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Posts by Hometown Insurance

UK Data Protection Watchdog Warns Companies Over AI Use and Privacy

By Hometown Insurance | December 7, 2023
Britain’s data protection watchdog warned companies to consider people’s privacy rights whenever they use artificial intelligence (AI) or face not just fines but losing the public’s trust in the technology. The country’s Information Commissioner, John Edwards, said at a speech …
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Report: Kentucky Fund Made $239,000 in Erroneous Tornado Relief Payments

By Hometown Insurance | December 7, 2023
FRANKFORT, Ky. (AP) — A report released Tuesday by state officials on the disbursement of Kentucky`s tornado relief fund found that it sent out about $239, 000 in mistaken payments. The review of the fund by State Auditor Mike Harmon`s …
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Family of Man Who Died Sues Tow Truck Driver They Said Sat on the Man’s Head

By Hometown Insurance | December 7, 2023
ATLANTA (AP) — The family of a Georgia church deacon who died after struggling with a police officer following a minor car crash has filed a wrongful death lawsuit against a tow truck driver they say arrived during the confrontation …
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Airline Industry to Meet to Discuss Safety Concerns Around Spike in GPS Spoofing

By Hometown Insurance | December 7, 2023
Global aviation industry leaders will meet in January to discuss safety concerns around increased GPS interference by cyberattackers steering planes off course, an International Air Transport Association executive said on Wednesday. Global Positioning System (GPS) spoofing has spiked in recent …
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AXA Weighs $1.1B Disposal of European Protection Insurance Businesses: Sources

By Hometown Insurance | December 7, 2023
AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 billion euros ($1.1 billion), two people close to the matter told Reuters. The French insurance group has …
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UK Insurance Broker Ardonagh Weighs Refinancing $3.9 Billion Debt Pile

By Hometown Insurance | December 7, 2023
The Ardonagh Group is considering refinancing its entire debt stack to help finance more acquisitions, in a deal that would rank among the largest ever for private credit. The UK insurance broker is in talks with lenders about refinancing its …
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Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots

By Hometown Insurance | December 7, 2023
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover in potential conflict hot spots. Political violence cover, which businesses can take out to …
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J&J Cites ‘Progress’ Settling Baby Powder Cancer Cases

By Hometown Insurance | December 7, 2023
Johnson & Johnson said it’s moving forward to resolve lawsuits that claim its talc-based Baby Powder causes cancer to avoid facing some jury trials next year and further its strategy of finding a global settlement for thousands of cases. “We …
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Ex-Twitter Exec Claims in Lawsuit He Was Fired for Raising Security Concerns

By Hometown Insurance | December 7, 2023
A former executive at Twitter Inc, now called X Corp, has filed a lawsuit claiming he was fired after Elon Musk acquired the company for objecting to budget cuts that would prevent the company from complying with a U.S. government …
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Long Island Rail Road Employee Falsified Inspection Report Before Derailment

By Hometown Insurance | December 7, 2023
A former employee of the Long Island Rail Road (LIRR) pleaded guilty to falsely claiming he had inspected a part of a railway that an investigation determined was broken and contributed to a collision in Speonk, New York in 2019. …
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