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Insurance

New Virginia Ban on ‘Assault Firearms’ Prompts Lawsuits From Gun-Rights Groups

By Hometown Insurance | May 18, 2026
Virginia Gov. Abigail Spanberger has signed legislation banning the sale and manufacture of certain semi-automatic firearms, prompting immediate lawsuits from gun-rights groups. The limits on ” assault firearms,” as they are described by the legislation, are among two dozen new …
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Ebola’s Silent Spread in Congo Exposes Surveillance Gaps

By Hometown Insurance | May 18, 2026
A rare Ebola outbreak that may have circulated undetected in northeastern Congo for several weeks is exposing the difficulty of detecting deadly viruses in regions where malaria, typhoid and other fever-causing illnesses are common and health systems are stretched thin. …
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Iran War Saddles Global Companies With $25 Billion Bill – and Counting

By Hometown Insurance | May 18, 2026
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies …
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EY Pays Over £100 Million to Settle NMC Health Legal Claim

By Hometown Insurance | May 18, 2026
EY UK has paid more than £100 million ($133 million) to the administrators of NMC Health Plc to settle claims it was negligent in its audits of the failed firm, according to people familiar with the matter. NMC sued EY …
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Evergrande Liquidators Seek $8.4 Billion From PwC International in Hong Kong Court

By Hometown Insurance | May 18, 2026
China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city. Of the total amount, liquidators …
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UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says

By Hometown Insurance | May 18, 2026
British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday. “The cyber capabilities of current frontier AI …
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Disaster Resilience Investment Has Touched $100 Billion in Asia

By Hometown Insurance | May 18, 2026
Governments, investors and banks have poured about $100 billion into efforts to handle the effects of climate change in Asia in the past five years, with water and infrastructure projects attracting the majority of the capital. More than 90% of …
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Consumers Sue Amazon for Not Refunding Trump Tariff Costs

By Hometown Insurance | May 18, 2026
Amazon.com Inc was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later concluded had been unlawfully imposed by President Donald …
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Snap, YouTube, TikTok Settle School Suit Targeting Social Media

By Hometown Insurance | May 18, 2026
Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a …
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People Moves: Artificial Labs Appoints Joost to Lead US Expansion; Longbrook Names Sherry Head of Transactional Liability

By Hometown Insurance | May 18, 2026
Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …
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Recent Posts

  • Judge Says Smucker’s Lawsuit Against Trader Joe’s Over Frozen PB&J Can Proceed
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  • Insurance Industry Employee Confidence Tanks on AI Concerns: Report
  • US Urges Hands-Off Approach to AI Regulation at G20 Tech Meeting
  • Specialty Insurance Platform Ignyte Acquires InsureMyTrip

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