Posts by Hometown Insurance

Dollar Tree Inc. plans to shutter about 1,000 stores in an effort to improve profitability as the discount retailer battles a spate of litigation and other headwinds. The company expects to close about 600 Family Dollar stores in the first …

Hamilton Insurance Group Ltd., the Bermuda-based re/insurer, announced the sponsorship of a new catastrophe bond through the issuance of Series 2024-1 notes by Easton Re Ltd. Easton Re will provide the company’s operating platforms with risk transfer capacity of $200 …

European Union governments backed a proposed law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage after Italy switched sides. A “qualified majority” of 15 EU countries making up 65% …

A mishap with a cockpit seat may have thrust the pilot into the controls of a Boeing Co. 787 plane flying to New Zealand this week, triggering the sudden plunge that injured 50 passengers, the Wall Street Journal reported, citing …

An investigation is underway after a worker at a golf cart manufacturer in Georgia was caught in a conveyor belt and fatally injured. Multiple news reports said a contract worker, Alyssa Drinkard, age 21, had dropped one or more of …

While smartphone use is rising, fewer phones are suffering damage that requires repairs or replacement. Good thing, because users can hardly part with smartphones long enough to get them fixed. In its latest Mobile Mythconceptions Surveys, Allstate Protection Plans found …

Texas cities dominated the list of US metro areas with the biggest population increase last year, claiming four spots in the top 10. The Dallas-Fort Worth area topped the rankings with a population gain of nearly 153,000 during the 12 …

Massive chunks of hail pelted parts of Kansas and Missouri on Wednesday night, bringing traffic to a standstill along Interstate 70, as storms unleashed possible tornadoes and meteorologists urged residents to stay indoors. There were three unconfirmed reports of tornadoes …

Since Russia invaded Ukraine two years ago, nearly 50 merchant ships have been languishing in its waters, stuck in ports too dangerous to sail from. But while these ships have not moved, some of their owners have changed, highlighting the …

A 19-year-old Michigan man who lost his right eye after being shot with a firearm made from a ghost gun kit filed a lawsuit against his former best friend who accidentally shot him and the Pennsylvania company that sold his …