Posts by Hometown Insurance
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years
The average workers’ compensation rates for the Tennessee voluntary market should drop about 2% this year, marking the 13th straight year for lower rates in the state. It’s also the smallest decrease in years. “Safer workplaces where Tennessee workers are …
Read More New Mexico Lawsuit Accuses Meta of Failing to Protect Children
Meta has failed to disclose what it knows about the harmful effect of its platforms on children in violation of New Mexico’s consumer protection laws, a state prosecutor said Monday as a trial began over the dangers of child sexual …
Read More West Virginians Could Soon Lose Access to 28% of Affordable Housing
At 93, Anna Lee Pettit lives alone in a first-floor apartment at Morgantown’s Unity House Apartments, where she can get her mail indoors and avoid hauling garbage outside in the winter. She survives on Social Security benefits and said she …
Read More House Votes to Restrict China’s Global Financial Institution Ties If Taiwan Threatened
The US House on Tuesday passed a bill that would seek to exclude China from global financial institutions if it were to threaten Taiwan and pose a danger to American interests. The legislation would establish US policy to block Chinese …
Read More Portuguese Insurer Fidelidade Said to Be Worth at Least €3 Billion in Revived IPO
Fidelidade-Companhia de Seguros SA, the Portuguese insurer controlled by Chinese conglomerate Fosun International Ltd., is carrying out preliminary work toward a potential listing in Lisbon that could value the company at more than €3 billion, according to people familiar with …
Read More FDA to Review Decades-Old Food Preservative in Safety Overhaul
The U.S. Food and Drug Administration on Tuesday launched a broad review of a long-used synthetic preservative used in packaged foods, as the agency steps up efforts to reassess chemicals long allowed in the U.S. food supply. The FDA issued …
Read More Local Regulators Deny Rezoning Request for Pennsylvania Data Center Development
A county commission in Pennsylvania on Tuesday denied a request by Talen Energy to rezone hundreds of acres of land for the development of data centers, marking the latest example of local pushback hampering the U.S. expansion of server warehouses. …
Read More EU Aims to Use Global Upheaval to Drive New Single Market Push
European Council President Antonio Costa said leaders are ready to make another push to unify their markets, arguing that a fracturing world order could force action on languishing reforms. “My feeling is there is a real commitment for all the …
Read More Estee Lauder Sues Walmart Over Alleged Counterfeit Fragrances
Estee Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estee Lauder fragrance and skin care brands including Clinique, Tom Ford and Le Labo. Estee Lauder said in the lawsuit that Walmart …
Read More South Korea Crypto Exchange Bithumb Says System Flaws Led to $40 Billion Error
South Korea’s Bithumb said on Wednesday that serious flaws had left the crypto exchange’s internal system susceptible to potential sabotage and failed to prevent an erroneous transfer of more than $40 billion in assets last week. The country’s second-largest virtual …
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