Posts by Hometown Insurance

Scientists are rushing to understand the exact causes of the deadly flash flood that sent a wall of mud and water tearing through Himalayan river valleys on the China-Nepal border. What’s clear so far is that a huge chunk of …

Global insurance broker Marsh announced the launch of Stratus, a property insurance exchange designed to address the complex operational risks of large digital infrastructure projects as they move from construction into operation. Such projects include data centers and associated critical …

The US Northeast and Mid-Atlantic, including New York City, face another round of thunderstorms, increasing flood risks and transportation woes, with even the slight chance of a tornado. Flood watches will cover New York’s five boroughs, as well as stretching …

Insurers are aiming for a bigger slice of the market for significant risk transfers this year as banks step up their use of the hedging instruments. Firms expect to participate in about 50% more SRTs than in 2025, according to …

AI agents created by OpenAI broke into the company’s own systems during internal tests and in some cases tried to conceal their behavior, the company said in a report published Wednesday. The findings are likely to sharpen concerns about increasingly …

Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta …

Uber Technologies Inc. is rolling out a new safety feature that lets parents or guardians view a video livestream of their teenager’s ride. The feature uses the selfie camera on the driver’s phone and notifies an authorized guardian if a …

Artificial intelligence labs and cybersecurity firms are reconsidering the way they test advanced AI models after models from at least three firms jumped onto the open internet and breached real-world victims. Cybersecurity specialists are debating whether they should connect the …

A judge dismissed a suit by Elon Musk’s X Corp. that sought to block a New York law requiring social media companies to disclose how they deal with hate speech, extremism and disinformation, ruling that “the First Amendment poses no …

Fire and medical officials have issued warnings about a supplement offered to Western wildland firefighters who have been exposed to toxic chemicals while battling some of the country’s biggest blazes. The supplement glutathione, given through an IV or an inhaler-like …