Posts by Hometown Insurance

The government plan to pay billions of dollars to victims of toxic water at Camp Lejeune has unleashed a wave of fraudulent claims that threatens to disrupt or taint what could be one of the largest-ever mass tort cases. Mikal …

OKITIPUPA, Nigeria (AP) – It was the dead of night when the ship caught fire, Patrick Aganyebi remembers, but the flames made it seem as bright as day. The explosion that night woke him and knocked him to the floor. …

The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC lawsuit in Manhattan …

A group of poultry producers, including the world’s largest, have asked a federal judge to dismiss his ruling that they polluted an Oklahoma watershed. Arkansas-based Tyson Foods, Minnesota-based Cargill Inc. and the others say in a motion filed Thursday that …

Ryan Specialty announced it has signed a definitive agreement to acquire AccuRisk Holdings, LLC, a medical stop loss managing general underwriter. AccuRisk is headquartered in Chicago, Illinois and was founded in 2017. Discussing the acquisition, Patrick G. Ryan, Founder, Chairman …

Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new survey of risk specialists by insurance company AXA SA. Only 7% of almost 3,500 risk experts from 50 countries said …

Financials Acquisition Corp. said Monday it would ask shareholders to back its planned merger with its newly formed insurance venture, in a test of investor appetite for new stocks. The special purpose acquisition company (SPAC) unveiled plans earlier this year …

A man from Japan wrongly accused of drunken driving can sue a Michigan police officer who grossly misread a breath test and conceded during the stop that she had “no idea” what she was doing, a federal appeals court said …

The U.S. Food and Drug Administration has warned consumers to not purchase or use certain eye drops from several brands, including CVS Health Corp and Cardinal Health, as they may cause eye infection and in some cases possible vision loss. …

More than a dozen groups are pressing the U.S. Justice Department to retreat from a new policy they say gives a “free pass” to corporate wrongdoers, a sign of mounting criticism among progressives of enforcement under President Joe Biden. Demand …