Posts by Hometown Insurance
Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases
The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed changes. In Alabama, the NCCI recently called for a …
Read More Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States
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 …
Read More Proxy Adviser ISS Urges Vote Against Musk’s $1 Trillion Package
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 …
Read More LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says
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 …
Read More Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026
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 …
Read More Energy Transfer Delays Lake Charles LNG Project Decision to 2026
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 …
Read More Meta Building New Gigawatt-Sized Data Center in Texas
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. …
Read More Trump Bid to Deploy Troops in Chicago Again Denied by Court
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 …
Read More Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Like Uncrustables
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 …
Read More New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
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 …
Read More