climate change, members of Congress said at a roundtable discussion Saturday in St. Petersburg. U.S. Sen. Sheldon Whitehouse, D-R.I., chair of the Senate Budget …
Read More Musk Calls Australian Government ‘Fascists’ Over Misinformation Law
Elon Musk, owner of social media platform X, on Friday [Sept. 13] called Australia’s center-left government “fascists” over proposed legislation to slap fines on social media firms for failing to prevent the spread of misinformation online. Australia’s Labor government on …
Read More UK to Classify Data Centers as ‘Critical National Infrastructure’
Britain’s data centers will be classified “critical national infrastructure,” the government said on Thursday [Sept. 12], giving the servers and IT systems that underpin the country’s communications extra protection from cyberattacks. Britain said the move would reassure companies building data …
Read More EU Navy Starts Towing Stricken Red Sea Oil Tanker Hit by Houthis
The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red Sea, and that the vessel is now being towed away. “The tug boats have successfully connected to the vessel and …
Read More Shanghai Slammed by Strongest Typhoon to Hit City Since 1949
The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting holidaymakers at the start of a days-long national festival. Typhoon Bebinca — known as Beibijia in China — crossed the …
Read More Flood Death Toll Rises in Europe With More Heavy Rain Forecast
The death toll from flooding in central Europe is climbing, with Poland preparing to declare a state of emergency. Storm Boris has brought torrential rain to the region, with red alerts still in place for parts of Austria, the Czech …
Read More Walgreens Paying $106.8 Million to Settle Prescription Billing Fraud Charges
Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that were never dispensed, the Department of Justice said on Friday. The Justice Department said Walgreens violated the federal False Claims …
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