Posts by Hometown Insurance

Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident.” “We are temporarily unable to despatch items to overseas destinations,” Royal Mail, one of the world’s …

French broker Verlingue, a subsidiary of Adelaïde Group and specialist in corporate protection, is continuing its external growth strategy with two new acquisitions that will consolidate its presence in the Grand Est region of France. Financial details of the deal …

WILLOWBROOK, Ill. (AP) – The former operator of a suburban Chicago medical equipment cleaning plant has agreed to pay $408 million to settle hundreds of lawsuits alleging that the now-shuttered facility exposed residents to a toxic industrial gas and caused …

ST. LOUIS – Hiland Dairy Foods, a Springfield, Missouri-based producer and distributor of dairy products, will pay $140,000 to resolve a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the …

An increasing number of the UK’s financial services firms expect a rise in loan defaults in the next three months, the latest reminder of a gloomy economic outlook. A balance of 23% of respondents to the CBI/PwC Financial Services Survey …

TDI Announces New Executive Leadership The Texas Department of Insurance (TDI) has announced its chief deputy commissioner and new leadership for its Administrative Operations, Life and Health, and General Counsel divisions. Jessica Barta is TDI’s new general counsel. Since 2014, …

INDIANAPOLIS (AP) – An Indianapolis apartment fire left a 28-year-old man and four children ages 1, 3, 12 and 14 unconscious, in cardiac arrest and hospitalized in critical condition, authorities said Tuesday. Indianapolis firefighters performed CPR on the five victims …

U.S. lawmakers will review the cause of a Federal Aviation Administration computer system outage overnight on Tuesday that sparked a nationwide ground stop and delayed or canceled more than 10,000 U.S. flights. Senate Commerce Committee Chair Maria Cantwell, a Democrat, …

Google parent Alphabet on Wednesday argued that a court should toss out a government antitrust lawsuit against it, saying that agreements it made with Apple and others to make Google the default search engine do not bar smartphone makers from …

Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to Moody’s Investors Service. Climate change has increased wildfire risk in California while hurricane losses in Florida have already seen a number …