Posts by Hometown Insurance
Judge Allows Carroll to Amend Defamation Suit Against Trump to Add His CNN Comments
The New York author who won a $5 million sexual abuse trial against Donald Trump was allowed to expand an earlier defamation lawsuit to add remarks he made about her on a CNN town hall and seek at least $10 …
Read More Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work
The National Music Publishers’ Association sued Twitter Inc. Wednesday, alleging it violates the copyright of songwriters by using their music on its platform without permission. Twitter is one of the only major social media platforms that doesn’t pay music rights …
Read More Northeast Vineyards, Apple Orchards Still Hurting From May Frost Damage
Vineyards and apple orchards across the Northeast are still gauging damage from a late-season frost in May that wiped out a third to most of the crop for some growers who say it’s the worst frost damage they have ever …
Read More Legal & General Hires Santander’s Simoes as CEO
British insurer Legal & General has hired Banco Santander’s António Simões as its new CEO, it said on Thursday, replacing Nigel Wilson. Simões, who has been regional head of Europe for Santander since September 2020, will take up his position …
Read More Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector
Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for European power chiefs. Henriette Borgund knows …
Read More Kentucky Coal Company, Employee Sentenced for Falsifying Dust Samples, Lying
A coal dust examiner who worked for a Kentucky mining company has been sentenced to six months in prison for falsifying dust samples and lying to federal officials. Walter Perkins’ employer, Black Diamond Coal Company, was placed on probation for …
Read More AM Best: US Cyber Insurance Segment Reflects Hard Market, Profits
Last year marked robust growth in the U.S. cyber insurance market, with direct premiums increasing by 50% to $7.2 billion, brought on by better underwriting and improved loss ratios, according to Best’s Market Segment Report. Direct premium written tripled in …
Read More MOVEit Cyber Atack Hits UK Printing Firm Used by Insurers, Brokers and Banks
A UK printing firm that sends mail for clients ranging from major health-insurance providers to multinational banks was a victim of the extensive MOVEit cyberattack. Adare SEC confirmed to Bloomberg News on Monday that it was hit by the MOVEit …
Read More SEC to Weigh New Artificial-Intelligence Rules for Brokerages
Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients. The US Securities and Exchange Commission said Tuesday that a long contemplated plan to rein in conflicts of interest associated with …
Read More Bipartisan Bill Would End Section 230 Immunity for Generative AI
Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence. The law would open the door for lawsuits to proceed against social media companies for claims …
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