Posts by Hometown Insurance
Ex-PIMCO Executive Scores Milestone on Launch of Catastrophe Bond ETF
An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF to attract a lead market maker. The KRC Cat Bond UCITS ETF was launched with the goal of drawing more …
Read More NAIC Names Committee Leaders for 2026
The National Association of Insurance Commissioners (NAIC) recently announced its 2026 committee leadership “Chosen by their peers, our 2026 committee leaders bring unique skills, backgrounds, and viewpoints to the challenges and opportunities we face, reflecting the strength of the state-based …
Read More US Senators Introduce Long-Awaited Bill to Define Crypto Market Rules
U.S. senators late on Monday unveiled draft legislation that would create a regulatory framework for cryptocurrency which, if signed into law, would clarify financial regulators’ jurisdiction over the burgeoning sector, potentially boosting digital asset adoption. The crypto industry has long …
Read More Publishers Seek to Join Lawsuit Against Google Over AI Training
Publishers Hachette Book Group and Cengage Group asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google over the alleged misuse of copyrighted material used to train its artificial intelligence systems. …
Read More South Africa Closes Kruger Park as Deadly Floods Kill Dozens
Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique. The South African Weather Service on Thursday issued its highest weather warning …
Read More Polish Premier Blames Russia for Cyberattack on Energy Facilties
Poland fought off a wave of cyber threats from Russia which targeted its energy infrastructure in December, Prime Minister Donald Tusk said. A series of attacks in the last days of the month hit two power plants and renewable energy …
Read More SC Workers’ Comp Commission Bans Most Wireless Devices in Courtroom
The South Carolina Workers’ Compensation Commission this week banned all wireless communication devices, including cellphones, laptop computers, cameras and even smart watches, from the Commission’s courtroom. The bulletin, issued Jan. 12, said the order does not apply to staff, lawyers, …
Read More New York State Police Report 30-Car Pileup on I-81 Near Syracuse
On Thursday January 15, at about 2:20 p.m., New York State Police responded to a report of a multi-vehicle crash on I-81 southbound, south of Exit 73 in the town of LaFayette, a rural community about 15 moles south of …
Read More The Return Period for An LA Wildfire-Scale Event May Be Shorter Than You Think
There has been no shortage of analyses and reporting released for the one-year anniversary of the January 2025 Los Angeles wildfires, which destroyed more than 16,000 properties and have generated more than $22 billion in claims so far. A one-year …
Read More Food Distributor to Pay $1.1 Million Over Deadly Ammonia Release
The U.S. Environmental Protection Agency (EPA) has reached a $1.1 million civil penalty settlement with a wholesale food and snack distributor in Massachusetts. The EPA said Home Market Foods violated federal Clean Air Act (CAA) chemical safety requirements at its …
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