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Posts by Hometown Insurance

Ford to Replace Rear Cameras in New Recall

By Hometown Insurance | September 5, 2023
Ford Motor said on Friday it will recall 169,000 U.S. vehicles to replace rearview cameras and update software and is taking a $270 million charge to address the callback. It was the latest in a series of recalls for rear …
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FTC Wins Ruling in Deceptive Advertising Case Against Intuit

By Hometown Insurance | September 5, 2023
The Federal Trade Commission won an administrative ruling against TurboTax tax software maker Intuit INTU.O after the commission said the company misled consumers with deceptive advertisements pitching “free” tax filing products that millions of consumers were unable to use, the …
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Boy Struck and Killed by Car in Florida After Dog Chased Him into the Street

By Hometown Insurance | September 5, 2023
JACKSONVILLE, Fla. (AP) — A 12-year-old boy was struck and killed by a car Friday morning in Florida after a dog chased him into the street, authorities said. The boy and his younger brother had been walking on a sidewalk …
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Students Criticize NC University’s Response to Active Shooter Emergency

By Hometown Insurance | September 5, 2023
CHAPEL HILL, N.C. (AP) — As sirens blared across the University of North Carolina at Chapel Hill and cell phones lit up with alerts of an active shooter, Micah Baldonado cried quietly at his desk while his teacher proceeded with …
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Vermonters Race to Find Housing As Flood Recovery Continues and Winter Approaches

By Hometown Insurance | September 5, 2023
Seven weeks after catastrophic flooding in Vermont destroyed their mobile home, Sara Morris and her family don`t yet know what they will do for housing long-term. She and her husband, their three kids and his mother have been staying with …
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Horseshoe Beach Hopes to Rebuild After Idalia, But Most Had No Flood Insurance

By Hometown Insurance | September 5, 2023
HORSESHOE BEACH, Fla. (AP) — This remote seaside enclave known as “Florida`s Last Frontier” took much of the pounding from Hurricane Idalia when it struck the state`s west coast as a Category 3 storm last week. The damage left behind …
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Arthur J. Gallagher & Co. Buys UK-Based Lifesure Group Ltd.

By Hometown Insurance | September 5, 2023
Arthur J. Gallagher & Co. announced the acquisition of UK-based Lifesure Group Ltd. Terms of the transaction were not disclosed. Lifesure provides personal lines insurance broking services in the vacation/holiday and leisure industry, with products including park home, motorhome, caravan …
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China’s Huawei Files Lawsuit in Portugal Over Ban on Supplying 5G Equipment

By Hometown Insurance | September 5, 2023
Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s cybersecurity council CSSC that effectively bars operators from using its equipment in high-speed 5G mobile networks, the company said. The CSSC is the …
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S&P Raises Reinsurance Sector View to Stable From Negative as Rates Keep Rising

By Hometown Insurance | September 5, 2023
S&P Global has raised its view of the global reinsurance sector to stable from negative, it said on Tuesday, due to higher reinsurance rates and increasing investment income, while rival Moody’s kept its outlook for the sector stable. The COVID-19 …
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AI Fused With Trade Data May Finally Smooth Clunky Supply Chains

By Hometown Insurance | September 5, 2023
The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data to ferret out risks and opportunities in the $32 trillion global trading system. During the pandemic, government agencies and industries …
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