Posts by Hometown Insurance
Fires From 2023, Smoldering Under Snow, Reveal Canada’s Dangerous New Reality
As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes in Alberta, dozens of the fires whose smoke darkened North America’s skies last year are still burning — with some …
Read More UK Stands to Lose 8 Million Jobs From AI, Analysis Warns
As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government policy, the Institute for Public Policy Research warned. AI already impacts 11% of tasks done by UK staff, a figure …
Read More Titanic Law Helps Ship Owner Limit Bridge Collapse Liability
The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims after the accident sent vehicles plunging into the water and threw the eastern US transportation network into chaos. But …
Read More SEC Ramps Up Massive-Hack Probe With Focus on Tech, Telecom Companies
The US Securities and Exchange Commission is asking tech and telecom companies how they handled the sprawling 2020 SolarWinds cyberattack, and drawing fire from the cybersecurity industry and big business for what they call overreach. The SEC, which sought the …
Read More Is IRS Abusing its Authority in Micro-Captives Investigations?
Editor’s note: Captive insurance programs have blossomed in a number of Southern states in recent years, including Tennessee and North Carolina. But new questions have been raised about whether some micro-captives are used as tax shelters, and about the IRS …
Read More NC High Court Strikes Down Compensability of Weight-Loss Surgery, Adopts Strict Test
The North Carolina Supreme Court has undone rulings by an appeals court and the state’s Industrial Commission that had granted workers’ compensation insurance payments for a woman’s weight-loss surgery. And in doing that, the high court formally adopted a multi-factor …
Read More Participate in the Annual Young Agents Opinion Survey: Last Call
Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us what you …
Read More Six Presumed Dead After Bridge Collapse, as Port Disruptions Hit Cars to Coal
The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. As much as 2.5 million tons of coal, hundreds of cars made by Ford Motor Co., and General Motors Co., …
Read More Houston to Sell $1.1 Billion Bonds for Firefighter Settlement
Houston plans to sell more than $1 billion in bonds to settle a firefighters’ pay dispute and the city’s chief financial officer is warning it will swell the annual budget shortfall by as much as 75%. The fourth-largest US city …
Read More US Great Plains, Midwest Brace for More Snow: Weather Watch
A large storm is keeping the upper Great Plains and Midwest of the US stuck in winter. The region is expected to see an additional 2 to 4 inches (5 to 10 centimeters) of snowfall on Tuesday, according to a …
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