Posts by Hometown Insurance
China Orders Cereulide Tests as Nestle, Danone Face Recalls
China’s market regulator has ordered infant formula makers to test for cereulide, a toxin that has triggered precautionary recalls worldwide by some of the largest food companies. Producers must strictly enforce controls on raw materials and product releases, the State …
Read More Nestlé Runs 24 Hours to Avert Formula Shortages After Recall
Nestlé SA is ramping up production of infant formula to avert a shortage, after a contamination crisis led the Swiss foodmaker and rival producers Danone SA and Groupe Lactalis to recall hundreds of batches. Five Nestlé factories in France, Spain, …
Read More Forest Service Gets Pushback on Plan to Use Controlled Burns in Green Mountains
The U.S. Forest Service’s plan to conduct controlled burning over the next 15 years in Vermont near popular recreation spots Lake Dunmore and Silver Lake has faced public opposition during a comment period that ends this week. The project, called …
Read More Viewpoint: East London Faces Risks of Extreme Flooding – But Resilience Can Be Built
More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods continue to hit the UK. In the capital, 13% of properties have been classed as having a high or medium …
Read More Odido Telecom Says Customer Data Compromised in Cyberattack
Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statementthat it contained the …
Read More Owner of Insurtech Startup InsuranceDekho Is Said to Plan $250 Million India IPO
Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public offering in Mumbai that could raise as much as $250 million, according to people familiar with the matter. The Gurugram-based insurance aggregator has held recent …
Read More Judge Awards Applied Systems Preliminary Injunction Against Comulate
Applied Systems has been awarded a preliminary injunction against competitor Comulate, who Applied has accused of making a fake insurance agency to access its software platform and steal trade secrets. The competitors in the insurance technology market have traded litigation, …
Read More Trump’s EPA Rollbacks Will Reverberate for ‘Decades’
US President Donald Trump is shrinking the Environmental Protection Agency more quickly and aggressively than ever before, culminating in this week’s move to rescind the crucial “endangerment finding” underpinning key regulations of planet-warming pollution. And unlike Trump’s first term, the …
Read More Palo Alto Chose Not to Tie China to Hacking Campaign on Retaliation Fear: Sources
Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. …
Read More People Moves: Aon Appoints Peiser CEO of Risk Capital; Liberty Mutual Announces Leadership Transition in Global Risk Solutions
Aon announced the appointment of Joe Peiser as CEO of Risk Capital. Peiser first joined Aon in 2021 as commercial risk leader for North America before being appointed to Global CEO of Commercial Risk in 2023. In his new Risk …
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