Posts by Hometown Insurance
3M Reaches Tentative $10.3B Deal Over ‘Forever Chemicals’ Claims
3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to “forever chemicals,” the chemical company announced on Thursday. The company said the settlement would provide the funds …
Read More Travelers Championship With Elevated Status, $20M Purse Opens With McIlroy Hole-in-One
Nathan Grube, the tournament director of the Travelers Championship, used to worry about the years when the U.S. Open took place on the West Coast. Many of the world’s top golfers would make a decision to take a break the …
Read More Titanic Sub: Victims’ Families Could Still Sue Despite Liability Waivers
Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts said. The Titan submersible vanished on Sunday …
Read More Honda Recalling 1.2 Million Vehicles for Rear Camera Issue
Honda Motor is recalling 1.2 million vehicles in the United States due to a potential issue with the rearview camera image, the National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022 Pilot, and …
Read More EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout
European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey conducted by the Association for Financial …
Read More Europe’s Firefighters Call for More Resources as Climate Change Hikes Wildfire Threat
Firefighters across Europe are calling for more resources as climate change increases the threat of wildfires across the region. While the European Union announced a doubling of its aerial firefighting fleet for this season to 24 airplanes and four helicopters, …
Read More Marsh McLennan to Work With Ukraine to Provide Access to Global Insurance Market
Marsh McLennan, the professional services firm in the areas of risk, strategy and people, today announced that it will work with the Ukrainian government to help it unlock access to the global insurance market. As part of the support, it …
Read More Russia-Aligned Hackers Pose Threat to Canada Energy Sector, Spy Agency Says
Russia-aligned hackers could seek to disrupt Canada’s powerful oil and natural gas sector, especially since Ottawa is a strong backer of Ukraine, a Canadian spy agency said on Wednesday. The Communications Security Establishment (CSE) signals intelligence agency said Russia had …
Read More Construction/Engineering Sector Ranks BI/Supply Chain Disruption as Top Risk
Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by soaring construction costs, supply chain disruptions and labor shortages, according to a report published by Allianz Global Corporate & Speciality …
Read More East Palestine Community Struggles to Trust Authorities and Norfolk Southern After Train Disaster
The Norfolk Southern Corp. train was on fire when it passed Jessica Conard’s backyard in East Palestine, Ohio. Conard was lying in bed, blinds closed, unaware of the catastrophe barreling into her hometown. “My first realization that something was up …
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