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Posts by Hometown Insurance

Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings

By Hometown Insurance | December 29, 2023
Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the insurer revealed a more recent cybersecurity incident. …
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After Recalls and Infections, Experts Say Safer Eyedrops Will Require New FDA Powers

By Hometown Insurance | December 29, 2023
When you buy eyedrops at a U.S. store, you might assume you’re getting a product made in a clean, well-maintained factory that’s passed muster with health regulators. But repeated recalls involving over-the-counter drops are drawing new attention to just how …
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Google Settles $5 Billion Consumer Privacy Lawsuit

By Hometown Insurance | December 29, 2023
Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing privately. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, put a scheduled Feb. …
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China Sets Tougher Capital Rules for Registering New Firms

By Hometown Insurance | December 29, 2023
Chinese lawmakers changed the country’s Company Law by setting tougher capital rules for registering a new firm, an effort to close loopholes in corporate governance and prevent financial risks. The revised law takes effect July 1, 2024, the official Xinhua …
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JD.com Wins Anti-Monopoly Lawsuit Against Alibaba

By Hometown Insurance | December 29, 2023
Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1 billion yuan ($140.68 million) for monopolistic practices. The High People’s Court of Beijing ruled that Alibaba Group Holding Ltd. along with …
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Minnesota Woman Files Appeal Claiming Gender Discrimination in Denied Emergency Contraception Case

By Hometown Insurance | December 29, 2023
MINNEAPOLIS (AP) – Attorneys for a woman who was denied emergency contraception in 2019 told the Minnesota Court of Appeals Thursday that the pharmacist who refused to fill the prescription discriminated against her on the basis of her sex. But …
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When Children Take Toxic Cough Syrup, and Live…

By Hometown Insurance | December 29, 2023
Devouring books from a young age, Sheena Almaera Maryam had been excited about her first day of kindergarten near Jakarta. But when she developed a fever in September 2022, the syrup she was prescribed turned out to be toxic. It …
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Top International Insurance Journal Stories of 2023

By Hometown Insurance | December 29, 2023
Yes, another year has flown by, and it’s once again time for the top 10 international Insurance Journal stories of 2023. This year, they are a real hodgepodge of topics, ranging from hard market trends, to faulty wind turbines, to …
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World Meteorological Organization Says 2023 Will Easily Break Climate Records

By Hometown Insurance | December 29, 2023
With a few days left to go until next year, it can be said that 2023 has officially shattered climate records. A World Meteorological Organization provisional State of the Global Climate report confirmed that 2023 is set to be the …
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Top National Insurance Journal Stories of 2023

By Hometown Insurance | December 29, 2023
Auto insurers again in 2023 had a lot of trouble battling several headwinds preventing them from turning a profit. The topic was one of many in which readers of Insurance Journal kept a close eye. Other than the trials of …
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Recent Posts

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