Posts by Hometown Insurance
Cyber Insurer Coalition: Costs From Business Email Compromise Rise in 2024
About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud. According to it’s “2025 Cyber Claims Report,” Coalition said claims severity involving business email compromise (BEC) increased …
Read More Markets/Coverages: Markel Launches Clinical Trials Cover to Support Research Globally
Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its clinical trials insurance product. Markel said the product underscores its commitment to providing best-in-class solutions to support clinical trials research and product development on an international …
Read More Tornadoes, Winds, Rain Hit Florida Panhandle and Parts of Alabama
Tornadoes, strong winds and flash flooding hit parts of north Florida and Alabama over the weekend, damaging dozens of homes and commercial and farm structures, weather and local news sites reported. In the Florida Panhandle, tornadoes ripped roofs from homes …
Read More Drug Companies Paying Hawaii $700 Million to Settle Plavix Blood Thinner Suit
Pharmaceutical companies have agreed to pay Hawaii $700 million to settle its lawsuit over the efficacy and safety of the blood thinner Plavix, the state attorney general’s office announced. A court ruling last year ordered Bristol Myers Squibb Company and …
Read More Tesla Driver Charged in California Attacks Arrested Again for Road Rage in Hawaii
A Tesla driver charged with attacking motorists’ vehicles with a pipe in the Los Angeles area has been arrested again for allegedly assaulting two women during a road rage incident in Honolulu. The recent arrest comes less than a year …
Read More Labor Market Stays Resilient, but Workers Less Productive in Q1
The number of Americans filing new applications for unemployment benefits fell sharply as the spring break-related boost from the prior week faded, suggesting the labor market continued to chug along, though risks are mounting from tariffs. Employers are hoarding workers …
Read More Newark Plane Traffic Slowed Again Due to Telecoms Issue, FAA Says
The Federal Aviation Administration was forced to briefly slow arriving and departing planes at New Jersey’s Newark Liberty International Airport on Sunday because of a new telecommunications issue, the agency said. The Philadelphia Terminal Radar Approach Control suffered a new …
Read More Recovery of Superyacht Bayesian off Sicily Suspended After Diver Dies
The recovery of a superyacht that sank last year off the Sicilian coast was temporarily halted Saturday following the death of a specialist diver while working underwater, the company overseeing the operation said. U.K. tech magnate Mike Lynch, his daughter …
Read More Heathrow Fire Timeline Set Out as Grid Security Focus Sharpens
A detailed timeline of the events surrounding the unprecedented day-long blackout that hit London’s Heathrow Airport has been set out by the National Energy System Operator, as scrutiny of grid security intensifies. Heathrow was plunged into chaos on March 21 …
Read More North Dakota Insurance Commissioner Granted Authority to Require Restitution
The North Dakota insurance commissioner has the authority to require insurance companies to pay restitution to harmed policyholders under a bill signed into last month. House Bill 1088, signed into law on April. 10 by Gov. Kelly Armstrong, grants the …
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