Posts by Hometown Insurance

The District of Columbia filed a lawsuit in D.C. Superior Court Thursday against chemical manufacturer Velsicol Chemical, LLC, claiming it violated city environmental laws by polluting a major waterway, the Anacostia River and the surrounding area for decades. A complaint …

Warren Buffett’s Berkshire Hathaway Inc. and Alleghany Corp. announced that all regulatory approvals relating to the proposed $11.6 billion acquisition of Alleghany by Berkshire Hathaway have been received. The deal was first announced in March 2022. At a special meeting …

Norwegian police took into custody a 51-year-old Russian man on Friday after he was observed taking photos near Tromso airport, the second such occurrence in a week. The police took possession of a drone, a large amount of camera equipment …

Credit Suisse has agreed to pay $495 million to settle a case brought against it in the United States, the latest pay-out related to past blunders that have battered the Swiss bank’s reputation. Credit Suisse said it would make the …

Three climate activists appeared in a London court on Saturday on charges of criminal damage after protests including throwing soup over Vincent van Gogh’s “Sunflowers” painting in the National Gallery. Two women, age 20 and 21, were charged in relation …

A Florida senator is calling for action from the Transportation Department and automakers after a series of electric vehicle fires tied to Hurricane Ian. The storm caused flooding and destruction across the state, and fire officials say they are still …

Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing of local indigenous communities, in a move welcomed by campaigners as setting a new industry standard. The decision follows years …

Once again, disgraced mogul Harvey Weinstein sits in a courtroom, on trial in Los Angeles while the reckoning the accusations against him launched marks a significant milestone this month: It’s been five years since a brief hashtag – #MeToo – …

The community of decentralized-finance application Mango DAO on Saturday got back a portion of about $100 million stolen this week after letting the hacker keep about $50 million of the funds. The settlement wraps up several days of tense negotiations …

Gerald F. Hemphill was installed as president of the National Association of Professional Insurance Agents during the organization’s Sept. 22 board of directors meeting held in San Diego, California. Hemphill, of Richmond, Virginia, was sworn in together with his four …