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Posts by Hometown Insurance

US Agency Puts Onus on Amazon for Sale of Hazardous Third-Party Products

By Hometown Insurance | July 30, 2024
Amazon.com is responsible for hazardous products sold by third-party sellers on its platform under the federal safety law and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission said on Tuesday. The CPSC said it has issued …
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Recall of Boar’s Head Deli Meats Follows Sample Test for Listeria at Maryland Store

By Hometown Insurance | July 30, 2024
U.S. health officials last Friday announced a recall of some Boar’s Head liverwurst and deli meats as they investigate a listeria outbreak that has sickened nearly three dozen people and caused two deaths. Boar’s Head Provisions Co. recalled liverwurst because …
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South Alabama Woman Charged With 11 Counts of Insurance Fraud

By Hometown Insurance | July 30, 2024
An Alabama woman was arrested after she was indicted by a grand jury, charged with multiple counts of insurance fraud. Allison Dawn Benton Davis, 53, of Dothan, was charged with 11 counts of insurance fraud, according to local news reports. …
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Meta Platforms to Pay $1.4B to Settle Texas Lawsuit Over Facial Recognition Data

By Hometown Insurance | July 30, 2024
Meta Platforms META.O has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent. The terms of the …
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Wells Fargo Must Face Lawsuit Over Sham Job Interviews

By Hometown Insurance | July 30, 2024
A U.S. judge ordered Wells Fargo to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring diversity, even as it conducted sham job interviews of non-white and female applicants it had no plans to hire. U.S. …
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Microsoft Reports Outage of Some Office and Cloud Services

By Hometown Insurance | July 30, 2024
Microsoft Corp. said it’s investigating outages of some Office applications and cloud services. “We are investigating reports of issues connecting to Microsoft services globally,” the company wrote in an update on a site to monitor accessibility of its Azure cloud …
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Firefighters Increase Containment on California Wildfire Now at 599 Square Miles

By Hometown Insurance | July 30, 2024
Containment has increased on a fire that exploded in size and in a few days became California’s sixth largest wildfire, destroying hundreds of structures. The Park Fire near Chico, California, has burned 383,619 acres and as of Tuesday morning was …
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Highstreet Expands Florida Footprint with Flagler Insurance Agency

By Hometown Insurance | July 30, 2024
Michigan-headquartered Highstreet Insurance Partners, a rapidly growing, multistate insurance agency, has added to its Florida presence with the acquisition of Flagler Insurance Agency, based in Palm Beach, Florida. The terms of the deal were not reported. Highstreet said in a …
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AXA IM Prime Buys 20% Stake in French Private Credit Firm Rivage

By Hometown Insurance | July 30, 2024
A unit of AXA Investment Managers has agreed to acquire a minority stake in Rivage Investment, a specialist private credit firm focused on infrastructure debt that oversees more than €7.7 billion ($8.3 billion) in committed capital. AXA IM Prime, as …
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HDI Global Receives License to Open Office in Dubai

By Hometown Insurance | July 30, 2024
HDI Global SE has received a regulatory license from Dubai Financial Services Authority (DFSA) to open an office in Dubai. The new local presence in Dubai International Financial Centre (DIFC) will allow HDI Global to bring its global financial strength …
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