Posts by Hometown Insurance
Do Kwon to Plead Guilty to US Conspiracy, Fraud Charges in $40B Crypto Collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is planning to plead guilty on Tuesday to two charges of conspiracy to defraud and wire fraud, a judge said at …
Read More Specialist Risk Group Acquires London-Based City Quarter Brokers
Specialist Risk Group (SRG), the London-based group of insurance intermediaries, has entered into an agreement to acquire City Quarter Brokers, subject to regulatory approval. Financial details of the deal were not disclosed. City Quarter Brokers is a highly regarded London-headquartered …
Read More Containment Grows Slowly on Megafire in California
Firefighters continue to slowly make gains a massive wildfire burning in two California counties, now the biggest fire in the state this year, reaching “megafire” status. The Gifford Fire is threatening more than 822 structures and has prompted hundreds of …
Read More CDC Shooter Believed COVID Vaccine Made Him Suicidal, Father Tells Police
A Georgia man who opened fire on the U.S. Centers for Disease Control and Prevention headquarters, shooting dozens of rounds into the sprawling complex and killing a police officer, had blamed the COVID-19 vaccine for making him depressed and suicidal, …
Read More Chemours Must Stop Unlawful Pollution of Ohio River, Federal Court Orders
A federal judge ordered the Chemours Chemical Company on Thursday to immediately stop discharging unlawful levels of cancer-causing chemicals into the Ohio River from the company’s Washington Works plant in West Virginia. “Those pollutants endanger the environment, aquatic life, and …
Read More While LA Burned, Rules to Protect Homes From Wildfires Were on Hold
As wildfires raged across Los Angeles in January, a state official parried an email from a resident living on the edge of the conflagration: When would long-delayed regulations designed to protect high-risk homes like hers be implemented? “I do not …
Read More Musk Says xAI to Take Legal Action Against Apple Over App Store Rankings
Billionaire Elon Musk said on Monday his artificial intelligence startup xAI would take legal action against Apple, accusing the iPhone maker of breaching antitrust regulations in managing the App Store rankings. “Apple is behaving in a manner that makes it …
Read More Finland Charges Eagle S Tanker Captain, Officers Over Cable Cuts
Finland’s national prosecutor’s office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December. The Georgian …
Read More 2 Dead, 10 Injured After US Steel Plant Explosion Near Pittsburgh
Two workers were killed and at least 10 other people hospitalized with injuries after an explosion at a U.S. Steel plant outside of Pittsburgh on Monday. According to Allegheny County Emergency Services, the explosion happened inside a battery operating area …
Read More Wildfires Briefly Shut Dardanelles Strait to Shipping as Europe Battles Infernos
Wildfires briefly shut the Dardanelles Strait to shipping on Monday evening, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia …
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