Posts by Hometown Insurance

A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global economy $3.5 trillion over a five-year period, according to research from Lloyd’s and the Cambridge Centre for Risk Studies. While …

U.S. auto safety regulators on Tuesday opened a probe into whether General Motors’ self-driving unit Cruise is taking sufficient precautions with its autonomous robotaxis to safeguard pedestrians. The National Highway Traffic Safety Administration (NHTSA) said has received two reports from …

Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns, according to a customer note. This is one …

FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back against testimony by a former executive who called its spending on marketing and celebrity endorsements excessive. Nishad Singh, FTX’s former …

King Insurance Partners, a brokerage headquartered in Gainesville, Florida, has continued its steady growth with the acquisition of Thetford Insurance Services in Tennessee and Kentucky. Thetford, a boutique firm based in Nashville, was founded in 1992 by John Thetford Sr. …

The Hillsborough County Sheriff’s Office is still investigating after burglary that swiped more than $1.6 million worth of liquor from a Tampa-area warehouse. The theft happened in July at the Republic National Distributing Co. warehouse in Gibsonton, Florida, and was …

The Justice Department (DOJ) announced it has has opened a civil rights practices investigation into the Trenton, New Jersey police department. Officials said the investigation will seek to determine “whether there are systemic violations of the Constitution and federal law” …

The deaths of two employees of a Bronx water and sewer contractor at a construction site at John F. Kennedy International Airport could have been prevented with proper safeguards, according to investigators with the federal Occupational Safety and Health Administration …

Louisiana Insurance Commissioner-Elect Tim Temple has announced the formation of an Insurance Advisory Council that will identify legislative recommendations for upcoming legislative sessions, including a special session to address the state’s insurance crisis. Temple said the council will focus on …

A Tulsa, Oklahoma manufacturing facility exposed employees to struck-by hazards and identified 36 violations, including 25 serious safety violations of U.S. Department of Labor regulations, three federal workplace safety and health investigations found. Investigators with the Occupational Safety and Health …