Posts by Hometown Insurance
Telegram CEO Held Over Alleged Failure to Stop Crime on App
Pavel Durov, the chief executive officer of Telegram, has been detained in France over claims that the messaging service failed to properly fight crime on the app, including the spread of child sexual abuse material. The 39-year-old Russian-born billionaire was …
Read More Uber Hit by Record $324 Million Fine for Data Transfers to US
Uber Technologies Inc. was hit by a record €290 million ($324 million) fine by the Dutch privacy watchdog for failing to abide by European protection standards when it shipped swathes of sensitive data about its drivers to the US. The …
Read More Kroger Case Tests FTC Chair’s Bid to Protect Workers
Federal Trade Commission Chair Lina Khan’s initiative to use antitrust laws to protect workers faces a key test starting Monday when the agency will argue the merger between grocery chain Kroger and its rival Albertsons would crush unionized workers’ bargaining …
Read More What Policies Have Worked to Fight Climate Change? Answer: When the Polluter Pays.
To figure out what really works when nations try to fight climate change, researchers looked at 1,500 ways countries have tried to curb heat-trapping gases. Their answer: Not many have done the job. And success often means someone has to …
Read More People Moves: Chaucer Hires Baker From AXA XL to Lead Political Violence Team; EagleView Hires Cooke for Enterprise Growth
Global specialty insurer Chaucer hired Alex Baker as class underwriter within its political violence and crisis management team. Baker will lead the delivery of their growth strategy and portfolio management in the US market. Baker previously worked at AXA XL …
Read More North Carolina Supreme Court Says Speedway Can Sue Over COVID Closure
RALEIGH, N.C. (AP) — A North Carolina racetrack, shuttered briefly for defying state gathering limits during the pandemic, can sue the top health regulator on allegations that Gov. Roy Cooper’s administration violated the constitutional rights of its operators by trying …
Read More Wildfire Risk Harms California Home Values, San Francisco Fed Study Finds
California’s wildfires are weighing on home prices more than in the past, and insurance availability does little to help in areas considered to be at higher risk, according to a Federal Reserve Bank of San Francisco study. “Our results suggest …
Read More Smoke Plume Over Houston Fades After TPC Restores Power
Texas chemical producer TPC Group Inc. has restored normal operations at its facility that spewed thick, black smoke into the Houston sky for almost four hours Monday. The plant, which makes chemicals used to manufacture tires, lost power during a …
Read More Louisiana Insurers Required to Submit Hurricane Season Data by Aug. 30 Deadline
Insurers in Louisiana have until Friday, Aug. 30 to compete a data call relating to property and casualty homeowners’ insurance policies and commercial lines property policies during the 2024 hurricane season. Louisiana Insurance Commissioner Tim Temple issued Directive 224 to …
Read More People Moves: Christensen Group Insurance Appoints Mazzanti to Spearhead Chicago Expansion
Christensen Group Insurance, headquartered in Eden Prairie, Minnesota, appointed Chuck Mazzanti to spearhead its expansion into the Chicago metropolitan area. Mazzanti is a commercial lines producer with over 15 years of industry experience. He most recently served as a construction …
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