Posts by Hometown Insurance

Late last week insurtech Pie Insurance held an all-hands meeting during which CEO John Swigart told employees that 14% of them, 66 in all, are being laid off. “This decision was made as part of our wider budget revision process …

Compre Group Holdings, a Bermuda-based firm that specializes in acquiring and managing discontinued insurance and reinsurance businesses, has purchased the workers’ compensation portfolio from SUNZ Insurance Co. for an undisclosed sum. The transaction, approved by the Bermuda Monetary Authority, was …

Crews searching the rubble of a massive construction fire in North Carolina on Friday found the bodies of two people that firefighters couldn’t reach before the flames became too intense. Authorities didn’t identify the victims, but officials said two workers …

The victims of one of Oregon’s deadliest highway crashes were farmworkers traveling in a van at an hour when agricultural laborers typically commute home after toiling in the harvest, the state’s farmworkers union and Mexican officials said. Authorities have not …

The Walt Disney Co. announced Thursday that it was scrapping plans to build a new campus in central Florida and relocate 2,000 employees from Southern California to work in digital technology, finance and product development. The decision follows a year …

The families of Sandy Hook school shooting victims are preparing to sue Alex Jones’ wife and other family members to help satisfy $1.5 billion in judgments they won from lawsuits against the bankrupt right wing conspiracy theorist over his lies …

Exxon Mobil Corp on Friday said an ongoing dispute over oil-spill insurance in Guyana could halt production at its first offshore platform there, cutting revenue by about $350 million per month. A Guyanese court this month found Exxon in breach …

Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users’ data to the United States. The fine, …

A bill that would have required school officials to disclose to inquiring parents that their child is using a different name or being referred to as being a different gender was defeated Thursday in the New Hampshire House. The bill …

Fox Corp.’s streaming platform Tubi was accused in a gender-discrimination lawsuit of paying top female executives 28% less than their male counterparts and offering them fewer promotions. Sarah Ekstrom, Tubi’s former chief people officer, said in a proposed class-action suit …