Posts by Hometown Insurance
US Indicts Leader of Prolific LockBit Ransomware Gang
The leader of one of the most prolific ransomware gangs was indicted and sanctioned by the US government on Tuesday, the latest effort by law enforcement authorities to crack down on rampant cybercrime. Dmitry Yuryevich Khoroshev, a 31-year-old Russian national, …
Read More Truist Finishes Insurance Subsidiary Sale; Broker Rebrands as TIH, Names All-Star Board
Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone Point Capital …
Read More NHTSA Seeks Answers From Tesla in Autopilot Recall Probe
U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker’s December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) said last …
Read More Georgia Governor Signs Bill Regulating Kratom, a Supplement Blamed for Deaths
ATLANTA (AP) — Georgia’s governor on Thursday signed a bill putting new regulations on the production and sale of products containing kratom, a plant-based supplement. The law, which takes effect Jan. 1, prohibits the sale of kratom to anyone under …
Read More Bounce House Swept Up By Wind Kills One Child and Injures Another
One child was killed and another injured when a bounce house was swept up by wind in Casa Grande, Arizona, in what local authorities called “a tragic accident.” Saturday’s fatality occurred after a strong gust sent the inflatable toy house …
Read More Australia’s Qantas to Pay $79M to Settle Flight Cancellation Case
Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already canceled flights, in an attempt to end a reputational crisis that has engulfed the airline. The …
Read More EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting
The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from accessing EU ports and anchorage zones, and …
Read More HSB Opens Office in the Kingdom of Saudi Arabia
HSB announced the opening of a new office location in Al-Jubail, Saudi Arabia, on May 6. “One of our strategic priorities is to increase accessibility to HSB’s inspection and engineering services, particularly in growing markets such as Saudi Arabia,” said …
Read More People Moves: Everest Names US Regional Executives to North America Insurance Leadership
Everest Insurance, the insurance division of Everest Group, Ltd. headquartered in Hamilton, Bermuda, appointed four United States regional executives as part of realigning its retail business into four regions. Craig Hanrahan, regional executive, U.S. northeastern region, joins Everest from Chubb, …
Read More CDC Asks States to Make Worker Protective Gear Available to Combat Bird Flu
The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective gear for farm workers to avoid infection against H5N1 bird flu. The CDC …
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