Posts by Hometown Insurance
Anthropic to Let Partners Share Mythos Cybersecurity Findings With Others
Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulnerabilities. Mythos, announced on April 7, is being …
Read More AIG Agrees to Acquire Everest’s Colombian Operations
American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group’s Colombian insurance subsidiary. AIG said the acquisition of Everest Compañía de Seguros Generales Colombia S.A. (Everest Colombia) strengthens its presence in the Latin American …
Read More US Farmers Dial Crop Adjusters as Wild Weather Hammers Wheat
From drought to ping-pong size hail and unseasonable warmth, weather extremes have wheat farmers reaching for their phones to ring their insurance adjusters to assess the viability of their crops. Oklahoma farmer Dennis Schoenhals made the call a few weeks …
Read More FBI Prepares for Increasing Drone Threats Disrupting World Cup
The FBI plans to deploy roughly 60 specially trained state and local police officers across venues for the FIFA World Cup to detect and electronically disable hostile drones as security officials warn that threats once associated with foreign battlefields are …
Read More Tampa Bay Rays and Local Officials Announce Tentative $2.3B Deal for New Ballpark
The Tampa Bay Rays and local officials announced a tentative $2.3 billion agreement on Thursday for a new ballpark funded by public and private money. The nonbinding memorandum of understanding among the Rays, Hillsborough County and the city of Tampa …
Read More US Personal Lines Insurers Ask for Less Rate After Period of Catch-Up
It appears as though auto and home insurers have caught up, appropriately matching premium to risk in their portfolios. According to a new report from insurance industry rating agency AM Best, rate increases for homeowners and private passenger auto insurance …
Read More California Fire Spread Slows But Dangerous Conditions Linger
Winds that drove a fast-moving brush fire across Southern California’s Simi Valley eased overnight, slowing the blaze’s spread, but dangerous conditions persist as hundreds of firefighters tackle the flames. Fire activity decreased significantly overnight due to calmer winds along with …
Read More Judge Blocks Trump DOJ’s Demand for Rhode Island Transgender Kids’ Medical Records
A federal judge has blocked the Trump administration’s sweeping demands for confidential transgender patient information from Rhode Island’s largest hospital that provides gender-affirming care to minors. U.S. District Judge Mary McElroy’s Wednesday ruling is the latest setback for the U.S. …
Read More Jury Awards $49.5M to Massachusetts Family of Woman Killed in 2019 Boeing Max Crash
A federal jury has awarded $49.5 million to the family of a 24-year-old global nonprofit worker killed in the 2019 crash of a Boeing 737 Max jet in Ethiopia while traveling to her first major assignment. The verdict, reached last …
Read More World Bank Prices $200 Million Catastrophe Bond for Jamaica
The World Bank has priced a new catastrophe bond designed to help Jamaica cope with the threat of hurricanes. The $200 million bond was oversubscribed by investors, the World Bank said in a statement. The deal comes less than a …
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