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Posts by Hometown Insurance

Tennessee Launches Effort to Protect Songwriters and Singers from AI Mimickry

By Hometown Insurance | January 12, 2024
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee on Wednesday unveiled new legislation designed to protect songwriters, performers and other music industry professionals against the potential dangers of artificial intelligence. Lee made the announcement while standing in the middle of …
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FAA Launches Probe of Boeing 737 MAX 9 After Mid-Air Panel Incident

By Hometown Insurance | January 12, 2024
The U.S. Federal Aviation Administration is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight last week in mid-air, forcing an emergency landing, the regulator said on Thursday. The …
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Houthi Attacks on Shipping in Red Sea Persist; U.S. and Allies Strike Back

By Hometown Insurance | January 12, 2024
The United States and Britain carried out strikes from the air and sea against Houthi military targets in Yemen in response to the movement’s attacks on ships in the Red Sea. The Houthis have been targeting vessels in the southern …
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Indiana Bill Would Allow Employees to Select Physician in Workers’ Comp Cases

By Hometown Insurance | January 12, 2024
An Indiana lawmaker has proposed a bill that would allow employees to choose their attending physician in workers’ compensation cases. Rep. Charles Moseley, a Democrat, introduced House Bill 1246 this week, which would permit an injured worker to choose a …
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Dallas Auto Dealer That Gave Employee Racist ‘Trophy’ Fined $22K

By Hometown Insurance | January 12, 2024
AOD Ventures, Inc. doing business as Autos of Dallas, a local retailer of pre-owned vehicles in the Dallas-Fort Worth area, will pay $22,500 and furnish other relief to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity …
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Omaha Beef Processing Plant Faces $274K in Fines Following Worker’s Amputation

By Hometown Insurance | January 12, 2024
A federal investigation into how an employee suffered a serious hand injury at an Omaha, Nebraska beef processing plant in June 2023 identified more than a dozen willful and serious violations related to the company’s failures to protect its workers …
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Brexit Has Cost UK More Than $178 Billion so far: London Mayor

By Hometown Insurance | January 12, 2024
Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual cost of 140 billion pounds ($178 billion) – London mayor Sadiq Khan said on Thursday, with the shortfall seen reaching …
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Bank of England May Tighten Up on Life Insurers’ Use of Offshore Reinsurance

By Hometown Insurance | January 12, 2024
The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers who make riskier investments, as corporate pension providers increasingly rely on this offshore sector. Funded reinsurers help insurers manage the …
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Plastic Pellet Spill Unleashes Cleanup Nightmare on Spain’s Coast

By Hometown Insurance | January 12, 2024
Tiny white plastic pellets are washing ashore in Spain’s northwestern coast by the millions, with hundreds of volunteers leading the clean up as authorities struggle to coordinate and companies decline any responsibility. A tanker ship lost six containers off the …
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People Moves: Allstate Names Fiato EVP and Chief Claims Officer; TNEDICCA Names Progressive’s Pratt to Board

By Hometown Insurance | January 12, 2024
Allstate, headquartered in Northbrook, Ill., named Mike Fiato as executive vice president and chief claims officer, effective Jan. 22. Fiato joins Allstate with more than 32 years of industry experience. Most recently, he served as executive vice president and chief …
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