Posts by Hometown Insurance

An Alabama city, long plagued with budget shortfalls, charges of corruption and a dwindling tax base, has lost its liability insurance coverage amid an ongoing financial and leadership crisis. Local and state news sites reported that the Alabama Municipal Insurance …

Hundreds of structures have been destroyed and tens of thousands of people have been evacuated, as wildfires rip through eastern Washington state in what Spokane Mayor Lisa Brown called “the worst natural disaster our region has faced.” As of about …

American Family Mutual Insurance Co. has agreed to buy all outstanding shares of specialty insurer Bowhead Specialty Holdings for about $1.2 billion in cash. Under the terms of the transaction, each Bowhead stockholder will receive $34 per share in cash, …

Homeowners can now obtain insurance quotes from Plymouth Rock Home Assurance through a “natural” conversation with ChatGPT, the artificial intelligence chatbot created by OpenAI. The insurer claims it creates a “faster, simpler, and more accessible way to shop for coverage.” …

Europe’s biggest rivers, vital arteries for the region’s heavy industries, are drying up after the region was seared by a series of heat waves. As water levels in the Rhine and Danube fall toward record lows, that’s starting to disrupt …

Amgen Inc. experienced a cyber incident that involved the theft of patient information and proprietary data stored in cloud servers, it said in a filing July 31, the latest large healthcare company to suffer a data breach. The drugmaker is …

OpenAI has discovered other instances in which autonomous agents have escaped containment as the company expands its investigation of the hacking incident at tech firm Hugging Face that drew global attention this month, two people familiar with the matter said …

Two Carolina businessmen were charged with auto insurance fraud in separate schemes that involved made-up tow truck charges and windshields that were never replaced. In Myrtle Beach, South Carolina, state authorities last week charged John Angulo, 46, the owner of …

New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an “illegal, unlicensed gambling operation” that includes sports wagering as the state seeks to halt its operations and force the company to forfeit …

The U.S. government proposed deep cuts to water supply for Arizona, California and Nevada during dry years in a new plan it released on Friday to operate the drought-stricken Colorado River. Lawsuits from states could challenge the federal intervention and …