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Posts by Hometown Insurance

New North Carolina Laws on Rioting, Power Station Attacks, Guns Take Effect

By Hometown Insurance | December 4, 2023
RALEIGH, N.C. (AP) — New or tougher criminal penalties against rioting, vandalizing power stations and harassing law enforcement officers and emergency workers are among North Carolina laws approved this year that took effect Friday. Expanded gun rights at some places …
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Massachusetts to Remove 8 Aging Dams for Water Quality, Flood Mitigation, Safety

By Hometown Insurance | December 4, 2023
Eight aging dams in central and western Massachusetts will be removed as part of a $25 million initiative announced Friday by state environmental officials. The structures to be dismantled include the abandoned high-hazard Bel Air Dam in Pittsfield. Removing the …
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US Supreme Court Set to Review Purdue Pharma Bankruptcy Settlement

By Hometown Insurance | December 4, 2023
The U.S. Supreme Court on Monday is set to hear a challenge by President Joe Biden’s administration to the legality of OxyContin maker Purdue Pharma’s bankruptcy settlement, a deal that if approved would shield its wealthy Sackler family owners from …
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Severe Cyclone May Bring Floods to Parts of Southeast India

By Hometown Insurance | December 4, 2023
A severe cyclone in the Bay of Bengal is likely to cause heavy rain and strong winds across southeast India, with authorities warning of flash floods, damage to crops and power failures in some affected areas. Cyclone Michaung may bring …
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Australia Faces Increased Risk From Bushfires Ahead of El Niño Summer

By Hometown Insurance | December 4, 2023
Australia faces an increased risk of bushfires during the approaching summer, authorities warned on Thursday, with the El Niño weather pattern expected to generate hotter and drier conditions across large swathes of the country. Three years of incessant rain has …
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Global Regulators Propose Tougher Scrutiny of Voluntary Carbon Markets

By Hometown Insurance | December 4, 2023
A global securities watchdog proposed 21 safety measures on Sunday to improve integrity, transparency and enforcement in voluntary carbon markets (VCMs) in a sector of growing importance to efforts to combat climate change. IOSCO, which groups market watchdogs from Asia, …
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Spanish Media Association Files $598M Lawsuit Against Facebook Owner Meta

By Hometown Insurance | December 4, 2023
A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms, citing unfair competition in the advertising market. The lawsuit was filed by the AMI newspaper …
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Multiple Commercial Vessels Attacked in Red Sea

By Hometown Insurance | December 4, 2023
Three commercial vessels came under attack in international waters in the southern Red Sea, the U.S. military said Sunday, as Yemen’s Houthi group claimed drone and missile attacks on two Israeli vessels in the area. The Carney, an American destroyer, …
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Hillary Clinton Calls for Reform of Insurance Sector at COP28 Climate Talks

By Hometown Insurance | December 4, 2023
Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly withdrawing assistance against climate shocks. Lower-income countries and workers in nations most affected by climate change are struggling to access …
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Climate Finance Takes Center Stage at COP28 Climate Talks

By Hometown Insurance | December 4, 2023
Money pledges are grabbing the spotlight at COP28 in Dubai, and more were expected on Monday as delegates turned their focus to the yawning gap in how much climate finance is needed and what’s on tap. Monday was expected to …
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Recent Posts

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  • Prediction Market Bets on Wildfires Draw Scrutiny From Senators

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