Posts by Hometown Insurance
Massachusetts Concrete Firm Sentenced and Fined for Worker’s Death
A Massachusetts concrete company has been sentenced and fined in federal court in Boston for willfully violating federal Occupational Safety and Health Administration (OSHA) safety standards in a 2023 incident that led to a worker’s death. John Oliveira & Sons …
Read More Heat Wave Breaks French and UK Records as Temperatures Soar
The heat wave baking western Europe smashed records in the UK and France, as the region faces another day of disruptive temperatures. The UK recorded its hottest June day on Wednesday, with daytime highs hitting 36.1C (97F) in Gosport in …
Read More Hormuz Fees Branded ‘Unacceptable’ by Trump in Warning to Iran
President Donald Trump said tolls on ships sailing in the Strait of Hormuz would be a red line issue for the US in negotiations with Iran. Asked if he would reject a final Iran deal if it included any service …
Read More Four Screwworm Cases Found on a Texas Farm in Biggest Batch Yet
The four most recent cases of the New World screwworm have been confirmed on the same Texas property, marking the largest cluster of detections to be reported since the parasite was found in the US earlier this month. Three cattle …
Read More Google’s YouTube Settles Case Over Social Media Harm to Children
Google’s YouTube has settled a lawsuit brought by a minor who claimed the platform damaged his mental health, his lawyers said Tuesday, ahead of a second California trial over social media’s role in the youth mental health crisis. The terms …
Read More SPAC Deals Seen as Key Path to Public Market in Data Center Boom
The rebound in blank-check companies is proving to be a useful route to public markets for companies involved in the artificial intelligence-data center build-out, said Betsy Cohen, a veteran of dealmaking in special purpose acquisition companies (SPAC). The Cohen Circle …
Read More North Carolina Becomes First State to Pass Outright Ban on Litigation Financing
National insurance groups are hailing the signing of a new law in North Carolina, one that makes the state the first to place an outright ban on third-party funding of lawsuits. House Bill 315, signed by Gov. Josh Stein this …
Read More ‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance Department announced the arrest of Carlos David Garcia …
Read More NYC Hires Pinnacle Actuaries, Seeks Private Partners for City-Backed Insurance Program
New York City has taken the next steps toward realizing its vision of a city-backed insurance program for affordable housing providers. The city has selected Pinnacle Actuarial Resources to provide actuarial analysis and technical support. Also, the city has issued …
Read More People Moves: HDI Global Names New Leadership
As part of its new group strategy Xcelerate29, corporate & specialty insurer HDI Global (HDI) will implement a new organizational setup and leadership changes in its U.S. business. HDI Global U.S. named Shadi Albert as the new CEO as of …
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