Posts by Hometown Insurance
SEC Chair Says Agency Plans to Create New Rules for Crypto Tokens
Paul Atkins, the chair of the Securities and Exchange Commission, laid out his vision for overhauling the agency’s cryptocurrency policies on Monday, saying he plans to establish guidelines for distributions of crypto tokens that are securities and consider whether additional …
Read More Appeals Court: Florida Deputy Used Excessive Force and is Not Immune from Suit
A Sarasota County sheriff’s deputy used excessive force on a handicapped, 100-pound driver in 2020 and is not entitled to immunity from lawsuits, a federal appeals court ruled in a case that could affect officers’ insurance coverage in similar cases. …
Read More Labor Department Suing USPS Over Fired Texas Worker Who Reported Injury
The U.S. Department of Labor has filed a lawsuit against the U.S. Postal Service for what it says is the wrongful termination of an employee who fell while delivering mail and reported the work-related injury. An investigation by the department’s …
Read More Wisconsin Republicans Kill Cannabis Legalization And Tax Increases for Millionaires
Republicans who control the Wisconsin Legislature voted to kill most of the top spending priorities of Democratic Gov. Tony Evers, including legalizing marijuana, even as both sides negotiate a tax cut. The Legislature’s Republican-controlled budget committee voted late last week …
Read More Texas Insurance Fraudster Given Prison Sentence and $350K Fine
A federal judge sentenced a McAllen woman who reportedly helped commit property and title fraud schemes to 24 months in prison and three years of supervised release. Chief U.S. District Judge Randy Crane also ordered Mayela Saby Cantu to pay …
Read More Report Describes Final Moments of Plane Crash That Killed Massachusetts Family
Federal investigators are outlining the final moments of a plane crash last month in upstate New York that killed a family from Massachusetts heading to the Catskills to celebrate a birthday and the Passover holiday. The victims of the April …
Read More Space War: Marsh Sues Willis Over Aviation Insurance Hires Soliciting Clients
Insurance broker Marsh USA is asking a New York court to stop several former employees and rival Willis Towers Watson from preparing to steal its aviation and space insurance clients using confidential information. In a lawsuit filed in New York …
Read More London Workers Hit by Travel Disruption After Power Outage
London commuters face significant disruption to their journeys after a power failure knocked out parts of the capital’s underground network. Trains are delayed or not running on all or some sections of the Bakerloo, Jubilee, Piccadilly and Northern lines. The …
Read More Markets/Coverages: QBE Starts New Commercial Property Product for Large Companies
QBE North America today announced the launch of its new commercial property product, providing custom solutions for comprehensive coverage to large companies across the United States. Combining deep, industry-leading expertise with a commitment to customer service excellence, the new commercial …
Read More Chinese Exporters Elated by Reprieve in US-China Trade War
The US-China deal temporarily lowering tariffs comes as a relief for Chinese exporters in limbo since the onset of a trade war between the world’s two largest economies. The Trump administration’s 145% duties on most Chinese imports will be cut …
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