Posts by Hometown Insurance

Taiwan will suspend trading on its stock exchange and shut schools in most areas on Friday as Typhoon Champi approaches the island, disrupting flights and threatening heavy rainfall. Champi is currently 713 kilometers (443 miles) southwest of Japan’s Okinawa and …

The insurance industry has dealt with emerging risks in the past, and Chubb CEO Evan G. Greenberg said he thinks the same approach can be applied to the rapid escalation of apparent liabilities presented by business’ use of artificial intelligence. …

China recorded 199.36 billion yuan ($29.9 billion) in direct losses from natural disasters in the first nine months of 2026, mainly driven by severe typhoons, flooding and landslides, its Ministry of Emergency Management said on Thursday. The losses were down …

Insurance agency mergers & acquisitions in the third quarter of 2026 were down 27% compared with the same period last year. In its latest report, investment banking and financial consulting firm OPTIS Partners said M&A activity in the U.S. and …

Companies and governments worldwide rushed on Thursday to patch critical flaws in the widely used PHP programming language, as a cybersecurity company reported millions of hacking attempts after the vulnerabilities were disclosed. The push came after governments in Europe and …

ATRI Insurance Services LLC hired Kylor Bellistri as assistant vice president, financial institutions. Bellistri brings nearly a decade of insurance industry experience to ATRI. Prior to joining the company, he spent nearly 10 years with Chubb, most recently serving as …

Delaware workers’ compensation insurance rates will decrease for the tenth year in a row, effective December 1, 2026. The voluntary market average loss costs will decrease by 3.99%, while the residual market will see an average rate reduction of 4.11%. …

The prospect of the world’s strongest ever El Niño cycle has a growing number of money managers racing to prepare their portfolios for the disruption they say is coming. The climate phenomenon associated with warming across the equatorial Pacific Ocean …

Bulgarian shipbroker Yordan Petrov no longer sends his vessels into the Black Sea, calling the brave few who still do “kamikazes.” Seven commercial ships have been attacked by drones off the coast of Bulgaria and Romania since the start of …

Insurance and Financial Implications of France‘s Supermarket Refrigeration Cyberattack Keeping things cool is generally a good idea in the supermarket business. When a cyberattack reportedly interferes with refrigeration systems, the consequences can extend well beyond a few melted ice creams. …