Posts by Hometown Insurance
Wisconsin Paper Manufacturer Cited for Safety Violations
The U.S. Department of Labor has cited an Appleton, Wisconsin paper products manufacturer for allegedly exposing employees to dangerous energy and machine guarding hazards after an employee suffered two finger-tip amputations. Investigators with the department’s Occupational Safety and Health Administration …
Read More Texas Senate Passes Bill to Ban THC, Setting Up Showdown with House
The Texas Senate on Friday approved its second attempt to ban hemp-derived THC, setting up a showdown with the House, where hemp industry members say they’ll be getting more support. Senate Bill 5 by Sen. Charles Perry, R-Lubbock passed the …
Read More Crane Provider to Pay $525K After Workers Used Racial Slurs, Displayed Nooses
TNT Crane & Rigging, Inc., one of the largest crane service providers in North America, will pay $525,000 and furnish other relief to settle a racial harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). According …
Read More No Major Impact Reported as Small Earthquake Shakes New Jersey-New York Area
A small earthquake rattled the New York metropolitan area Saturday night. The U.S. Geological Survey said the tremor had a magnitude of 3.0. It hit in the New Jersey suburb of Hasbrouck Heights, less than 8 miles (13 kilometers) west …
Read More EU Court Rules Against Environmentalists Trying to Block Spanish Wind Farms
The European Court of Justice on Friday dealt a blow to environmental groups trying to stop wind farms from being built in Spain’s northwestern Galicia region, in a ruling affecting billions of euros of investment. Companies developing wind farms in …
Read More South Africa Is Considering Flood Insurance for Large Cities
South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters in recent years led to bailouts from the government. The insurance being considered is parametric, a type of cover that …
Read More UK’s FCA Says Lenders Face Minimum £9 Billion Bill on Car Loans
The UK’s Financial Conduct Authority will consult on a redress scheme to guide firms on how they should compensate motor finance customers that were missold car loans, which it estimates could leave such lenders on the hook for at least …
Read More People Moves: AAA – The Auto Club Group Adds to Executive Team
AAA – The Auto Club Group (ACG), headquartered in Dearborn, Michigan, added three senior leaders. Vincent Fusco joined ACG as executive vice president, chief distribution officer. Fusco will oversee insurance and direct sales, including those of Michigan-based insurance companies Meemic …
Read More SEC Chair Lays Out Sweeping Plans to Accommodate Crypto
The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules. Securities …
Read More Tesla Must Pay $243 Million Over Fatal Autopilot Crash
Tesla Inc. was told to pay $243 million in a lawsuit over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend, the first significant court loss for the automaker in litigation related to …
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