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Posts by Hometown Insurance

ABN Amro Is Latest Bank to Suffer Breach After Hack at Supplier

By Hometown Insurance | May 28, 2024
ABN Amro Bank NV became the latest European lender to suffer a data breach through one of its suppliers as criminals seek to exploit weaker links adjacent to banking. The Dutch bank said in a statement Friday unauthorized parties may …
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Live Nation Ticket Buyers Sue in Wake of US Justice Department Case

By Hometown Insurance | May 28, 2024
Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursday. The first consumer class …
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US Intelligence Agencies’ Embrace of Generative AI Is Wary and Urgent

By Hometown Insurance | May 28, 2024
Long before generative AI’s boom, a Silicon Valley firm contracted to collect and analyze non-classified data on illicit Chinese fentanyl trafficking made a compelling case for its embrace by U.S. intelligence agencies. The operation’s results far exceeded human-only analysis, finding …
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777’s Football Empire Under Review After Lender Hires Moelis

By Hometown Insurance | May 28, 2024
Moelis & Co. has been hired to review 777 Partners LLC’s portfolio of football teams, people with knowledge of the matter said, raising fresh questions about the future of one of the sport’s biggest multiclub owners. The investment bank has …
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Mississippi Wind-Mit Program Now Funded Through Surplus Lines Assn. Revenue

By Hometown Insurance | May 28, 2024
Almost two decades after it was established by the Mississippi Legislature, a storm and flood-mitigation grant program now has some funding – $5 million to be transferred from the Mississippi Surplus Lines Association. “The Legislature didn’t appropriate the money. I …
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Safety Probe Into Waymo Self-Driving Vehicles Finds More Incidents

By Hometown Insurance | May 28, 2024
The National Highway Traffic Safety Administration said Friday it has learned of nine additional incidents that raise concerns about the performance of Alphabet’s Waymo self-driving vehicles. Earlier this month, the U.S. auto safety regulator opened an investigation after 22 reports …
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Uvalde Families Sue Meta and Call of Duty Maker

By Hometown Insurance | May 27, 2024
USTIN, Texas (AP) — Families in Uvalde took more legal action Friday on the second anniversary of the Robb Elementary School attack, suing Meta Platforms, which owns Instagram, and the maker of the video game Call of Duty over claims …
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Michigan Dairy Worker Diagnosed With Bird Flu

By Hometown Insurance | May 27, 2024
A Michigan dairy worker has been diagnosed with bird flu — the second human case associated with an outbreak in U.S. dairy cows. The male worker had been in contact with cows at a farm with infected animals. He experienced …
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Storms Leave 15 Dead, Hundreds Injured in Texas, Oklahoma, and Arkansas

By Hometown Insurance | May 27, 2024
VALLEY VIEW, Texas (AP) — Powerful storms killed at least 15 people, injured hundreds and left a wide trail of destruction Sunday across Texas, Oklahoma and Arkansas after obliterating homes and destroying a truck stop where dozens sought shelter in …
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Report Claims ‘Utter Chaos’ Including Drunk Deputies During Search for Maine Gunman

By Hometown Insurance | May 27, 2024
The search for the gunman behind last October’s mass shooting in Maine was marked by “utter chaos,” including one group of deputies who had been drinking nearly crashing their armored vehicle and others showing up in civilian clothes who could …
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