Posts by Hometown Insurance
Heritage Insurance Authorizes Another Stock Repurchase Plan After Downgrade, Losses
The board of directors for Tampa-based Heritage Insurance Holdings has authorized the repurchase of $10 million in shares from stockholders, marking the second buy-back plan in recent months. The super-regional company (HRTG on the New York Stock Exchange), made the …
Read More California Lawsuit Filed over Oil And Gas Drilling Ban
An oil company sued the city of Los Angeles over its recent law to ban the drilling of new oil and gas wells and to phase out existing ones within city limits over the next two decades. Warren Resources filed …
Read More Washington Bill Would Force Period Tracking Apps to Follow Privacy Laws
When the Supreme Court last June stripped away constitutional protections for abortion, concerns grew over the use of period tracking apps because they aren’t protected by federal privacy laws. Privacy experts have said they fear pregnancies could be surveilled and …
Read More Costco Must Face Lawsuit Over ‘Dolphin Safe’ Tuna Claim
A U.S. judge on Tuesday said Costco Wholesale Corp. must face a lawsuit claiming it falsely advertises and labels its canned tuna as “dolphin safe” despite using fishing methods that harm and kill dolphins. U.S. District Judge William Orrick in …
Read More Germany to Drop Mask Mandate in Long-Distance Transport Next Month
Germany will soon drop a mask mandate on long-distance trains and buses, one of the country’s last remaining COVID-19 restrictions, the health minister said Friday. The mandate will be dropped on Feb. 2, Health Minister Karl Lauterbach announced in Berlin. …
Read More Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
According to Allianz’s Risk Barometer 2023, cyber incidents and business interruption rank as the biggest company concerns for the second year in a row. At the same time, macroeconomic developments such as inflation, financial market volatility and a looming recession, …
Read More The Insuring Cyber Podcast’s Most Listened Episodes of 2022
From the next wave of InsurTech to diversity and inclusion within the cybersecurity and insurance industries to bias within artificial intelligence technology, The Insuring Cyber Podcast listeners were paying attention to a range of issues last year. Take a trip …
Read More Alabama Landfill Still Burning, Triggering Health Concerns, Class Action vs. Owners
An underground fire at an Alabama landfill has continued to pollute the air in eastern parts of the Birmingham region more than 50 days after a fire began underground, according to air quality monitors. The monitors surrounding the Moody landfill …
Read More Gallagher Acquires Retail Broker First Ireland Risk Management in Dublin
Arthur J. Gallagher & Co. has acquired Dublin, Ireland-based First Ireland Risk Management Limited, a retail insurance broker offering commercial and personal insurance products as well as life and pension products throughout Ireland. Principals Tony Gill, Linda Gallagher and their …
Read More Skyward Specialty Finds 2023 is Right for IPO
Houston, Texas-based Skyward Specialty on Friday became the first U.S. company to launch an initial public offering in the calendar year, a move that CEO Andrew Robinson said will provide greater capital flexibility as it grows its business in the …
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