Posts by Hometown Insurance

Nearly 60 lawsuits claiming hair relaxer products sold by L’Oreal USA Inc and other companies cause cancer and other health problems will be consolidated in Chicago federal court, according to a Monday order from the Judicial Panel on Multidistrict Litigation. …

A former NFL player was arrested on a misdemeanor driving under the influence charge after troopers say his vehicle rear-ended a pick-up truck that was on the side of a South Florida highway because of a flat tire, injuring the …

Moody’s Investors Service downgraded the Insurance Financial Strength Rating (IFSR) of SCOR SE and its key operating entities to A1 from Aa3 while at the same time changing the company’s outlook to stable from negative. On Oct. 13, 2022, Moody’s …

A Yeti Airlines plane that crashed in Nepal last month had no engine power during its final moments, the Hindustan Times reported, citing a government-appointed panel investigating the accident. Analysis of the cockpit voice recorder and flight data recorder showed …

Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with China, while a growing number reported being impacted by those strains. China, which …

ALTOONA, Iowa (AP) – The ride at an Iowa amusement park where an 11-year-old boy was killed in 2021 will never reopen, the park’s owners said. Bill Lentz, Adventureland’s general manager, said in a letter posted on the park’s website …

ION Trading UK, the technology firm hit by a cyberattack last week, told some clients that it has rebuilt relevant systems and will relaunch them after carrying out independent security testing. ION indicated that some systems could be available on …

Thousands of computer servers have been targeted by a global ransomware hacking attack targeting VMware ESXi servers, Italy’s National Cybersecurity Agency (ACN) said on Sunday, warning organizations to take action to protect their systems. The hacking attack sought to exploit …

The Hartford reported a 19% drop in fourth quarter net income compared to the same period last year, while core earnings outpaced Q4 2021 by 7%. Fourth quarter net income available to common stockholders reached $584 million, compared to $724 …

CAN Financial Group notched a net income of $248 million during 2022’s final quarter. This was a slight dip from the $266 million recorded during the same period in 2021. Overall, CNA recorded a yearlong net income of $894 million …