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Posts by Hometown Insurance

Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States

By Hometown Insurance | October 20, 2025
A debt collection agency announced it has launched a subrogration recovery service for insurance companies in Florida and other states. Southwest Recovery Services, a 21-year-old company with offices in Texas, Florida, Georgia and other areas, said the new program is …
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Proxy Adviser ISS Urges Vote Against Musk’s $1 Trillion Package

By Hometown Insurance | October 20, 2025
Tesla’s proposed $1 trillion pay package for CEO Elon Musk came under fresh scrutiny on Friday, with proxy adviser ISS urging shareholders to reject what might be the largest-ever compensation plan awarded to a company chief. This is the second …
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LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says

By Hometown Insurance | October 19, 2025
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union’s naval force Aspides said in …
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Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026

By Hometown Insurance | October 17, 2025
Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major international cities. Waymo has grown slowly but steadily over …
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Energy Transfer Delays Lake Charles LNG Project Decision to 2026

By Hometown Insurance | October 17, 2025
Energy Transfer LP has pushed back its targeted final investment decision for the proposed Lake Charles liquefied natural gas export project in Louisiana to the first quarter of 2026 from the end of this year, according to people familiar with …
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Meta Building New Gigawatt-Sized Data Center in Texas

By Hometown Insurance | October 17, 2025
Meta Platforms Inc. is building a new gigawatt-sized data center in Texas to advance its artificial intelligence efforts, the latest in a string of significant investments by the company as it looks to keep pace in the competitive AI industry. …
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Trump Bid to Deploy Troops in Chicago Again Denied by Court

By Hometown Insurance | October 17, 2025
A federal appeals court refused a request by the U.S. government to pause a judge’s order that blocked President Donald Trump from deploying National Guard troops to Chicago. A three-judge panel of the 7th U.S. Circuit Court of Appeals on …
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Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Like Uncrustables

By Hometown Insurance | October 17, 2025
The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this week in federal …
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New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims

By Hometown Insurance | October 17, 2025
A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast …
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Chamber of Commerce Sues Over Trump’s $100,000 H-1B Visa Fee

By Hometown Insurance | October 17, 2025
The nation’s largest business lobbying group sued the Trump administration over its changes to the visa system for skilled foreign workers, teeing up a fresh battle between corporate America and the president. The US Chamber of Commerce said in a …
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