Posts by Hometown Insurance
Insurance Australia Settles in Greensill Federal Court Case
Insurance Australia Group Ltd. said it has agreed to a settlement of proceedings brought by Greensill Bank AG and its insolvency administrators. IAG said the settlement won’t have a material impact on its financial position, according to a statement on …
Read More Massachusetts Man Hid Payroll to Skirt Taxes, Lower Workers’ Compensation Costs
A Massachusetts man pleaded guilty in federal court in Boston this week to payroll tax avoidance and workers’ compensation insurance fraud, prosecutors reported. According to the U.S. attorney’soffice, Henry Lam, of Lowell, used cash payments to employees to hide his …
Read More Google Engineer Charged With Insider Trading on Polymarket
A Google software engineer was charged with insider trading on Polymarket, where he allegedly made more than $1 million betting on one of last year’s most popular Internet searches. Michele Spagnuolo was charged in a complaint unsealed Wednesday in federal …
Read More Trump Files Fresh $10 Billion Suit Over WSJ’s Epstein Story
President Donald Trump filed a new version of his $10 billion libel lawsuit against the Wall Street Journal and its parent company News Corp. over an article about his alleged close ties to Jeffrey Epstein, after an earlier version of …
Read More Pollution and Forever Chemicals Threaten Health of Michigan’s Rivers
Michigan may be known as the Great Lakes state, but most of its residents have a river to thank for their hometown’s existence. “Just looking at settlement patterns in Michigan tells us a lot about how important our rivers are,” …
Read More Ohio to Halt Data Center Tax Credits as Opposition Grows
Ohio will pause incentives for future data center projects, following a directive from the governor to halt the tax credits while a committee studies the impact of the projects on the state’s economy. The pause is not a complete ban …
Read More Tesla Reveals Its Texas Robotaxi Fleet Is Dwarfed by Waymo’s
Tesla Inc. has just 42 vehicles operating as robotaxis in Texas almost a year after Elon Musk launched the service, a small fraction of the fleet commanded by rival Waymo. The official count was revealed for the first time in …
Read More People Moves: The Hartford Names Ilias Head of US Ocean Marine
The Hartford has named Allan Ilias as head of Ocean Marine, U.S., and global practice leader, effective June 1. Ilias replaces Tony Plutino, who is retiring. He will report to Rick Ciullo, The Hartford’s head of Global Specialty U.S. Retail. …
Read More Cyberattacks, Inflation Lead List of Top Risk for Business Leaders: The Hartford
Cyberattacks and inflation are tops among concerns for business leaders, according to a recent survey from The Hartford. The insurer’s 2026 Risk Monitor report is based on a survey of 500 U.S. midsize and large business. Results put both cyber …
Read More Anthropic Plans Wide Release of Mythos-Level AI Models in Weeks
Anthropic plans to widely release new artificial intelligence models in the coming weeks with cybersecurity capabilities comparable to Mythos, a technology the company previously said was too dangerous to make available to the general public. The company said Thursday that …
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