Posts by Hometown Insurance

PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax practice but is unlikely to repair its toxic brand in the country anytime soon, according to experts. PwC said on Sunday …

Publishers Clearing House (PCH), which offers sweepstakes where people can win thousands of dollars per week for life, has agreed to pay $18.5 million and change its business practices to settle allegations it misled consumers about its contests, the U.S. …

Commercial space travel shares plenty of similarities with deep sea tourism: wealthy customers, tight spaces, far-flung destinations and waivers that clearly warn people they’re risking death by embarking on unregulated vehicles. As the world dissects what went wrong with the …

The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in three decades the agency has tapped the municipal …

Florida lawmakers this year approved a measure that could help reduce liability insurance premiums for home and condo builders – and limit exposure and litigation for liability insurers. But Senate Bill 360, which took effect in April, could also make …

Connecticut is updating its captive insurance laws to provide more flexibility for established captive cells and allow captives to accept and transfer risk using parametrics. The legislation also provides tax benefits for owners of dormant captives. Connecticut Governor Ned Lamont …

The Nevada Division of Insurance says it has been made aware of an email phishing scam targeting licensed insurance producers and agents in Nevada. The division has reportedly received several calls from licensed professionals reporting they received a fraudulent email …

Police in California are not immune from civil lawsuits for misconduct that happens while they investigate crimes, the state Supreme Court ruled, overruling a precedent made by lower courts that had helped protect law enforcement from litigation for decades. The …

A Port Allen, Louisiana pharmacy and its owner must pay $275,000 to resolve a federal civil lawsuit under the Controlled Substances Act, United States Attorney Ronald C. Gathe, Jr. announced. U.S. District Judge Brian A. Jackson has accepted and entered …

American workers are struggling. Employee stress has reached record highs. Symptoms and formal diagnoses of mental illnesses like anxiety, depression and PTSD are rising. Substance abuse disorders are up, too – as are suicide rates in some demographics. Understanding how …