Posts by Hometown Insurance
Japan Faces $6-a-Person Lawsuit Over Climate Change Risks
More than 450 people are suing Japan’s government and seeking damages of 1,000 yen ($6) each, alleging one of the world’s top greenhouse gas emitters isn’t doing enough to combat global warming. The lawsuit, filed Thursday at the Tokyo District …
Read More Viewpoint: AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning
When Albania appointed the world’s first AI-powered cabinet minister in September 2025 in an effort to help stamp out corruption from public procurement, reactions ranged from optimism to disbelief. Whether symbolic or substantive, the announcement underscored a deeper reality: artificial …
Read More What to Know About Trump’s Executive Order to Curtail State AI Regulations
President Donald Trump signed an executive order Thursday pressuring states not to regulate artificial intelligence. Trump and some Republicans argue that the limited regulations already enacted by states, and others that might follow, will dampen innovation and growth for the …
Read More Google Sues Chinese ‘Darcula’ Group Over Alleged Phishing Scheme
Alphabet Inc.’s Google filed a lawsuit against alleged Chinese cybercriminals, accusing the group of orchestrating a vast phishing campaign designed to dupe Americans into turning over their credit card numbers. The group, which Google refers to as “Darcula,” developed a …
Read More Insurance AI Demo Day Calendar Announced
Wells Media Group Inc. today announced the 2026 Insurtech + AI Demo Day events calendar, a lineup of virtual events featuring live demos of the AI and technology tools and innovations shaping the insurance industry. The series is presented by …
Read More Icahn Money Manager Sues His Bosses and Bausch + Lomb Over Anti-White Bias
A money manager at Carl Icahn’s investment firm is suing Bausch + Lomb Corp. and his billionaire employer, alleging he was discriminated against for being White. The manager, Steven Miller, claims he wasdenied a board seat when the activist investor …
Read More Ex-Greensill Executives Charged in Germany Over Bankruptcy
German prosecutors charged two former board members of Greensill Bank AG for their roles in the 2021 demise of the lender. The men are charged with bankruptcy crimes and false accounting, a spokesman for Bremen prosecutors said in an emailed …
Read More European Rating Agency Scope Plans Global Expansion Drive and IPO
Scope Ratings, which brands itself as Europe’s home-grown alternative to S&P, Moody’s and Fitch, plans a U.S. expansion drive and a stock market listing in the coming years, its founder and chief executive has told Reuters. Berlin-headquartered Scope has seen …
Read More Viewpoint: What Marijuana’s Move to Schedule III Really Means for Cannabis Insurance
The cannabis world is buzzing about a possible move to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. If it happens, it will be a meaningful shift—especially for taxes and market access—but it will not …
Read More Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers
Georgia Insurance Commissioner John King announced more auto insurance rate reductions for motorists in the state—the second announcement in as many months. King credited tort-reform laws and stepped-up efforts to combat insurance fraud. “As we continue the OCI mission to …
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