Posts by Hometown Insurance

French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lead to higher premiums in future, insurers …

Markel Insurance announced two key appointments within its marine & energy liability underwriting team in London, appointing Josephine Stroud as head of energy liability and Jenny McFarlane as senior underwriter – marine & energy liability. Both appointments follow the establishment …

An adviser to Europe’s highest court recommended on Oct. 15 that TikTok lose its challenge to its “gatekeeper” status under landmark EU rules, backing regulators in a closely watched test of the bloc’s efforts to curb Big Tech’s power. The …

Opterrix, a risk intelligence platform serving the property and casualty insurance industry, has promoted Rich Krupar to chief commercial officer. In the expanded role, Krupar will lead the company’s commercial strategy, growth and revenue initiatives while helping bring Opterrix’s evolving …

In recent weeks, Gov. Greg Abbott and Attorney General Ken Paxton have adopted increasingly tough rhetoric against data centers, promising to crack down on hundreds of facilities that failed to disclose required information about their water use over the past …

Higginbotham announced it has grown its transportation specialty practice into a full division. The 31-person division brings 372 combined years of transportation insurance experience and greater capacity to address increasingly complex transportation risks. “Transportation insurance is a highly specialized business,” …

Chip technology supplier Arm Holdings breached a licensing agreement with Qualcomm and intentionally interfered with the chipmaker’s business relationship with Meta Platforms, a Delaware jury found on Tuesday, but awarded nominal damages of just $2. The verdict followed a five-day …

A few years ago, the industry’s biggest worry was how to recruit enough talent to fill the gaps and prepare for the future of insurance. We talked endlessly about how to make insurance look interesting to people coming out of …

A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has coached its users — including teenagers — to …

Marsh said Michael Crowley has joined the firm as senior enterprise risk advisor for digital infrastructure. In this newly created role, Crowley will help digital infrastructure clients manage risk and build resilience throughout the full lifecycle of their projects, from …