Posts by Hometown Insurance
Tesla Settles Some Worker Racism Claims From California Plant
Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants, while the company still faces a jury trial in a broader case brought by the state’s civil rights enforcement agency. …
Read More EU, US Committed to Complying With Trade Deal, Says US Trade Chief
Both the European Union and the United States are committed to complying with their trade agreement, U.S. Trade Representative Jamieson Greer said June 3 after broad new tariff threats over forced labor rankled Washington’s trade partners. After the two sides …
Read More Meteor Caused Speculation Across New England But No Damage or Injuries
When the double boom rang out in New England over the weekend, shaking homes and sending pets fleeing, questions started flooding social media. “Did anyone else hear that boom?” “Anyone feel that?” NASA let people know over the weekend that …
Read More People Moves: HDI Global Names Hunt as CEO of UK & Ireland Business; Hamilton Global Specialty Taps Chubb’s Keaney to Lead New Private Clients Business
This edition of International People Moves details appointments at the insurers HDI Global and Hamilton Global Specialty. A summary of these new hires follows here. HDI Global Names Hunt as CEO of UK & Ireland Business Corporate and specialty insurer …
Read More WTW Gets Approval to Operate Investment Business in Dubai Int’l Financial Centre
Insurance broker WTW announced it has received approval from the Dubai Financial Services Authority (DFSA) for a license to operate as WTW Investments (DIFC) Ltd. within the Dubai International Financial Centre (DIFC). WTW said the approval marks a significant milestone …
Read More EU Insurers Need to Grasp Private Credit Risks, Watchdog Says
European insurers have to grasp the risks they face when investing in private credit, according to the region’s top watchdog. Insurance firms need to be able to identify, measure, manage and report the risks, Petra Hielkema, chair of the European …
Read More Trump Downplays Threats of Hormuz Mines, Touts Alternate Route
President Donald Trump downplayed the threat posed by Iranian sea mines in the Strait of Hormuz to commercial shipping, even as other US officials have warned of their dangers. Speaking to reporters on Wednesday, Trump said American forces had “swept …
Read More Trump Scraps Ocean Sensors Providing Crucial Data on Climate, Flooding
The Trump administration’s decision to dismantle most of a $386 million federal ocean-observing network will leave scientists without an irreplaceable source of data used to understand how climate change is affecting crucial currents and marine ecosystems and increasing coastal flooding. …
Read More Automakers, Retailers Warn Memory-Chip Shortage Is Impacting Prices
The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains, groups representing automakers, retailers, electronic firms and others said on Wednesday. The groups said …
Read More SpaghettiOs Infested With Worms or Parasites, Lawsuit Claims
A Florida mother and her daughter sued Campbell’s after eating SpaghettiOs that they claim were contaminated by worms or parasites, and therefore unfit to eat. In a complaint filed on Tuesday, Mary Hubbard said she discovered the alleged contamination around …
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