Posts by Hometown Insurance

London’s marine insurance market has widened the area in the Red Sea it deems as high risk amid a surge in attacks on commercial ships, according to a statement issued on Monday. Guidance from the Joint War Committee, which comprises …

Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California’s civil rights agency on behalf of women employed by the video game maker. The settlement, which is subject to court approval, resolves allegations that …

The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the three states that the carrier considered exiting in the absence of approvals, the Northbrook, Ill.-based carrier announced on Thursday. For …

McDonald’s Corp. will survey its US franchisees about their child-labor practices — a step toward tightening compliance following a series of violations by restaurant operators. The US Department of Labor fined franchisees in Kentucky, Pennsylvania, Tennessee, Louisiana and Texas this …

WINSTON-SALEM, N.C. (AP) — One child was killed and another was injured when a Christmas tree caught fire in a North Carolina manufactured home Tuesday evening, according to fire officials. Firefighters called to a home on Fanning Pointe Lane in …

Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in catastrophe-prone areas and states with challenging regulations, Alera Group forecasted in a December study. In its 2024 P&C Market Outlook, …

FORT LAUDERDALE, Fla. (AP) — It’s beginning to look at lot like … hurricane season — at least across much of South Florida, where it’s been windy and rainy for two days and the forecast predicts more of the same …

A chemical leak that killed six workers at a Georgia poultry plant in 2021 resulted from a poorly designed freezer that spilled deadly liquid nitrogen as well as a failure by the plant`s owner to install safety equipment and properly …

The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange then sought to challenge in court. The five-member commission, …

Law enforcement officials announced the final sentencing in their prosecution of an $18 million workers’ compensation fraud case and the return of $7.75 million to the New York State Insurance Fund (NYSIF). Manhattan District Attorney Alvin Bragg, Jr. on Friday …