Posts by Hometown Insurance
Honda Launches Insurance Agency Powered by VIU by HUB
American Honda Motor Co., Inc. said it has started a new insurance agency, Honda Insurance Solutions, to address the insurance needs of Acura and Honda owners of cars, motorcycles, recreational vehicles, homes, and more. Honda said this is the beginning …
Read More Rental Car Firm Not Responsible for Driver With Ignition Lock Restriction on License
A car rental company in Connecticut is under no obligation to confirm whether a customer’s driver’s license is subject to any restrictions; rather it is only required to inspect the physical license card to confirm that it is facially valid …
Read More Tesla to Launch Robotaxi Service in San Francisco This Weekend
Tesla is preparing to launch its robotaxi service in San Francisco as soon as this weekend, Business Insider reported on Friday, citing an internal staff memo. Tesla said its timeline for the launch had been moved up and the service …
Read More Markets/Coverages: Mosaic Offers Cyber/Financial Institutions Cover for Digital Assets
Mosaic Insurance, the Bermuda-based global specialty insurer, has entered the digital asset market, launching a combined cyber and financial institutions (FI) crime product that provides robust protection to the rapidly growing, yet historically underserved sector. The new modular product suite …
Read More Freeway Insurance Expands to Its 28th State With Connecticut Opening
The insurance agency franchise Freeway Insurance is now operating in 28 states with the opening of its newest office in Danbury, Connecticut. In addition to the new Connecticut location, recent openings have included offices in Alabama, Colorado, Florida, Georgia, Illinois, …
Read More Amazon Faces UK Lawsuits Worth Up to $5.4 Billion From Retailers, Consumers
Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition law academic, …
Read More Russia’s Ust-Luga Port Orders Vessel Checks After Mystery Blasts
Ust-Luga, Russia’s largest port in the Baltic Sea, is insisting that ships’ hulls are inspected before the vessels are allowed to enter the facility, a sign of how a string of mystery blasts involving tankers that went to Russia are …
Read More Kazakh Black Sea Oil Exports Halted by New Russian Regulations, Sources Say
Foreign oil tankers are being temporarily barred from loading at Russia’s main Black Sea ports following new regulations, two industry sources said on Wednesday [July 23], effectively blocking exports from Kazakhstan handled largely by a consortium partly owned by U.S. …
Read More Intel Beats Shareholder Lawsuit Over $32 Billion Stock Plunge
A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value. While saying she “understands plaintiffs’ …
Read More AIUC Emerges From Stealth With $15M Seed to Help Enterprises Deploy AI Safely
Artificial Intelligence Underwriting Company (AIUC) is coming out of stealth mode with a $15 million seed round. The San Francisco-based company said July 23 that it seeks to unlock the “next wave of artificial intelligence (AI) progress by building the …
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