Posts by Hometown Insurance

Tesla Inc. has just 42 vehicles operating as robotaxis in Texas almost a year after Elon Musk launched the service, a small fraction of the fleet commanded by rival Waymo. The official count was revealed for the first time in …

The Hartford has named Allan Ilias as head of Ocean Marine, U.S., and global practice leader, effective June 1. Ilias replaces Tony Plutino, who is retiring. He will report to Rick Ciullo, The Hartford’s head of Global Specialty U.S. Retail. …

Cyberattacks and inflation are tops among concerns for business leaders, according to a recent survey from The Hartford. The insurer’s 2026 Risk Monitor report is based on a survey of 500 U.S. midsize and large business. Results put both cyber …

Anthropic plans to widely release new artificial intelligence models in the coming weeks with cybersecurity capabilities comparable to Mythos, a technology the company previously said was too dangerous to make available to the general public. The company said Thursday that …

Temu, the Chinese e-commerce giant, was fined €200 million ($232 million) by the European Union for failing to stop sales of unsafe baby toys and chargers on the platform. The European Commission, which polices EU rules targeting tech firms, said …

The U.S. National Highway Traffic Safety Administration said on Thursday it has opened a preliminary probe into 114,922 Rivian vehicles over an issue with the rear toe link. The issue relates to the company’s R1S and R1T electric vehicles. The …

Palm Beach can count on its billionaires to keep picking up the tab for schools, firefighters and parks if Florida slashes property taxes. Many other local governments will have a tougher time making up the difference. After more than a …

A U.S. appeals court on Thursday overturned a $59 million verdict that medical device maker Insulet won against Korean rival EOFlowfor allegedly stealing trade secrets related to its insulin-pump technology. The Washington-based U.S. Court of Appeals for the Federal Circuit …

Cruise operator Carnival Corp said on May 27 it had detected a cybersecurity incident involving a compromised account of an employee in April, leading to the leak of certain personal information of individuals, including names, addresses and government-issued identification numbers. …

Luminor Risk, a managing general agent specializing in the U.S. excess and surplus property market, announced its official launch on May 28 with backing from investment and technology firm D.E. Shaw group. Luminor was co-founded by three underwriting leaders: Matt …