Posts by Hometown Insurance
Houthi-Sunk Ship Seen as Likely Cause of Severed Red Sea Cables
The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February, according to a subsea cable trade group that includes companies …
Read More Generali CEO’s Strategic Wishlist Includes €10 Billion Deals
Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some of them worth more than €10 billion ($10.9 billion), according to people familiar with the matter. The Italian insurer would …
Read More Lawsuit Filed Against Lighting Company Over Ohio Cannabis Facility Explosion
An Ohio cannabis manufacturer and its insurer are suing a lighting products provider for negligence after a lamp it sold exploded at a greenhouse, causing six figures worth of damages. Cure Ohio and Dorchester Insurance filed a complaint last week …
Read More ‘Exit Scam’ – Hackers That Hit UnitedHealth Pull Disappearing Act
The hackers responsible for the breach at UnitedHealth Group appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and replacing their old website with a bogus statement from law enforcement. The U.S. insurer …
Read More Chemical Linked to Cancer Found in Acne Creams Including Proactiv, Clearasil
Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer. Acne products from brands including Proactiv, …
Read More Giving Highlighted at Annual Philanthropic Roundtable
Leaders from 25 major insurance organizations recently gathered for presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability. During the Insurance Industry Charitable Foundation’s 2024 Philanthropic Roundtable, which took place on …
Read More Fed Court Wants Florida Supremes to Clarify Rule that Can Bar Subrogation Recovery
In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked the recover of millions of dollars per year in subrogation recovery for liability insurance …
Read More Liberty University to Pay $14M Fine for Failure to Disclose Campus Crimes
Liberty University has agreed to pay an unprecedented $14 million fine for the Christian school’s failure to disclose information about crimes on its campus and for its treatment of sexual assault survivors, the U.S. Department of Education announced Tuesday. The …
Read More Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims
Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim filing requirements for victims of last summer’s Spokane County wildfires. Insurance companies typically require policyholders to provide a full, itemized …
Read More Chicago Children’s Hospital Restores Some Systems Following Cyberattack
CHICAGO (AP) — Doctors and nurses at a premier Chicago children’s hospital can again access patients’ electronic medical records, more than a month after a cyberattack forced Lurie Children’s Hospital to take its networks offline. The hospital provided the update …
Read More