Posts by Hometown Insurance

Australia’s markets regulator wants companies and directors to prioritize cyber resilience, warning it will take action against businesses that fail to make reasonable investments to protect themselves. Australian Securities and Investments Commission Chair Joe Longo said this month’s cyberattack on …

Countries’ current emissions pledges to limit climate change would still put the world on track to warm by nearly 3 degrees Celsius this century, according to a United Nations analysis released Monday. The annual Emissions Gap report, which assesses countries’ …

Britain’s opposition Labour Party met bank and insurance leaders on Monday to discuss ways to boost investment in infrastructure, as it continues a charm offensive with finance bosses ahead of an expected election next year that it is favored to …

Some K-12 public schools are racing to improve protection against the threat of online attacks, but lax cybersecurity means thousands of others are vulnerable to ransomware gangs that can steal confidential data and disrupt operations. Since a White House conference …

The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange. Negotiations between the Justice Department and Binance include the possibility …

U.S. auto safety regulators on Monday said they had opened a probe into 16 separate recalls issued by Hyundai and Kia covering 6.4 million vehicles relating to brake fluid leaks that could result in fires. The affiliated Korean automakers have …

For a year, a special New York law has cleared the way for a wave of headline-grabbing lawsuits against famous men accused of sexual misconduct, including former President Donald Trump, hip hop mogul Sean “Diddy” Combs and the comedian and …

Citigroup was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats. Ardith Lindsey said the New York-based bank, her employer since 2007, downplayed her complaints …

Growing the Business Is a Team Effort When Insurance Journal called Danielle Ellis, principal at Ellis Insurance Agency in Charleston, West Virginia, with the news that the agency had been named one of the Best Agencies to Work For in …

A federal judge has sentenced Ramon Paz of Lakeland, Florida to 33 months in federal prison for conspiracy to commit wire fraud to avoid paying for workers’ compensation insurance. According to the U.S. Attorney’s Office, Middle District of Florida, Paz …