Posts by Hometown Insurance
Texas Jury Hands Fired Southwest Flight Attendant $5.1 Million Verdict
A former Southwest Airlines flight attendant who was fired after sparring with her union president over abortion and other issues won a $5.1 million jury verdict against the airline and the union. A jury in federal district court in Dallas …
Read More Wildfire Threat Becomes Tool to Fight California Home Builders
Preston Brown knows the risk of wildfire that comes with living in the rural, chaparral-lined hills of San Diego County. He’s lived there for 21 years and evacuated twice. That’s why he fiercely opposed a plan to build more than …
Read More Log4j Software Flaw ‘Endemic,’ New Cyber Safety Panel Says
A computer vulnerability discovered last year in a ubiquitous piece of software is an “endemic” problem that will pose security risks for potentially a decade or more, according to a new cybersecurity panel created by President Joe Biden. The Cyber …
Read More Moore to Succeed Annandale as CEO of Argenta Syndicate Management Ltd.
Argenta Holdings Ltd. announced the retirement of Andrew Annandale, group CEO and managing director of Argenta Syndicate Management Ltd. (ASML), effective Dec. 31, 2022. He will be succeeded in both roles by Nick Moore, ASML’s deputy managing director and chief …
Read More Nearly Half of UK Black Professionals Plan to Leave Their Jobs
Almost half of Black employees are planning to leave their jobs in the near future, resenting the lack of fairness in their company’s management, according to new research. A total of 46% of Black employees at UK firms intend to …
Read More Professional Services Firm Davies Completes Acquisition of Asta at Lloyd’s
Davies, the London-based specialist professional services and technology business, announced it has completed the acquisition of Asta Capital, the third-party managing agent at Lloyd’s, following receipt of regulatory approval. Davies said the deal adds significant strength and reach to its …
Read More ANZ Agrees to Buy Australian Insurer Suncorp’s Bank Operations for $3.3 Billion
Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion) as it seeks to gain an edge over larger rivals by expanding in the country’s fastest growing region. The lender …
Read More Malaysian Central Bank Sets 2023 Cutoff for Foreign Insurer Stake Sales: Sources
Malaysia’s central bank is giving foreign insurers until the end of 2023 to either reduce stakes in their local ventures or contribute to a charitable fund, people with knowledge of the matter said, more than a decade after the requirement …
Read More Europe Battles Wildfires in Intense Heat That Scientists Blame on Climate Change
JERTE, Spain – Authorities across southern Europe battled on Sunday to control huge wildfires in countries including Spain, Greece and France, with hundreds of deaths blamed on soaring temperatures that scientists say are consistent with climate change. In Spain, helicopters …
Read More MLB Agrees to Pay $185 Million to Settle Minor League Wage Suit
Major League Baseball agreed to pay $185 million as part of a settlement with minor league ballplayers who say the league exploits them, knowing they will play for peanuts for a chance to make it to the big show. The …
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