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Insurance

Mangione Draws Crowd at First Court Hearing Since Arraignment

By Hometown Insurance | February 24, 2025
NEW YORK (AP) — The defendant wore a bulletproof vest and shackles. A woman in the crowd wore a “Free Luigi” scarf. Outside, throngs of people cheered and chanted his name. So it went Friday at a court hearing for …
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Maryland Report Says Many Workers Misclassified, Costing $59M in Comp Premiums

By Hometown Insurance | February 24, 2025
Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than $58 million in workers’ compensation premiums each year, according to a new report from a state task force. Maryland’s Joint …
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Florida AG Sues Target, Claiming DEI Initiatives Misled Investors

By Hometown Insurance | February 24, 2025
TALLAHASSEE, Fla. (AP) — Florida’s new attorney general filed a federal court lawsuit against Target on Thursday, claiming the discount store chain “misled investors” by promoting diversity, equity and inclusion initiatives that prompted a backlash and hurt sales, ultimately costing …
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Georgia Tort Bill Advances After Kemp Makes Concession on Medical Costs

By Hometown Insurance | February 24, 2025
ATLANTA (AP) — Georgia senators voted 33-21 on Friday to support Gov. Brian Kemp’s top-priority legislation to limit lawsuits, but not before some of Kemp’s fellow Republicans extracted a concession in exchange for the votes necessary to secure a majority. …
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Snowy Roads Lead to Hundreds of Crashes in Virginia, North Carolina

By Hometown Insurance | February 24, 2025
NORFOLK, Va. (AP) — Roads in Virginia and North Carolina remained treacherous Thursday as unusually heavy snow led to hundreds of accidents, including crashes on an interstate that involved more than 50 vehicles. Meanwhile, a polar vortex sent temperatures plunging …
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EU Plans to Walk Back Key Planks of Toughest ESG Legislation

By Hometown Insurance | February 24, 2025
The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation. The European Union’s executive arm is proposing that the bloc amend eight main points in the scope of the Corporate …
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COVID-Like Bat Virus Discovered by Researchers in Chinese Lab

By Hometown Insurance | February 24, 2025
Researchers at the Wuhan Institute of Virology in China said they discovered a new coronavirus in bats that enters cells using the same gateway as the virus that causes Covid-19. This virus hasn’t been detected in humans, merely identified in …
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen

By Hometown Insurance | February 24, 2025
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible. A …
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EEOC Seeks to Drop Transgender Discrimination Cases

By Hometown Insurance | February 24, 2025
Signaling a major shift in civil rights enforcement, the federal agency that enforces workplace anti-discrimination laws has moved to dismiss six of its own cases on behalf of workers alleging gender identity discrimination, arguing that the cases now conflict with …
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Berkshire Hathaway Removes Diversity and Inclusion From Annual Report

By Hometown Insurance | February 24, 2025
Warren Buffett’s Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire’s annual report includes a section describing how the conglomerate’s 189 operating businesses, which …
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