Posts by Hometown Insurance
Bird Global, Which Started the Scooter Craze, Files for Bankruptcy in Florida
(Bloomberg) — Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, has filed for Chapter 11 bankruptcy protection in Southern Florida. The Miami-based company listed assets and liabilities of between $100 million and $500 …
Read More Large Fire Burns 2nd Residential Construction Site in 3 Days In Denver Suburb
Firefighters in the Denver metro area responded to the second large fire at an Aurora construction site in three days. Officials have not yet determined the cause for either fire and have not suggested that they were related, but both …
Read More Lawsuits Claiming Tylenol Causes Autism Lack Scientific Support, Judge Finds
A judge has barred expert witnesses from testifying that Johnson & Johnson spin-off Kenvue’s painkiller Tylenol can cause autism if mothers take it during pregnancy, finding that they failed to support their conclusions with scientific evidence. The ruling on Monday …
Read More Parkland Deputy’s Legal Team Says He had No Duty to Confront Gunman
FORT LAUDERDALE, Fla. (AP) — A former Florida sheriff`s deputy is claiming he had no legal duty to confront the gunman who murdered 17 people and wounded 17 others at Parkland`s Marjory Stoneman Douglas High School nearly six years ago, …
Read More The Most Listened Insuring Cyber Podcast Episodes of 2023
From AI chatbots and insurance to tech burnout in the workplace to managing cybersecurity in e-commerce, Insuring Cyber Podcast listeners were all ears this year as the cyber landscape continued to evolve and impact insurance in new ways. These are …
Read More Death Toll Climbs in China’s Worst Earthquake in Nearly a Decade
The death toll from China’s worst earthquake since 2014 rose to more than 130 as the government sent a top official to oversee recovery efforts. Some 113 people were killed in mostly rural areas of Gansu province and another 18 …
Read More Aon to Buy Middle-Market Broker NFP for $13.4 Billion
Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing …
Read More Toyota’s Daihatsu Unit to Halt All Vehicle Shipments, in Widening Safety Scandal
Toyota Motor’s Daihatsu unit will halt shipments of all of its vehicles, Japan’s biggest automaker said on Wednesday, after a safety scandal investigation found issues involving 64 models, including almost two dozen sold under Toyota’s brand. An independent panel has …
Read More Artificial Intelligence Can’t Be Named as Inventor for Patents: UK Top Court
Artificial intelligence programs can’t be named as an inventor for patents, the UK’s top court said in a crucial ruling that’s in line with decisions in the US and the European Union refusing to put machines on a near-equal footing …
Read More Shipping Insurance for Red Sea Transit Soars After Mounting Houthi Attacks
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an area that’s pivotal to global …
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