Posts by Hometown Insurance
Albertsons Reaches $774 Million Opioid Accord, Records Loss
Albertsons Cos. announced a $774 million settlement to resolve all opioid-related claims, making the grocery chain one of the last major retailers to reach such a deal. Due to the settlement, the company recorded a charge of about $600 million …
Read More NC Suspect Charged With Arson After Dousing Woman and House With Gasoline
North Carolina authorities arrested man accused of setting a woman on fire, leaving her with with serious burns and damage to her house in Roseboro. Firefighters and deputies were called to a structure fire Saturday night in the town of …
Read More Middle East War Spotlights Florida’s Fuel Supply Vulnerability
Florida residents have paid significantly more than the nationwide average for gasoline and diesel in recent weeks as the U.S.-Israeli war with Iran forces the Sunshine State to compete with Europe and Asia for fuel produced in Texas and other …
Read More Millions of Rockstar Games Business Records Stolen, Hacking Group Says
A hacking group with a history of compromising major global corporations said it had stolen nearly 80 million business records from video game developer Rockstar Games, the maker of Grand Theft Auto. The claim was posted to the website used …
Read More USGS: Magnitude 5.7 Quake Strikes in Nevada, Aftershocks Likely
An earthquake with a 5.7 magnitude struck 20.4 kilometers (12.7 miles) east-southeast of Silver Springs, Nevada, according to a report from the U.S. Geological Survey. Nearby cities include Carson City (42 miles), Reno (45 miles) and South Lake Tahoe (58 …
Read More Canadian Insurers Push Owners to Fortify Homes, Urge Carney to Prioritize Climate Risks
Worried about wildfires sending claims soaring this year, Canada’s property and casualty insurers are pushing owners to flood- and fire-proof homes and urging the government to take climate issues more seriously despite economic turmoil. Insurers Intact Financial, TD Insurance, Wawanesa …
Read More Tankers Pass Strait of Hormuz on First Day of US Blockade, Data Shows
A third Iran-linked tanker was entering the Gulf via the Strait of Hormuz on Tuesday on the first full day of the U.S. blockade on vessels calling at Iranian ports, shipping data showed. U.S. President Donald Trump announced the blockade …
Read More US, Iran May Resume Talks This Week Despite Port Blockade
Negotiating teams from the U.S. and Iran could return to Islamabad this week to resume talks to end the war, sources told Reuters on Tuesday, after the collapse of weekend negotiations prompted Washington to impose a blockade on Iranian ports. …
Read More Bessent, Powell Warned Bank CEOs About Anthropic Model Risks, Sources Say
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest artificial intelligence model, two sources familiar with the matter said on …
Read More Trump Suit Over Wall Street Journal Epstein Story Dismissed
A judge threw out Donald Trump’s $10 billion libel suit against the Wall Street Journal and parent company News Corp., dealing a blow to the president’s ongoing campaign of litigation against the media. The decision Monday in federal court in …
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