Posts by Hometown Insurance
California Investigation Leads to $23.8 Million Settlement over Unlawful Incentives for Eyecare Products
California Insurance Commissioner Ricardo Lara announced that Essilor Laboratories of America Inc. agreed to a $23.8 million settlement in a lawsuit that alleged the company violated the Insurance Frauds Prevention Act. The lawsuit alleged Essilor provided kickbacks and other unlawful …
Read More Disbarred Florida Attorney Indicted on Racketeering Charges in NFL Cases
A workers’ compensation claimants’ attorney and injury lawyer who represented NFL players in concussion litigation has been indicted for allegedly swindling millions of dollars from his clients, the latest action in years of legal action against the man. The U.S. …
Read More People Moves: Berkshire Hathaway Promotes Pair; Envoca Foundation Adds Moore
Berkshire Hathaway Specialty Insurance Promotes Two U.S. Executive & Professional Lines Leaders Berkshire Hathaway Specialty Insurance has promoted two members on its U.S. executive and professional lines team in Chicago, Illinois. Shelley Norman has been named senior vice president, management …
Read More Ohio Steel Manufacturer to Pay $990K Over Clear Air Act Violations
The Department of Justice and the Environmental Protection Agency (EPA) announced a proposed Clear Air Act settlement with Republic Steel, a steel manufacturer in Canton, Ohio, which will require the company to reduce its facility’s lead emissions that have caused …
Read More OSHA Fines Illinois Dollar Tree $364K for Workplace Exposure Violations
With holiday shopping nearing its peak, federal workplace safety inspectors have again found Dollar Tree Stores Inc. – one of the nation’s largest discount retailers – exposing workers in Matteson, Illinois to the risks of unsafely stored and stacked boxes …
Read More Texas Regional Bank Expands Into Insurance With Acquisition of Mission Duncan
Texas Regional Bank (TRB) announced the addition of insurance to its suite of financial services. TRB Insurance will offer a wide range of products and services, including home, auto, and life insurance, as well as commercial insurance. “At TRB, we …
Read More People Moves: Hartford Chief Sustainability Officer; Amwins New Transportation Role; Deputy Exec Director at Coalition Against Insurance Fraud; Chubb Names N.A. Financial Lines President
The Hartford Names Shields Chief Sustainability Officer The Hartford has appointed Terence Shields to the newly created role of chief sustainability officer. Shields will lead the Office of Sustainability as it guides overall environmental, social and governance (ESG) strategy, initiatives …
Read More Call to Phase Out ‘Forever Chemicals’ Gains Investor Momentum
Investors managing $8 trillion in assets have written to the world’s biggest chemicals companies urging them to phase out the use of so-called forever chemicals that can accumulate in the environment and remain hazardous for generations. Known as PFAS, which …
Read More The Future of Insurance: PLUS Conference Recap
Technology is on everyone’s mind. Whether it’s using big data, AI or tackling the world of cybersecurity, technology tops the list of business concerns today. For the insurance industry, technology and how data is used to improve underwriting have been …
Read More Viewpoint: It’s A Wonderful Life’s Lessons Ring True in BlockFi Bankruptcy
We are heading into the holiday season. It’s a Wonderful Life will be on television. And cryptocurrency bankruptcies will be in the news. Yesterday, BlockFi filed for bankruptcy. What does a seventy year old Frank Capra movie – about a …
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