Posts by Hometown Insurance
Nevada Jury Awards $130M to 5 People With Liver Damage After Drinking Bottled Water
A Nevada jury awarded about $130 million in damages in a lawsuit filed by five people who suffered liver damage after drinking bottled water marketed by a Las Vegas-based company before the product was recalled from store shelves in 2021. …
Read More Ryze Claim Solutions to be Majority-Owned by Bain Capital
Ryze Claim Solutions, a full-service claims management business, announced it has entered a definitive agreement to be recapitalized by Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital. Following the transaction, Ryze will be majority-owned by Bain Capital …
Read More Ohio City Settles with Former Officer and Truck Driver Involved in K-9 Attack
COLUMBUS, Ohio (AP) — A central Ohio city agreed this week to a settlement with a former K-9 officer and a truck driver involved in an attack last year, video of which garnered national attention and raised questions about the …
Read More Furman University, Family Mourning After Collapse, Death of Football Player
GREENVILLE, S.C. (AP) — Furman University defensive tackle Bryce Stanfield died Friday, two days after collapsing during a workout at the school’s football stadium. Furman President Elizabeth Davis said in a letter to the university community that the 21-year-old Stanfield …
Read More EU Lawmakers Ratify Provisional Deal on Artificial Intelligence Rules
Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world’s first legislation …
Read More Robot Invasion Hit a Bump in 2023 as North American Economy Cooled
North American companies ordered about a third fewer robots last year as worries about a slowing economy and higher interest rates made it harder to justify buying the advanced machines, the first hiccup in five years in what has been …
Read More Georgia Moves Toward Permit for Mineral Mine Near Okefenokee Swamp
SAVANNAH, Ga. (AP) — A company’s plan to mine minerals near the edge of the Okefenokee Swamp and its federally protected wildlife refuge neared final approval Friday as Georgia regulators released draft permits for the project, which opponents say could …
Read More Markets/Coverages: Loadsure Launches Motor Truck Cargo Insurance
Loadsure, the London-based insurtech MGA, announced the launch of motor truck cargo insurance, a data-powered insurance product, purpose-built for the logistics community. Called “Columbia™ – Motor Truck Cargo and Logistics Services Insurance,” the product targets SME enterprises and will provide …
Read More PoloWorks Launches Captive Manager Polo Insurance Managers
PoloWorks announced the launch of Polo Insurance Managers (PIM) after the Guernsey Financial Services Commission granted “approval in principle.” PIM will be one of the few independent insurance managers active in Europe and will serve captive, commercial and ILS clients …
Read More Arthur J. Gallagher & Co. Acquires London-Based Simply-Communicate Ltd.
Arthur J. Gallagher & Co. announced the acquisition of London-based The Wright Agency Ltd., doing business as Simply-Communicate Ltd. Terms of the transaction were not disclosed. Simply is a workplace communication agency providing consulting services and digital solutions to enhance …
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