Posts by Hometown Insurance
Danone Infant Formula Recalls Expand in UK, Ireland
The UK, Ireland and the Netherlands joined a wave of European nations issuing recalls of Danone SA infant formula as the French company’s exposure to the contamination crisis deepens. Some batches of Danone’s Aptamil and Cow & Gate formula brands …
Read More EU to Soften Emissions Curbs on Companies in Flagship Market
The European Union is set to relax emissions-reduction rules for thousands of companies, recalibrating the world’s most rigorous carbon market under pressure from industry and governments concerned about the region’s sinking competitiveness. Before a summit of EU leaders next week …
Read More Portugal Rolls Out €2.5 Billion Aid as Deadly Flooding Spreads
Portugal’s government approved a set of emergency laws to speed reconstruction after deadly flooding, clearing administrative hurdles as part of a €2.5 billion ($2.9 billion) support package in one of the largest disaster-relief efforts ever mobilized by the country. The …
Read More EU Commission Proposes Further Sanctions on Russian Oil Trade and Financial Services
The European Union’s executive arm proposed further sanctions against Russia on Friday over the Ukraine war, including a ban on shipping services that help Moscow’s oil industry and measures targeting the country’s financial services and trade sectors. European Commission President …
Read More TikTok Charged for Breaching EU Rules With App’s Addictive Features
TikTok was charged on Friday with breaching EU online content rules over what the bloc’s regulator said were its addictive features and was told to change the design of its app or risk a fine of as much as 6% …
Read More EU Discloses January Cyberattack That Exposed Some Staff Data
The European Union’s executive arm said it detected a recent cyberattack that may have exposed limited staff contact details, but that no devices were compromised. The incident was detected on Jan. 30 by the central infrastructure team that manages mobile …
Read More Nationwide Acquires Surety, Fidelity Renewal Rights From Main Street America
Columbus, Ohio-based Nationwide announced Feb. 5 that it entered into an agreement to acquire the renewal rights for surety and fidelity bonds issued by Main Street America Insurance, a unit of American Family Insurance. Terms of the deal were not …
Read More US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI
A federal appeals court on Friday rejected a challenge to a move by President Donald Trump’s administration to ban diversity, equity and inclusion programs at federal agencies and businesses with government contracts. A three-judge panel of the Richmond, Virginia-based 4th …
Read More Florida Bill Would Allow High School Class in Place of CSR Ed Requirements
A bill moving swiftly through the Florida House of Representatives could help ease the shortage of customer representatives at insurance agencies by waiving longstanding education requirements. House Bill 1343 would allow insurance customer representatives to forego the courses now required …
Read More Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators
A bill moving steadily through the Florida Legislature has suddenly ignited a storm of controversy, with some insurance agents and brokers worried it could benefit one large brokerage while costing others fees and flexibility on takeouts of Citizens Property Insurance …
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