Posts by Hometown Insurance

The Oakland City Council approved a $1.5 million payout for a former police chief who won her whistleblower claim against the city after she alleged she was fired for calling out unethical behavior by the civilian commission that oversees the …

A title insurer and its agency have agreed to pay $1.25 million in penalties for engaging in “no-poach” agreements with their competitors in likely violation of New York State labor laws. According to New York Attorney General Letitia James, as …

A Maryland man has died after police say his Lyft driver ordered him out of the car in the middle of a Delaware highway. Delaware State Police say the crash occurred Sunday around 2 a.m. A group of six friends …

Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than half of the overall $65 billion in losses from floods, earthquakes, and storms during the first six months, according to …

Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in Brazil. The H1 loss of €239 million (US$242.6 million), compares with net income of €380 million (US$385.8 million) reported during …

AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and local governments over the marketing of its Kadian opioid painkiller, according to people familiar with the matter. …

The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy software, the bloc’s top justice official said in a letter seen by Reuters. In a July 25 letter sent to …

The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said on …

A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the dark about the company’s “imminent danger of collapse.” A group of 277 employees — less than half the UK workforce …

Conspiracy theorist Alex Jones repeatedly “lied and attacked the parents of murdered children” when he told his Infowars audience that the Sandy Hook Elementary School shooting was a hoax, an attorney for one of the victim’s parents said Tuesday at …