Posts by Hometown Insurance

A third Iran-linked tanker was entering the Gulf via the Strait of Hormuz on Tuesday on the first full day of the U.S. blockade on vessels calling at Iranian ports, shipping data showed. U.S. President Donald Trump announced the blockade …

Negotiating teams from the U.S. and Iran could return to Islamabad this week to resume talks to end the war, sources told Reuters on Tuesday, after the collapse of weekend negotiations prompted Washington to impose a blockade on Iranian ports. …

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest artificial intelligence model, two sources familiar with the matter said on …

A judge threw out Donald Trump’s $10 billion libel suit against the Wall Street Journal and parent company News Corp., dealing a blow to the president’s ongoing campaign of litigation against the media. The decision Monday in federal court in …

The U.S. blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the start of the Iran war. Ordinarily, roughly one fifth of global oil and gas …

After a key setback in the first trial of its kind before a federal jury, Uber is expected to return to court on Tuesday to face a second woman’s claims that she was sexually assaulted by a driver she booked …

Soaring demand for insurance coverage related to data center construction is creating a “meaningful growth opportunity” for the industry, outstripping some traditional insurance markets, according to S&P Global Ratings. The market for such coverage could reach $10 billion in premiums …

Austria’s economic model has long been anchored in Alpine water flowing through turbines to generate power for homes and businesses, but as climate change redraws the country’s hydrological map, it faces a structural shift and geopolitical tensions have heightened the …

Florida regulators have extended their supervision of American Mobile Insurance Exchange for another 120 days—for the sixth time in two years—suggesting that a runoff of the once-dominant carrier’s policies may be taking longer than expected in a still-stressed Florida mobile …

California has one of the largest flood insurance coverage gaps in the country, a new report shows. Neptune Flood released a new report showing residential flood insurance penetration across the state is 1.4%, despite 2.3 million properties facing flood risk …