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Insurance

New York Obtains $1.065B Judgment Against Accused Predatory Lender

By Hometown Insurance | January 24, 2025
New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives small businesses more than a half-billion …
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Families Sue TikTok in France Over Teen Suicides they say are linked to harmful content

By Hometown Insurance | January 24, 2025
In the moment when her world shattered three years ago, Stephanie Mistre found her 15-year-old daughter, Marie, lifeless in the bedroom where she died by suicide. “I went from light to darkness in a fraction of a second,” Mistre said, …
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Murdoch’s News Group Settles With Prince Harry, Leaving Questions Unanswered

By Hometown Insurance | January 24, 2025
Following a dramatic last-minute settlement in court, Prince Harry has again been victorious in his mission to take on the UK’s tabloid press. Rupert Murdoch’s News Group Newspapers (NGN) – publishers of the Sun as well as the now defunct …
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‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association

By Hometown Insurance | January 24, 2025
January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” Geoeconomics refers to the intersection of geopolitical forces and economic policies. The report highlights …
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Storm Éowyn Leaves Thousands Without Power, Grounds Flights

By Hometown Insurance | January 24, 2025
Hurricane-strength winds battered Ireland and the UK early Friday morning, leaving thousands of homes and businesses without power and disrupting transportation across the region. Winter Storm Éowyn brought record gusts of 183 kilometers (114 miles) per hour in Galway in …
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US Health Agencies Cancel External Meetings, Travel After Trump Admin Directives

By Hometown Insurance | January 24, 2025
U.S. health agencies including the CDC this week canceled meetings with external groups, paused some public health publications and told employees to freeze travel after directives from the Department of Health and Human Services, two sources familiar with the situation …
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MLB Orders Employees to Return to Office Five Days a Week

By Hometown Insurance | January 24, 2025
Major League Baseball has ordered its employees to return to the office five days a week, according to people familiar with the matter. The league had been on a hybrid policy since the pandemic. The change will go into effect …
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Fire Chief Fatally Shot While Helping Couple Whose Car Hit a Deer in Alabama

By Hometown Insurance | January 24, 2025
A man fatally shot a Georgia fire battalion chief and wounded the driver of a car that hit a deer in rural Alabama, authorities said. The Coweta County, Georgia, fire department is mourning the death of James Bartholomew Cauthen, 54, …
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Florida, Louisiana Sugarcane Could be Hurt by Winter Storm but Citrus Was Spared

By Hometown Insurance | January 24, 2025
Sugarcane crops in Louisiana and Florida, the only two states producing sugar from cane in the United States, could be hurt by the cold snap in the area, while citrus farms seemed to have mostly been spared, experts said on …
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J&J Tries to Avoid $30 Million in Punitive Damages in Baby Powder Case

By Hometown Insurance | January 24, 2025
Johnson & Johnson is balking at paying $30 million in punitive damages on top of a $15 million jury award to a Connecticut man who developed cancer after using the company’s talcum powder for decades. The company has labeled the …
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