Posts by Hometown Insurance
Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art
A New York judge ruled Ron Perelman was not entitled to $400 million from insurers over alleged damage to an Andy Warhol and four other paintings from a 2018 fire at his Hamptons home. Justice Joel M. Cohen’s Friday decision …
Read More Harrods Warns Customers of Data Theft in Latest IT Breach
Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year. Data including names and contact details for some Harrods customers …
Read More French Court Opens New Trial on Air France 447 Air Disaster, After 16 Years
A French appeals court will begin a new trial on Monday of Air France and Airbus, 16 years after a jetliner plunged into the Atlantic killing all 228 people on board. A lower French court cleared both companies of corporate …
Read More OpenAI to Bring Parental Controls in ChatGPT After Teen’s Suicide
OpenAI is rolling out parental controls for ChatGPT on the web and mobile, following a lawsuit by the parents of a teen who died by suicide after the artificial intelligence startup’s chatbot allegedly coached him on methods of self-harm. The …
Read More New Zealand to Ease Strengthening Rules on Quake-Prone Buildings
New Zealand is changing the way it assesses earthquake-prone buildings in an attempt to reduce costs and confusion for owners. The government is implementing clearer definitions to identify buildings that pose a genuine risk to human life in medium and …
Read More Jaguar Land Rover Seeks £2 Billion Lifeline to Tide Over Cyberattack
Tata Motors Ltd.-owned Jaguar Land Rover is raising £2 billion ($2.7 billion) loan from global banks as the luxury carmaker seeks to ease the financial strain of a cyberattack that forced it to halt production, according to people familiar with …
Read More Sony Financial Soars in Spinoff Listing in Tokyo Trade Debut
Sony Financial Group Inc. surged in its Tokyo debut on Monday after a rare spinoff-listing by Sony Group Corp.,which is sharpening its focus on its entertainment and image sensor businesses. The shares opened at ¥205 and rose as high as …
Read More Judge Rules Feds Can’t Withhold Disaster Relief Until States Cooperate on Immigration
A federal judge in Rhode Island ruled on Wednesday that it’s unconstitutional to require states to cooperate on immigration enforcement actions to get funding for disasters, which is overseen by the Federal Emergency Management Agency. A coalition of 20 state …
Read More Boeing to Pay $50,000 Over Suicide of Quality Inspector
Boeing Co. agreed to pay at least $50,000 to settle a wrongful death lawsuit brought by the family of John Barnett, a whistleblower who took his own life last year. Barnett, a former Boeing employee, died in March 2024 at …
Read More Hanover Must Pay Rock Singer $2M in Case of Memphis Studio Arson, Court Says
Recording artist John Falls finally should see more than $2 million from a Hanover American insurance policy in the long-simmering case of an historic Memphis recording studio that was damaged in an arson fire and resulted in the studio owner …
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