Posts by Hometown Insurance
Warmer Winters Causing Costly Water Pollution Crisis
When pollution gets bad enough in the rivers supplying Iowa’s largest city with drinking water, it costs Des Moines around $16,000 a day to run a special system to filter out dangerous nitrates. It’s a fact of life in the …
Read More Stolen Renoir, Cézanne and Matisse Were Probably Uninsured, Market Sources Say
Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last week were probably not insured, according to market sources. One fine art underwriter told the Reuters publication The Insurer that …
Read More UK Motor Finance Scandal to Cost Lenders $12 Billion
The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. The headline number, unveiled by …
Read More Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth
In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and …
Read More Hopes Dim for Swift End to Iran War After Trump Speech, Oil Prices Surge
Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, disappointing investors hoping for clearer signals of a way out of the month-long conflict. Stocks slid, …
Read More Meet the New AI Coworker Who Won’t Stop Snitching to Your Boss
The Slack messages began arriving at 5:47 a.m. on a recent Monday. Three sales proposals had gone out the previous week and none of the team members had scheduled follow-ups. The reminders were crisp, professional and relentless — and they …
Read More People Moves: Kalepa Appoints Howell as Head of Product
Kalepa, headquartered in New York City, appointed Audrey Howell as head of product. Howell will lead Kalepa’s product vision and strategy, driving innovation and AI advancements across the platform. Howell has over a decade of product leadership experience building technology …
Read More Baidu Robotaxis Freeze Mid-Ride in Wuhan, Trap Passengers
A number of Baidu Inc.’s Apollo Go robotaxis suddenly stopped on the streets of China’s Wuhan city on Tuesday, trapping passengers in vehicles and raising concerns about the safety and reliability of autonomous driving technology. Wuhan police received multiple reports …
Read More Perplexity AI Machine Accused of Sharing Data With Meta, Google
Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc. and Alphabet Inc.’s Google in violation of California privacy laws. As soon as users log into Perplexity’s home page, …
Read More EPA Watchdog Finds Nation’s Most Toxic Are Vulnerable to Flooding, Wildfires
About 100 of the nation’s most contaminated toxic waste sites are in areas prone to flooding and wildfires, a potential public health threat to millions of Americans in surrounding communities, the internal watchdog at the U.S. Environmental Protection Agency has …
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