Posts by Hometown Insurance

Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions, a slowdown in M&A activity, as well as an influx of new market entrants. However, the risk landscape is ripe …

General Motors said on Wednesday it was recalling 825,000 trucks and SUVs in North America because daytime running lights may not deactivate when the headlights are on, potentially causing excess glare. The largest U.S. automaker said the recall covers various …

GRAND ISLE, Vt. (AP) — Fire has destroyed a Grand Isle dairy barn and killed about 40 cows trapped inside, Vermont State Police said Tuesday. A neighbor spotted the flames coming from the north end of the barn Monday evening …

GEICO and location-technology provider what3words announced a new partnership to provide enhanced roadside assistance to customers across the U.S. With what3words, GEICO teams can pinpoint a customer’s precise locations with ease, dispatch assistance to that exact location, and provide help …

BURLINGTON, Vt. (AP) — The school board in Vermont’s largest city on Monday sued the manufacturer of chemicals that are forcing the city to tear down its high school and build a new one at an estimated cost of more …

Alcohol kills on average 2,760 people a year in Massachusetts and the health, safety and economic toll of liquor on Bay State residents outstrips revenues from state alcohol taxes. Those are among the findings from a new report from Boston …

Finance workers are pushing for simpler rules for cross-border remote working, the latest sign that the pandemic-fueled appetite for flexible work isn’t abating. The UK government, which launched a review into cross-border working rules earlier this year, should adopt common …

Arthur J. Gallagher & Co., the global insurance broker, announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia. Terms of the transaction were not disclosed. Founded in 1993, Aviation Insurance Australia is a specialist retail insurance broker serving aviation and …

In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more closely at the financial risks and their exposure to liability. Nowhere was this more apparent than at the U.N. climate …

The great SPAC crash is closing out the year in dramatic fashion as more shareholders prepare to cash out of the speculative-investing industry for good. At least 80 special-purpose acquisition companies, which have raised $24 billion in total, face a …