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Insurance

Supreme Court to Hear Free Speech Complaint by NRA Against New York Regulator

By Hometown Insurance | November 6, 2023
The U.S. Supreme Court last Friday agreed to hear an appeal by the National Rifle Association of a case in which it accuses a New York insurance regulator of violating its free speech rights when she urged insurance companies and …
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More Highly Contagious Avian Flu Found at Alabama Chicken Farm

By Hometown Insurance | November 6, 2023
MONTGOMERY, Ala. (AP) — After confirming the presence of highly pathogenic avian flu in a flock of chickens, nearly 48,000 birds were killed at a north Alabama farm, state agriculture officials said. A Marshall County commercial pullet farm — one …
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Arthur J. Gallagher & Co. Acquires Ireland’s Keaney Insurance Brokers

By Hometown Insurance | November 6, 2023
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd. Terms of the transaction were not disclosed. Keaney is a commercial insurance broker that supports businesses across Ireland with insurance …
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Markets/Coverages: Coalition Offers Active Cyber Insurance in Australia

By Hometown Insurance | November 6, 2023
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, launched its suite of innovative Active Cyber Insurance products in Australia. Active Cyber Insurance works with organizations to help them understand their cyber risk profiles, improve their defenses, and, …
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World’s Most Toxic Air Prompts Indian Executives to Criticize Government’s Handling

By Hometown Insurance | November 6, 2023
New Delhi’s pollution hit hazardous levels on Friday, forcing the city to shut schools and impose emergency measures, and prompting public criticism from Indian business executives over the government’s handling of the situation. With the air quality index as high …
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Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023

By Hometown Insurance | November 6, 2023
Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple-I) and Milliman. The hard market …
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Boeing Says ‘Cyber Incident’ Hit Parts Business After Ransom Threat

By Hometown Insurance | November 6, 2023
Boeing, one of the world’s largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a law enforcement probe into it. Boeing acknowledged the …
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Elon Musk Asks Court to Reject SEC’s Bid to Make Him Testify in Twitter Probe

By Hometown Insurance | November 6, 2023
Elon Musk asked a federal judge on Nov. 2 not to force him to testify in the U.S. Securities and Exchange Commission’s probe into his $44 billion takeover of social media site Twitter. Musk filed the objections in San Francisco …
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Thousands of Black Women Claim Hair Relaxers Gave Them Cancer

By Hometown Insurance | November 6, 2023
Sheila Bush, a cosmetologist, was lounging in the recliner at her St. Louis-area home last winter when an advertisement from a law firm flashed up on her television screen, urging viewers to call a toll-free number if they or a …
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Poaching, Sexual Harassment, Sabotage? Alabama Insurance Agency Suits Air it Out

By Hometown Insurance | November 6, 2023
A dispute between two veteran west Alabama insurance agents has made it all the way to the state Supreme Court after three years of civil litigation, suggestions of criminal activity and claims of sexual harassment, assault and improper business practices. …
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