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Posts by Hometown Insurance

Italy’s No. 2 Insurer Unipol Aims to Boost Bank Distribution Channel

By Hometown Insurance | March 28, 2025
Italian financial group Unipol aims to generate 1 billion euros ($1.1 billion) in capital over the next three years to boost its finances and have money for investments. Unveiling its “Stronger/Faster/Better” plan for 2025-2027, Italy’s second biggest insurer said on …
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Consumer Watchdog Seeks to Vacate Discrimination Case it Already Won

By Hometown Insurance | March 28, 2025
The top U.S. consumer finance agency on Wednesday asked a court to undo an enforcement case which the watchdog had already won last year, accusing prior agency officials of abusing their power as they sought to enforce diversity, equity and …
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NHTSA Probes More Than 2 Million Hondas Over Engine Restarting Concerns

By Hometown Insurance | March 28, 2025
The National Highway Traffic Safety Administration said on Friday it was opening an engineering analysis into 2.2 million Honda vehicles over concerns related to its engine restarting. Complainants allege the engine fails to restart on its own from a complete …
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Study: Economic Uncertainty Diverting Executive Attention From Sustainability

By Hometown Insurance | March 28, 2025
It’s the economy stupid, and it seems that a lot of executives are using their brain power on their current worries rather than on the climate concerns of tomorrow—despite those concerns materializing in the here and now. Executives are focused …
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Fla. House Subcommittees Vote to Repeal PIP Law, Pass Two Other Insurance Bills

By Hometown Insurance | March 28, 2025
The Florida House subcommittee on insurance advanced two hotly debated bills Thursday, one supported by insurance agents but another that was opposed by agents and carriers alike. And another subcommittee voted to repeal the auto insurance personal injury protection law …
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Family of Ironworker Who Died on Job Awarded $12 Million

By Hometown Insurance | March 28, 2025
A Pennsylvania cement company has agreed to pay $12 million to the family of an ironworker who fell to his death while attempting to set up a temporary catwalk at the company’s plant in Stockertown. In July 2021, the decedent …
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Trucking Firm Operator Who Lied About Safety History to Regulator Is Sentenced

By Hometown Insurance | March 28, 2025
The operator of an interstate trucking company who was convicted by a federal jury of making false statements to federal regulators about the company’s safety rating has been sentenced to 45 months in prison. Prosecutors identified the man as Tony …
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A Look at Some Numbers Behind Delaware’s Law for Corporations

By Hometown Insurance | March 28, 2025
Delaware is poised to give corporate officers more protections in its courts against shareholder lawsuits after criticism by billionaire Elon Musk and other influential business titans that rattled top public officials in what they call the corporate capital of the …
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Pinnacol Assurance Giving $15M Dividend to Colorado Businesses

By Hometown Insurance | March 28, 2025
Pinnacol Assurance announced its 2025 general dividend will return roughly $15 million to more than 47,000 workers’ compensation insurance policyholders across Colorado. Th dividend marks the 10th consecutive year Pinnacol has returned dividends to Colorado businesses. The 2025 dividend, which …
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California Agency Issues Guidelines for Healthcare Providers Affected by LA Wildfires

By Hometown Insurance | March 27, 2025
The California Department of Managed Health Care issued an all-plan letter designed to provide flexibility for health plans to assist healthcare providers impacted by the Los Angeles wildfires. Related: LA Municipal Utility Says No Evidence Energized Power Line Caused Fire …
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