Posts by Hometown Insurance
AI Chatter Hits Record on European Earnings Calls Across Sectors
The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors are embracing it to boost efficiency and competitiveness. Mentions of “AI” on fourth-quarter earnings calls of companies in the Stoxx …
Read More Michigan Taco Bell Franchises Sued for Sexual Harassment
Six related entities operating Taco Bell restaurants in Michigan violated federal law when they allowed a senior area manager to sexually harass female employees, including multiple teenage employees, he supervised, and fired a local assistant manager the same day she …
Read More As Mountain Glaciers Melt, Risk of Catastrophic Flash Floods Rises for Millions
In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided freshwater for people living downstream for …
Read More Texas Measles Outbreak Could Become National Epidemic: Public Health Experts
With its measles outbreak spreading to two additional states, Texas is on track to becoming the cause of a national epidemic if it doesn’t start vaccinating more people, according to public health experts. Measles, a highly contagious disease that was …
Read More Top Fund Managers Ask Federal Court to Dismiss Climate-Related Antitrust Lawsuit
BlackRoc, Vanguard and State Street have asked a federal court in Texas to dismiss a state lawsuit accusing the top fund managers of conspiring through climate activism to discourage coal output, with the firms saying the allegations rest on “half-baked …
Read More Markets/Coverages: SiriusPoint, Broker Holmes Murphy Offer Umbrella Excess for Captives
SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy. SiriusPoint has partnered with Holmes Murphy, headquartered in Waukee, Iowa, and its wholly owned subsidiary and managing general agent Innovative …
Read More FCC Chairman Threatens to Block M&A for Companies With DEI
The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr. The move could threaten billions of dollars worth of deals in the communications sector, with …
Read More Transportation Chief to Unveil Plan to Upgrade Air Traffic Control
Transportation Secretary Sean Duffy will unveil a plan next week to upgrade the aging, under-staffed U.S. air traffic control system next week, he said on Friday. Duffy said earlier this month that he planned to ask Congress for tens of …
Read More NC Supreme Court Says Family Can Sue Schools, Docs Over Unwanted COVID Shot
RALEIGH, N.C. (AP) — A North Carolina mother and son can sue a public school system and a doctors’ group on allegations they gave the boy a COVID-19 vaccine without consent, the state Supreme Court ruled on Friday, reversing a …
Read More Georgia Lawmakers Approve $300M in Farm and Timber Tax Breaks After Helene
ATLANTA (AP) — Georgia lawmakers on Friday approved tax breaks for farmers and timber owners harmed by Hurricane Helene that could be worth nearly $300 million. House members voted unanimously to send the bill to Gov. Brian Kemp for his …
Read More