Posts by Hometown Insurance

U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its liquefied natural gas (LNG) export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for …

Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Cedar Park, Texas-based Tejas American General Agency, LLC (TAGA). Terms of the transaction were not disclosed. Founded …

Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced the acquisition of Focus Insurance, a leading personal insurance brokerage firm based in Houston, Texas. Terms of the acquisition were not disclosed. Founded in 2001, Focus Insurance specializes in customized personal …

FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial bias, $366 million awarded to a Black former saleswoman who claimed the company fired her after she complained about discrimination. …

Marsh McLennan Agency, a subsidiary of the global insurance broker Marsh, has acquired Bradley Insurance Agency, a commercial brokerage in Knoxville, Tennessee. The Bradley agency was founded in 1972 by Steve Bradley and was acquired by Kendall and Kevin Bradley …

A federal court jury has decided that New Jersey police did not violate the civil rights of a man who died shortly after a physical altercation during his arrest 7 1/2 years ago. After a trial, jurors in federal court …

If you’re thinking of wiping down your kitchen with that bottle of Pine-Sol all-purpose cleaner under your sink, stop. It may contain bacteria that could cause serious illness in people with compromised immune systems. Oakland, California-based Clorox said it has …

U.S. and international companies have issued more recalls, for food, medicine, cleaning products and automobiles – and more recalls could be on the way. Korean car manufacturer Hyundai this week announced it is recalling more than 44,000 2018 Sante Fe …

French defense and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some of its data and was threatening to publish it. Thales said the extortion and ransomware group had announced plans on the …

US financial institutions spent nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating with Russian criminal groups, according to the Treasury Department. The payments more than doubled from 2020, underscoring the pernicious damage …