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Posts by Hometown Insurance

Woman Shot at Chicago White Sox Game Sues Team and Stadium Authority

By Hometown Insurance | August 29, 2024
CHICAGO (AP) — A woman who was shot in the leg during a White Sox game last year is suing the team and the Illinois agency that owns Guaranteed Rate Field. The woman was in the left-field bleachers in Section …
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Appeals Court Revives Tesla’s Challenge Against Louisiana Law Banning Direct Sales to Consumers

By Hometown Insurance | August 29, 2024
NEW ORLEANS (AP) — Tesla’s federal court challenge to a Louisiana law that prohibits automobile manufacturers from selling directly to consumers has been revived by an appeals court. The lawsuit by the electric car company owned by billionaire Elon Musk …
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Chicago Manufacturer Faces $1M Fine for Exposing Workers to Silica Dust

By Hometown Insurance | August 29, 2024
Federal safety inspectors became aware that a 31-year-old employee of a Chicago countertop manufacturer needed a double lung transplant after suffering accelerated silicosis ‒ an incurable lung disease – and the U.S. Department of Labor immediately alerted the company of …
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Texas Officials Sued Over Anti-ESG Law Targeting Wall Street

By Hometown Insurance | August 29, 2024
The American Sustainable Business Council sued Texas officials in an effort to block a law that restricts state investments with certain financial firms because of their energy policies. The lawsuit filed Thursday in federal court in Austin, argues the 2021 …
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Telegram Lawyer Says Investigation Into CEO Durov Is ‘Absurd’

By Hometown Insurance | August 29, 2024
A lawyer for Telegram boss Pavel Durov, who is the target of an unprecedented investigation in France, said on Thursday it was “absurd” to suggest the head of a social network was responsible for any criminal acts committed on the …
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Dick’s Sporting Goods Reports Unauthorized Access to Information Systems

By Hometown Insurance | August 29, 2024
Dick’s Sporting Goods on Wednesday said it discovered unauthorized access to its information systems. In a filing with the U.S. Securities and Exchange Commission, Dick’s said it made the discovery of the cyberattack on Aug. 21 and immediately “activated its …
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US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

By Hometown Insurance | August 29, 2024
The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …
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Southern California Edison Seeks to Recover $1.6B of Wildfire-Related Losses

By Hometown Insurance | August 29, 2024
Southern California Edison, a unit of utility Edison International said on Thursday it was seeking approval for a settlement agreement to recover nearly 60% of losses related to wildfires and mudslides in 2017 and 2018. Under the agreement with the …
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Alabama Shipbuilder Austal to Pay $24M to Settle Accounting Fraud Probe

By Hometown Insurance | August 29, 2024
MOBILE, Ala. (AP) — Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the U.S. Department of Justice announced Tuesday. …
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Inadequate Inspections and Oversight Cited in Fatal WV Helicopter Crash

By Hometown Insurance | August 29, 2024
CHARLESTON, W.Va. (AP) — Inadequate inspections by an operator and a lack of oversight by the Federal Aviation Administration were partly to blame for the crash of a Vietnam-era tourist helicopter that killed six people in West Virginia two years …
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