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Posts by Hometown Insurance

EU Plans to Walk Back Key Planks of Toughest ESG Legislation

By Hometown Insurance | February 24, 2025
The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation. The European Union’s executive arm is proposing that the bloc amend eight main points in the scope of the Corporate …
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COVID-Like Bat Virus Discovered by Researchers in Chinese Lab

By Hometown Insurance | February 24, 2025
Researchers at the Wuhan Institute of Virology in China said they discovered a new coronavirus in bats that enters cells using the same gateway as the virus that causes Covid-19. This virus hasn’t been detected in humans, merely identified in …
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen

By Hometown Insurance | February 24, 2025
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible. A …
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EEOC Seeks to Drop Transgender Discrimination Cases

By Hometown Insurance | February 24, 2025
Signaling a major shift in civil rights enforcement, the federal agency that enforces workplace anti-discrimination laws has moved to dismiss six of its own cases on behalf of workers alleging gender identity discrimination, arguing that the cases now conflict with …
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Berkshire Hathaway Removes Diversity and Inclusion From Annual Report

By Hometown Insurance | February 24, 2025
Warren Buffett’s Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire’s annual report includes a section describing how the conglomerate’s 189 operating businesses, which …
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Buffett’s Berkshire Posts Record Profit on Insurance, Investments

By Hometown Insurance | February 23, 2025
Warren Buffett’s Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third straight calendar year, bolstered by improved underwriting and higher investment income in its insurance businesses. Much of that income came …
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LA Mayor Removes Fire Chief in Fallout From Palisades Blaze

By Hometown Insurance | February 21, 2025
Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley, citing failures in the department’s response to the devastating Palisades wildfire. Bass appointed former LAFD Chief Deputy Ronnie Villanueva, a 41-year LAFD veteran, as interim chief while the city launches …
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S securities regulator to drop lawsuit against Coinbase, firm says

By Hometown Insurance | February 21, 2025
Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector. The Securities and Exchange Commission has …
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Ohio Ex-Police Officer Sentenced for Starting 26 Arson Fires in Wayne National Forest

By Hometown Insurance | February 21, 2025
A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison for starting dozens of arson fires in Wayne National Forest. James A. Bartels, 52, of Rio Grande, Ohio, started 26 …
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People Moves: People Moves: Brown & Riding appoints Conyers, Jr. Energy Practice Leader

By Hometown Insurance | February 21, 2025
Brown & Riding, headquartered in Dallas, appointed Robert Conyers, Jr., as energy practice leader. Conyers joined Brown & Riding in 2017 and became a principal in 2023. As energy practice leader, he will focus on developing and growing talent within …
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