Posts by Hometown Insurance

German authorities said Saturday that they have recovered a significant part of the 18th-century treasures stolen from Dresden’s Green Vault museum in a spectacular break-in more than three years ago. Prosecutors and police said in a statement that they secured …

The Maryland Supreme Court has backed an insurer in rejecting a luxury brand company’s claim that its all-risk commercial property insurance policy should cover its Covid-19 business losses. The ruling is in accord with Covid-19 rulings by high courts in …

“Fortnite” creator Epic Games will pay $520 million to settle allegations that it violated a children’s privacy law and tricked people into making purchases, the Federal Trade Commission and the company said on Monday. It will pay $275 million for …

Arthur J. Gallagher & Co. acquired El Cerrito, California-based NEK Insurance Inc. Kevin Bruns, Jennifer Sylvestri, Kyle Peterson and their associates will be part of Gallagher’s San Francisco branch under the direction of Jim Buckley, head of Gallagher’s Northwest region …

A federal judge said he will block a provision in a new California law to take effect next year that gun advocates argued was designed to hinder anyone from challenging the state’s famously restrictive gun laws. U.S. District Judge Roger …

The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. The exchange said it dealt with net outflows of around $6 …

CyberCube announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital, Hudson Structured Capital Management (Bermuda) Ltd., MTech Capital, and key investors from …

A New York attorney and surgeon were convicted by a Manhattan jury of six counts of fraud for participation in an illegal scheme that included false insurance claims and unnecessary surgeries for alleged injuries from staged trips and falls, a …

A federal workplace safety investigation found that a Kyle vehicle parts manufacturer ignored repeated concerns raised by workers, and willfully exposed them to hazards related to unsafe machine operations, potential falls and a lack of personal protective equipment. An inspection …

Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or lawsuits, several market participants said. Insurers were already reluctant to underwrite …