Posts by Hometown Insurance
A Greenwashing Lawsuit Against Delta Aims to Set a Precedent
As tranquil instrumental music plays over gauzy images of nature, a woman’s voice-over begins. “Isn’t it a paradox,” she wonders aloud, “that the love for this world that gets us out in it, sometimes leaves behind the things that can …
Read More OSHA Says Fatal Florida Fireworks Fire Was Preventable, Fines Company $109,000
A December fire at a fireworks company warehouse, which killed four workers and gravely injured a fifth, was preventable, but the company will face just $109,375 in fines, the U.S. Occupational Safety and Health Administration announced. Magic in the Sky, …
Read More New Mexico Reaches $500M Settlement with Walgreens in Opioid Case
New Mexico has settled with Walgreens for $500 million over the pharmacy chain’s role in distributing highly addictive prescription painkillers. The agreement was signed in March, and state officials confirmed that a confidentiality provision on the agreement was lifted last …
Read More I-95 Collapse Update: Body Found in Wreckage; Governor Declares Disaster Emergency; Long Commutes Underway
Drivers began longer commutes Monday after an elevated section of Interstate 95 collapsed in Philadelphia a day earlier following damage caused by a tanker truck carrying flammable cargo catching fire. Sunday’s fire closed a heavily traveled segment of the East …
Read More EU Regulators Could Demand Google to Sell Part of Ad-Tech Business: Source
European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU’s top antitrust watchdog, the European Commission, could issue a …
Read More New York Lawmakers Again Pass Wrongful Death Damages Bill. Is Another Veto in Store?
New York lawmakers have again overwhelmingly passed legislation to overhaul the state’s 1847 law that governs damages that can be awarded in wrongful death cases. But it’s unclear whether the latest version of the Grieving Families Act will pass muster …
Read More UK Communications Regulator Ofcom Says Hackers Stole Confidential Data
The hackers responsible for the MOVEit cyberattack downloaded confidential information from UK communications regulator Ofcom about companies it regulates, as well as its own employees — adding to a string of victims which includes IAG SA’s British Airways and the …
Read More Fitch: Hardening Commercial Lines Market to Continue Through 2023
This year will mark the fourth year of a hardening market for commercial lines underwriting cycle, according to the latest US Commercial Lines Market Update released by Fitch Ratings. The Council of Insurance Agents & Brokers’ (CIAB) commercial lines market …
Read More Two More States Pass Bills to Require Disclosure of Litigation Funding
Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed into law Senate Bill 269, which …
Read More Nashville Bar Damaged in 2020 Bombing Files Suit Against its Insurer
When a Tennessee man set off a bomb in downtown Nashville in 2020, it not only disrupted a peaceful Christmas morning in the city, it put some nearby establishments out of business for more than 30 months. The vehicle blast, …
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