Posts by Hometown Insurance

Specialty insurer Beazley said it has reached an agreement to acquire kWh Analytics. Terms of the deal were not disclosed. kWh Analytics, a managing general agency, combines data with advanced analytics to deliver insurance and risk management solutions for clean …

Policymakers around the world are readying measures to absorb surging energy and commodities prices triggered by the Middle East war that now threaten the global economy with its biggest shock since the pandemic. What were cast as dire scenarios when …

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks created an opening for Meta Platforms Inc. to step in and …

Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S. and Israeli attacks continue, prompting President Donald Trump to say the U.S. would hit Iran much harder if it blocked …

At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more …

A new regulation requires Louisiana insurers to provide premium discounts to residential properties that obtain a Fortified designation in accordance with standards put forth by the Insurance Institute for Business and Home Safety (IBHS). Fortified homes in the central and …

An Indiana church that sought payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag when it comes to settling insurance contracts. A federal appeals court ruled last week …

A Wisconsin man who allegedly told police he tried to set fire to a Republican congressman’s office last year because he was angry that the lawmaker backed a bill requiring TikTok’s Chinese owner to sell off its U.S. operations was …

Excitement about adopting artificial intelligence technology is palpable in the insurance industry, but the reality is that while most carriers use artificial intelligence technology, few use AI at more than a small scale— and the vast majority of adjusters say …

To coincide its 10-year anniversary, Insurify launched what it called the first ever insurance app on OpenAI’s directory, which caused the stocks of brokers to take a hit due to disruption fears. Well, that’s not exactly true. While Insuify did …