Posts by Hometown Insurance
Vermont’s Consumer Protection Suit Against Energy Firms Returned to State Court
The federal district court in Burlington, Vermont recently granted the state attorney general’s motion to return the state’s consumer protection case against Exxon and other fossil fuel producers to state court. The federal court said that since the case is …
Read More Banks, Insurers Ordered to Report Sexism and Bullying Cases in Britain
Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and other non-financial misconduct cases they have recorded since 2021 and how they have dealt with them. The Financial Conduct Authority …
Read More FWD Mulls Options for $10 Billion Insurer After IPO Delay, Sources Say
FWD Group Holdings Ltd., the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to people familiar with the matter. The company could seek a valuation …
Read More Regulators to Review Power System Performance During Recent Winter Storms
U.S. energy regulators have launched a review of the performance of the bulk power system during recent winter storms in January that brought Arctic air across much of North America, the North American Electric Reliability Corporation (NERC) said on Tuesday. …
Read More Microsoft Says it Caught Hackers From China, Russia and Iran Using its AI Tools
State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday. Microsoft said in its report it had tracked hacking groups affiliated …
Read More Case Dismissed: Appeals Court Slams Expert Witness in Diabetes Drug Lawsuits
Multi-district litigation over the diabetes drug saxagliptin, a case that combined more than 80 suits from around the country, has failed because the plaintiffs’ sole expert witness was unreliable and did not show a causal link between the medication and …
Read More Disneyland’s Mickey Mouse And Cinderella Performers May Unionize
Workers who help bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald Duck and Cinderella — are looking to unionize. Labor organizers announced the campaign, saying performers want better safety conditions and scheduling policies to help them keep …
Read More People Moves: Liberty Names Donatini and Collins VPs, Gootrad Business Development Specialist
The Liberty Company Insurance Brokers named Rick Donatini and Tim Collins to vice president positions and Jules Gootrad as a business development specialist. Donatini joined the firm as vice president, employee benefits. Donatini has more than 30 years of industry …
Read More How Worker Won Workers’ Compensation for Mental Health Care After Car Crash Injury
A Virginia employer cannot assert that an injury is unrelated to a workplace accident while also arguing that the medical care for that injury is unauthorized; instead the employer must choose one or the other position, the Virginia Workers’ Compensation …
Read More Lingering Inflation Risks Keep Fed Officials in Wait-and-See Mode on Rate Cuts
The Federal Reserve entered 2024 within spitting distance of its inflation goal. But that’s not quite close enough for policymakers. The risk that inflation could remain stuck above their 2% target is guiding Fed officials’ preference to keep interest rates …
Read More