Posts by Hometown Insurance
Bayer Notches More Wins in Roundup Weedkiller Cancer Trials
Bayer on Tuesday said it won a trial in a lawsuit brought by a retired postal service worker in Pennsylvania who alleged he developed non-Hodgkins lymphoma from using the company’s Roundup weedkiller. In addition to the jury verdict in the …
Read More NC Appeals Court Gives Green Light to Liquidation of Lindberg Insurance Firms
Former North Carolina insurance and business mogul Greg Lindberg has lost an appeal on whether one of his companies can delay the liquidation of two of his troubled life insurance carriers. North Carolina Insurance Mike Causey said the March 5 …
Read More Cal/OSHA Increases Civil Penalty Amounts for 2024
California’s Division of Occupational Safety and Health recently increased penalties for certain violations, with some maximum penalties planned to rise as much as $4,983 this year, a smaller increase than in the past. This annual Cal/OSHA increase is required by …
Read More S&P Says Flooding Events for California Cities and Counties May Result in Long-Term Credit Risks
California’s high rainfall in 2023 is continuing into 2024 but has yet to have a material effect on credit quality for cities and counties rated by S&P Global Ratings, however the longer-term effects on issuers could be more significant, the …
Read More US Trade Groups Sue Over Biden Rule on ‘Gig’ Work, Contracting
Major U.S. business groups on Tuesday filed the latest lawsuit challenging a Biden administration rule that would make it more difficult for companies to treat some workers as independent contractors rather than employees. The groups including the U.S. Chamber of …
Read More Lloyd’s Hits 35% Female Leadership Target, Says it Has a ‘Way to Go’
Lloyd’s of London has hit a short-term target of filling 35% of leadership roles with women, although less than half of firms in the commercial insurance market had hit the mark, it said on Tuesday. Lloyd’s said it needed to …
Read More SpaceX Bid to Keep Labor Suit in Texas Denied by 5th Circuit
SpaceX’s bid to keep its lawsuit against the US National Labor Relations Board in Texas was denied by a federal appeals court, a setback for Elon Musk’s aerospace company in its battle against the agency. The aerospace company sued the …
Read More People Moves: AXIS appoints Dejung as Global Cyber & Technology CUO; SiriusPoint Names 3 Key Leaders in Global Underwriting
This edition of International People Moves details appointments at Bermuda-based AXIS Capital Holdings and SiriusPoint. A summary of these new hires follows here. AXIS appoints Dejung as Global Cyber & Technology CUO AXIS Capital Holdings Ltd. announced the appointment of …
Read More Michigan Town to Pay $320K to Japanese Man Wrongly Accused of Drunken Driving
A Michigan village has agreed to a $320,000 settlement with a man from Japan who was wrongly accused of drunken driving after a police officer badly misread a breath test, court records show. Ryohei Akima blew a 0.02 on the …
Read More Hub International Acquires Pair of Michigan Agencies
Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired A.S. Arbury and Sons, Incorporated (Arbury Insurance Agency) and the assets of Michelle L. Everett, Inc. (Michigan Insurance Associates). Terms of the transaction were …
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