Posts by Hometown Insurance
Why Big Oil Is Asking EPA Not to Cut its Polluter Reporting Program
The Environmental Protection Agency says its proposal to stop greenhouse gas reporting for big polluters could save oil and gas companies up to $256 million a year. Some of them are countering that it could hurt their business instead. Companies, …
Read More GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto insurance fraud schemes. In a lawsuit filed this month in federal court in Tampa, GEICO charged that AJ Therapy Center …
Read More Big Food Readies New Strategy Against RFK Jr. Push in States
Health Secretary Robert F. Kennedy Jr. has spent months criss-crossing the country, cheering on Republican governors who have signed laws aimed at improving their food supply. Now food and beverage companies including Kraft Heinz Co., Conagra Brands Inc., PepsiCo Inc. …
Read More China Trade Spat Threatens Wisconsin’s ‘Napa Valley’ of Ginseng
The cool woodlands of central Wisconsin boast soils packed with Ice Age mineral deposits that make the area perfect for the cultivation of ginseng, a medicinal root that has been exported to Asia for more than 300 years. Sliced and …
Read More Lyft Protected by Florida’s 2017 Law in Driver’s Miami Crash, Appeals Court Says
The ride-sharing company known as Lyft and its insurers are largely protected from negligence and vicarious liability lawsuits in accidents, thanks to Florida’s 2017 statute governing app-based ride networks, a state appeals court decided Wednesday. The ruling by Florida’s 3rd …
Read More NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers
The New York State financial services regulator warns insurance companies, banks and other financial services institutions of the cyber risks associated with the growing use of third-party service providers (TPSP). Exposure to threats will continue to grow as reliance on …
Read More Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers
Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said on …
Read More Disaster Relief Fund Hits Critical Low as Shutdown Endures
As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disaster …
Read More People Moves: Acrisure Re Appoints Morrison
Acrisure Re, the reinsurance division of global fintech leader Acrisure, appointed Dan Morrison senior vice president. Based in New York, Morrison supports Acrisure’s in-house U.S. delegated underwriting team, a key client for Acrisure Re through its expanding portfolio of programs. …
Read More Thames Among UK’s Worst-Polluting Water Firms as Incidents Rise
Thames Water was among Britain’s most-polluting water companies last year as the total number of serious incidents jumped 60%, the Environment Agency said Thursday. Thames’ failure to improve its environmental performance, as well as sky-high debts, have left the firm …
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