Posts by Hometown Insurance
Optus Must Pay Cost of Replacing Hacked Customer Documents: Australia Government
Australian telecoms giant Optus must pay the cost of replacing the passports and drivers licenses of millions of customers whose personal information was stolen in one of the country’s biggest data breaches, the government said on Thursday. The theft of …
Read More Taming Global Supply Chain Risks, Holistically
While supply chain risks are insurable, many products do not cover non-damage business interruption, and companies could find they aren’t covered for shipping delays that don’t involve physical damage. As a result, many risk experts believe that if insurance isn’t …
Read More HP Enterprise to Pay $8.5 Million to Settle Gender Pay Gap Suit
Hewlett Packard Enterprise Co. agreed to pay $8.5 million to resolve a lawsuit that alleged it pays female employees less than their male counterparts. The settlement funds, minus attorney fees and expenses, will go to 1,735 women who worked in …
Read More Intensifying Storms Are Fueling a Record $17 Billion Bond Barrage
Bonds sold to help US utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst of issuance generated by the deadly February 2021 storm that paralyzed Texas as it struck a large swath of the …
Read More Woman Who Gave Birth on Cell Floor Sues, Says Nurses Ignored Her Cries for Help
A woman who said she was left to give birth to her baby alone on the dirty floor of her jail cell in Maryland filed a federal lawsuit Tuesday alleging that jail nurses ignored her screams and pleas for helps …
Read More California Cites Home Health Agencies $2M for Misclassifying 66 Workers
The California Labor Commissioner’s Office cited Angel Connection Nursing Care and Angel Connection Nursing Services for improperly misclassifying 66 home health care workers as independent contractors. Investigators determined that Annabelle Ricasata, the owner of Angel Connection Nursing Care, and a …
Read More $52B Storm Moveable Barriers, Gates Eyed for Waterways Hit by Sandy
A decade after Superstorm Sandy pummeled New York and New Jersey in one of the costliest storms in U.S. history, the federal government is proposing a $52 billion plan to build movable barriers and gates across bays, rivers and other …
Read More Michigan Farmer to Pay $1.2 Million Settlement Over Crop Insurance Fraud
Gaylord D. Lincoln and G. Lincoln Farms, LLC, located in Springport, Michigan, have agreed to pay $1,200,000 to resolve allegations that they violated the False Claims Act by causing the submission of fraudulent claims for federal crop insurance and federal …
Read More Focus Acquires Ohio-Based Alpha Insurance Group
Focus Financial Partners, a partnership of independent, fiduciary wealth management firms, announced that it has entered into a definitive agreement under which Alpha Property & Casualty, Inc., a licensed insurance agency in Westlake, Ohio, will join Focus partner firm Ancora …
Read More Ohio House Fire Injures 5 Firefighters
Five firefighters were injured while battling a house fire in Ohio over the weekend, authorities said. Officials said the blaze was reported in a home in Springfield at about 2 p.m. Tuesday. Assistant Chief Matt Smith said crews were on …
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