Posts by Hometown Insurance

The U.S. federal watchdog agency for consumer finance expects to finalize new regulations proposed in November that would narrow key civil-rights-era antidiscrimination requirements for lenders, according to a government website. The new policy from the Consumer Financial Protection Bureau would …

The Federal Bureau of Investigation has concluded that last month’s breach of the networks it uses to manage wiretaps and other surveillance work qualifies as a “major incident,” signaling the severity of an intrusion that had already prompted the agency …

Liberty Mutual Insurance late last week announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses. Vlad Barbalat has been appointed president, Global Risk & Capital Solutions, and will continue to serve …

The systems that allow drivers to take their hands off the wheel are convenient but don’t improve safety because people are often too reliant on them and end up paying more attention to their cellphones and infotainment screens than to …

A Florida appeals court decision, reinterpreting a 32-year-old workers’ compensation statute, could now mean a longer statute of limitations on many injury claims and may lead to the reopening of many cases around the state. The lead claimants’ attorney in …

Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly completion of the renewal, with no structural disruption, disciplined capacity and cedent-friendly pricing outcomes, …

Pawtucket, Rhode Island-based toymaker Hasbro, Inc. reported it is investigating a cybersecurity incident after identifying unauthorized access to its network on March 28. The company said it has taken certain systems offline and launched an investigation with the assistance of …

Mississippi will soon become the latest state to provide wind-mitigation grants for homeowners if the governor signs bills approved by lawmakers this week. Senate Bill 2049 revives a 20-year-old retrofit plan and creates the Strengthen Mississippi Homes Program, providing grants …

The state of Georgia must pay some 5,000 military service members and their spouses a total of $3 million to settle charges that state boards failed to recognize out-of-state professional licenses. The U.S. Department of Justice announced this week that …

A committee of senior officials in President Donald Trump’s administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles. The decision, …