Posts by Hometown Insurance

The US Federal Trade Commission has been investigating whether Alphabet Inc.’s YouTube violated consumer protection laws when it suspended the accounts of users, according to people familiar with the probe. The antitrust and consumer protection agency has been probing YouTube …

Brightline has reached a deal with municipal-bond insurer Assured Guaranty Ltd. that would provide the debt-laden Florida railroad with at least $350 million in new loans if it heads into Chapter 11 bankruptcy, according to people familiar with the matter. …

Quincy, Massachusetts-based Arbella Insurance Group has opened a Bedford, New Hampshire commercial lines office. The Bedford office gives Arbella its first official brick-and-mortar presence in the state, which the insurer says reflects the company’s growing New Hampshire business and its …

Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and economics of an attack. …

Inside a training center in southern China, more than 100 humanoid robots stand in neat rows. A dozen human trainers wearing headsets guide some of them through simple tasks – sorting crates, packaging noodles, making coffee. The humanoids are slow …

When the typical Michigan home was built, Richard Nixon was president, US forces were withdrawing from Vietnam and “The Exorcist” would become the year’s highest-grossing film. While pop culture has changed dramatically since 1973, much of the state’s housing stock …

In 2023, the Texas Legislature unanimously passed a law raising auto insurance costs for Texans by $1 to combat rampant catalytic converter theft. Three years later, a little-known state agency has devoted at least $30 million of that fee toward …

Aon Plc is close to an agreement to acquire insurance brokerage USI Insurance Services from private equity firm KKR for about $17 billion, including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The deal …

Some Illinois e-bike riders will need to carry insurance starting in 2027 under a law signed this week by Governor JB Prtizker. The new law requires riders of e-bikes and e-motors capable of traveling over 28 mph to have a …

The Ross Fire has grown into one of the largest wildfires in the Dallas-Fort Worth area’s recorded history, scorching 85,000 acres across Palo Pinto and Jack counties in just three days. The fire, which began Monday near Palo Pinto, grew …