Posts by Hometown Insurance
American Airlines Sues Chicago Over O’Hare Gates for United
American Airlines Group Inc. sued the city of Chicago in a fight with rival United Airlines Holding Inc. over valuable gate space at O’Hare International Airport. The airport is a hub for both airlines, making it the only dual-hub airport …
Read More Texas Bill Would Put Restraints on Businesses Wanting to Tap Into Energy Grid
exas will need a lot more energy in the future. Driven largely by demand from businesses such as data centers and the oil and gas industry, the Electric Reliability Council of Texas, the state’s grid operator, predicts the state’s energy …
Read More South Carolina Lawmakers Reach Agreement on Liquor Liability Relief Bill
With just two days left in South Carolina’s 2025 legislative session, House and Senate negotiators appear to have reached a compromise on a plan to ease liquor liability costs for struggling bars and restaurants. House Bill 3430 does not provide …
Read More Nearly Quarter of People on Long-Acting Opioids Develop Addiction
More than one in five people prescribed extended-release painkillers such as OxyContin developed an addiction within a year, according to a newly released study mandated by the US Food and Drug Administration. The study, repeatedly delayed by more than a …
Read More Apollo-Backed Aspen Insurance Guides IPO Price at Midpoint
Aspen Insurance Holdings Ltd. is telling prospective investors it expects to price its initial public offering at $30 per share, the midpoint of its price range, according to people familiar with the matter. The Bermuda-based reinsurer’s IPO, consisting of 11 …
Read More Clearwater Condo Building Evacuated After Support Beam Splits
Local authorities Tuesday evening ordered the evacuation of a condominium building in Clearwater, Florida, after cracks developed in a concrete support beam in the parking garage. The South Beach III condo building on Sand Key “is currently being evacuated due …
Read More NSO Group to Pay Nearly $168M to Meta’s WhatsApp for 2019 Hacking
A federal jury in California has ordered Israeli firm NSO Group to pay more than $167 million in punitive damages to Meta Platforms for installing malware on its WhatsApp messaging app six years ago. Spyware vendor NSO Group must pay …
Read More Court Approves $750 Million Settlement for Survivors of Abuse by NY Gynecologist
Columbia University and New York-Presbyterian hospitals will pay $750 million to patients who sued over being sexually abused by a former gynecologist who was convicted of sex crimes in 2023. The settlement was achieved on behalf of 576 former patients …
Read More Rite Aid Returns to Bankruptcy Protection, Seeks to Sell Most Assets
Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open as it returns to Chapter 11 bankruptcy …
Read More Airlines Re-Route, Cancel Flights Due to India-Pakistan Fighting
Several Asian airlines including Taiwan’s China Airlines and Korean Air said on Wednesday they were re-routing or canceling flights to and from Europe, and about a dozen Indian airports were shut after fighting erupted between India and Pakistan. India attacked …
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