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Insurance

Company Auditors Face More Rigorous Role in Spotting Fraud: Global Body

By Hometown Insurance | February 8, 2024
Accountants must play a role in spotting fraud when they check the books of companies, a global standard setting body for corporate auditing said in robust proposals Feb 6. The International Auditing and Assurance Standards Board (IAASB), which writes norms …
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US Court Cancels Approvals for Widely Used Dicamba Weedkillers

By Hometown Insurance | February 8, 2024
A U.S. court has nullified the government’s latest approvals of certain agricultural weedkillers sold by Bayer, BASF and Syngenta, fueling uncertainty among farmers who spray the products on genetically engineered soybeans and cotton. Environmental activists cheered the court for halting …
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NBA Sued Over Deal With Failed Crypto Exchange Voyager

By Hometown Insurance | February 8, 2024
The National Basketball Association was hit with a lawsuit over its marketing links to failed crypto exchange Voyager Digital Holdings Inc., which investors claim led to $4.2 billion in losses. The NBA was “grossly negligent” in agreeing to a marketing …
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Fired ‘Mandalorian’ Actor Sues Disney With Funding From Elon Musk

By Hometown Insurance | February 8, 2024
Actor Gina Carano sued Walt Disney for wrongful termination from Star Wars series “The Mandalorian” in a lawsuit filed Feb 6 and backed by billionaire Elon Musk. Carano argued in the suit that she was fired in 2021 for voicing …
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German Court Rules Against Intel in Patent Row Over Chips

By Hometown Insurance | February 8, 2024
A court in Germany has issued an injunction against the sale of some of Intel’s chips, in a patent dispute between the U.S. tech giant and a U.S. rival that filed the complaint. The regional court in Dusseldorf ruled in …
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Claimants Out of Work More Likely to Die or Develop Serious Health Issues – WV Study

By Hometown Insurance | February 8, 2024
When workers drop out of the workforce due to a debilitating injury, they are more likely to develop serious health problems and an elevated risk of death, studies by West Virginia University researchers have shown. “The results suggest that disability …
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People Moves: PCF Insurance Services Names Leadership Team Members

By Hometown Insurance | February 8, 2024
PCF Insurance Services (PCF), headquartered in Lehi, Utah, appointed several new members to its leadership team. Brooke DeWyze joined as chief development officer. Before joining PCF Insurance, DeWyze was chief operating officer of Moreton & Company. DeWyze also spent more …
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Virginia Doctor Who Prescribed More Than 500k Doses of Opioids Granted New Trial

By Hometown Insurance | February 8, 2024
A Virginia doctor who was sentenced to 40 years in prison after prescribing more than half a million doses of highly addictive opioids in two years has been granted a new trial by a federal appeals court that found the …
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Founder of AgencyPoint in California Says Many Agencies Put Accounting on Backburner

By Hometown Insurance | February 8, 2024
Many small- to mid-sized agencies aren’t putting much thought into accounting, relegating the important function to the backburner by opting to use local accountants, agency management systems that may not be sufficient, or even relatives to keep track of their …
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Wisconsin Governor Declares Flood Insurance Awareness Week

By Hometown Insurance | February 7, 2024
Wisconsin Governor Tony Evers has proclaimed February 4-10, 2024, Flood Insurance Awareness Week in Wisconsin to recognize the state’s increasing flood risk and the importance of having appropriate insurance coverage. “Now is the time to prepare for spring flooding and …
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