Posts by Hometown Insurance
People Moves: AXA XL Adds to U.S. Mid-Market Team; Leftwich Joins Zurich to Grow ESG Services; Mace Joins Lockton Affinity
AXA XL Adds to U.S. Mid-Market Team AXA XL Insurance continues to build out its U.S. Mid-Market business with the recent addition of Bennett Turner as head of strategy and operations and Christopher Fallon, head of analytics. Turner joins AXA …
Read More $1 Million Settlement in Class Action over Immigration Raid at Tenn. Meat Plant
A federal judge has approved a settlement of more than $1 million in a class action lawsuit that challenged a federal immigration raid at an eastern Tennessee meatpacking plant where about 100 people were arrested. The settlement approved by U.S. …
Read More New York City Agrees to $6M Settlement Over Police Response to George Floyd Protests
About 320 people arrested during a George Floyd protest in the Bronx on June 4, 2020, and who claim the police used excessive force and violated their civil rights, will each receive about $21,500 under a settlement proposal agreed to …
Read More Root Inc. Says CFO ‘Terminated for Cause’
About one year into his employment with Root Inc. and a week after he helped the company report fourth-quarter earnings, Chief Financial Officer Robert Bateman has been fired for violating company policies. According to a filing with the U.S. Securities …
Read More NC Senate Advances Bill to Stiffen Penalties for Attacks on Utility Stations
Nearly three months after attacks on electrical substations caused a dayslong power outage in central North Carolina, a state Senate committee advanced legislation Tuesday that would stiffen penalties for intentionally damaging utility equipment. The bill would create a new statute …
Read More Kobe Bryant Family Settles Photo Lawsuit in California for $28.5M
The family of the late Kobe Bryant has agreed to a $28.5 million settlement with Los Angeles County to resolve the remaining claims in a lawsuit over deputies and firefighters The figure includes a newly agreed upon payment from the …
Read More Ex-Cardinal Cites Dementia In Asking Court to Dismiss Sex Assault Case
Lawyers for former Roman Catholic Cardinal Theodore McCarrick filed a motion this week to dismiss a case charging him with sexually assaulting a boy decades ago, saying the 92-year-old once-powerful American prelate has dementia and is not competent to stand …
Read More Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO
Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering of its common shares. The number of common shares to be offered and the …
Read More Russia Accuses West of ‘Shamelessly Burying’ Black Sea Grain Deal
Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates the export of Ukraine’s agricultural products from its southern ports, the RIA Novosti news agency reported. While remaining in the …
Read More Thousands of Michigan Residents Without Power After Back-to-Back Ice Storms
The power in Leah Thomas’ Beverly Hills, Michigan, home went out about 9 p.m. last Wednesday. It was back on Sunday evening but was lost again the next day. And like thousands of Michigan residents left in the dark following …
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