Posts by Hometown Insurance

Carnival Cruise Line, long the subject of lawsuits accusing its crew members of unwanted sexual advances on passengers, has won a new trial in a case in which a Florida jury awarded $10.3 million to a young woman who said …

Researchers have developed a new approach to boosting self-driving vehicle algorithms that could significantly reduce the time and cost required to prepare automated vehicles for real-world deployment, according to the University of Michigan. Rather than relying on the vast amounts …

International advertising and marketing firm Dentsu International Americas, LLC, violated federal law when it refused to hire a pregnant woman for a Minneapolis-based position promoting alcoholic beverage brands, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. …

The Permian Basin is on track to become the largest US natural gas-producing region by the end of the decade, making the world’s most productive oil shale field also the nation’s leader in gas output, according to Citigroup Inc. analysts. …

This edition of International People Moves details appointments at Guy Carpenter and QBE. A summary of these new hires follows here. Marsh Promotes Ward as CEO of Pacific, Guy Carpenter Insurance and reinsurance broker Marsh announced the appointment of Justin …

The Villages Health System in central Florida, part of the world’s largest retirement community, has agreed to pay almost $542 million to settle civil claims stemming from its disclosure that it submitted false diagnosis codes to boost payments from the …

More than three-fourths (78%) of U.S. insurers expect modest revenue growth during the next 12 months, and about half (49%) plan to increase staff. However, it seems many companies are “hiring to backfill key positions and bring in new talent, …

The Hawaii Insurance Division issued a memo to insurers this week stating it expects them to handle claims from Tropical Storm and Hurricane Lala “promptly, fairly,” and in accordance with state law insurance contracts. The memo on Wednesday from Insurance …

Severe droughts across Europe this summer led to huge wildfires, disrupted transport on critical routes, threatened power plants and hit corporate earnings across the continent. The credit markets are mostly unmoved. The extreme weather is a reminder of the growing …

Russian-speaking hackers used SpaceX’s coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and a report issued on Thursday by the startup …