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Insurance

Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk

By Hometown Insurance | December 31, 2024
A new investment fund that plans to oppose corporate DEI hiring goals is taking aim at Nike Inc., Kraft Heinz Co. and Autodesk Inc. Azoria Partners’ fund says it will avoid S&P 500 companies with specific diversity, equity and inclusion …
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UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal

By Hometown Insurance | December 31, 2024
British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday [Dec. 23], creating the UK’s largest home and motor …
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Man Charged With Arson, Insurance Fraud Related to Fire at His Home

By Hometown Insurance | December 31, 2024
A Vermont man has been charged with first degree arson and insurance fraud for allegedly setting fire to his own home in Stamford. The Stamford Fire Department responded to a fire on Mill Road on the morning of December 27. …
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Brazil Says Workers at China’s BYD Site Are Victims of Human Trafficking

By Hometown Insurance | December 31, 2024
Chinese workers at a construction site in Brazil for a factory owned by China’s electric vehicle producer BYD are victims of human trafficking, Brazilian labor authorities said on Thursday in a growing controversy in BYD’s biggest overseas market. BYD and …
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Finland Finds Anchor Drag Marks Left by Tanker That Broke Cables

By Hometown Insurance | December 31, 2024
Finnish authorities investigating damage to subsea power and data cables found drag marks on the seabed likely left by the anchor of seized tanker Eagle S. Working under water, “we have been able to identify the dragging track at the …
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A 9th Telecom Firm Hit by Massive Chinese Espionage Campaign, Says White House

By Hometown Insurance | December 31, 2024
A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top …
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Two Florida Tourist Sites Halt Drone Shows After Boy Was Hit at Orlando Event

By Hometown Insurance | December 31, 2024
ORLANDO, Fla. (AP) — A theme park resort and a huge hotel in central Florida either have stopped using drones or canceled their drone-based shows after several drones collided and fell from the sky during a separate holiday celebration in …
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Helene’s Flooding: The Human Toll on One Family in Tennessee

By Hometown Insurance | December 31, 2024
ERWIN, Tenn. (AP) — Jerry and Sibrina Barrett never spent a day apart over 35 years. They worked long hours, never took vacations, and liked to relax with their son at home. They had no idea that a hurricane could …
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Florida Condo Owners Face Deadline and Higher Costs with New Regulations

By Hometown Insurance | December 31, 2024
MIAMI (AP) — Florida condominium owners are looking at higher costs from condo associations in the new year, a consequence of a safety law passed by state lawmakers in 2022. It requires associations to have sufficient reserves to cover major …
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OSHA Cites Contractor It Says Ignored Warnings Before Fatal Trench Collapse

By Hometown Insurance | December 31, 2024
A federal workplace safety investigation has found a Glenburn, Maine general contractor ignored an onsite expert’s repeated warnings and the company’s own site-specific safety plan prior to an incident in which an employee suffered fatal crushing injuries when an unbraced …
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