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Insurance

NHTSA: 51 Million Air Bag Inflators Pose Safety Risks Despite Automaker Objections

By Hometown Insurance | August 5, 2024
A U.S. regulator said on Wednesday it still believes that air bag inflators in 49 million U.S. vehicles assembled by 13 automakers pose serious safety risks and it is considering issuing a recall. The issue has been linked to one …
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TikTok Sued by US for Allegedly Breaking Kids’ Privacy Law

By Hometown Insurance | August 5, 2024
TikTok was sued by the US for allegedly collecting data on children in violation of an online privacy act, three months after the popular video app sued the government over a law that could ban it across the country. In …
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Insurer’s Lack of Repairs Caused Woman’s Death After Ian, Florida Lawsuit Says

By Hometown Insurance | August 5, 2024
Just as another potential hurricane bears down on Florida, the child of a central Florida woman is litigating a claim from a previous storm – Hurricane Ian in 2022. This time, though, the plaintiff claims not only breach of contract …
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Legislation Will Provide $100M in Aid to Victims of Wildfires and Flooding in New Mexico

By Hometown Insurance | August 5, 2024
New Mexico Gov. Michelle Lujan Grisham has signed legislation that will provide $100 million in emergency aid to victims of recent wildfires and flooding in Lincoln County. The spending bill includes $70 million for local governments to use as zero-interest …
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Vermont Suffered Millions in Damage From Last Week’s Flooding; Will Seek Federal Aid

By Hometown Insurance | August 4, 2024
The toll of damage from recent flooding in Vermont exceeds $6 million, and the state is asking the federal government for help, officials said. Vermont residents dealt with heavy flooding that damaged homes and infrastructure earlier this week and came …
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Hawaii Governor Says a $4B Settlement for 2023 Maui Wildfire Coming Soon

By Hometown Insurance | August 2, 2024
The parties involved in Lahaina wildfire lawsuits against the state of Hawaii, Maui County and utilities are close to a global settlement of claims that will be worth a little over $4 billion, Gov. Josh Green told The Associated Press. …
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Texas Assisted Living Facility Sued for Firing Worker With Sleep Disorder

By Hometown Insurance | August 2, 2024
VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, violated federal law when it denied an employee an accommodation for her sleep disorder and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …
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Exxon Delays Golden Pass LNG to Late 2025 on Contractor Dispute

By Hometown Insurance | August 2, 2024
Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Holdings Inc. declared bankruptcy. The companies agreed other contractors could finish work …
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Boar’s Head Hit With Consumer Lawsuit After Deli Meat Recall Over Listeria Concerns

By Hometown Insurance | August 2, 2024
Boar’s Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a day after it expanded its recall to more than seven million pounds of deli meats and other products over concerns …
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Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners

By Hometown Insurance | August 2, 2024
Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for about $282 million, up to $40 million of which will be paid in shares of Ambac common stock. The deal …
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