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Posts by Hometown Insurance

Viewpoint: The 2026 Forecast for European Insurers Is Partly Cloudy

By Hometown Insurance | December 17, 2025
The European insurers that S&P rates displayed good operating performance in the life and non-life segments in 2025, and we expect they will largely continue to do so in 2026. The European insurance sector is exposed to many external risks, …
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Passenger Ferry Held for Hours After Suspected Russian Hack

By Hometown Insurance | December 17, 2025
European investigators are probing whether Russian military hackers breached computer systems on a vessel owned by MSC-Mediterranean Shipping Company SA, the world’s largest container shipping group, according to people familiar with the matter. The ferry, operated by MSC’s Grandi Navi …
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Ohio Man Sentenced in Multi-State Car Theft Ring

By Hometown Insurance | December 17, 2025
The lead defendant in a $1.5 million chop shop conspiracy was sentenced in U.S. District Court last week to 84 months in prison, the U.S. Attorney’s Office, Southern District of Ohio announced. Kahrese Tracey Scott Lee, 28, of Cincinnati, pleaded …
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Trump Orders ‘Blockade’ of Sanctioned Oil Tankers Leaving, Entering Venezuela

By Hometown Insurance | December 17, 2025
U.S. President Donald Trump ordered on Tuesday a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s latest move to increase pressure on Nicolas Maduro’s government, targeting its main source of income. It is unclear how Trump …
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Ohio Bakery Faces $394K in Fines for Unsafe Working Conditions

By Hometown Insurance | December 17, 2025
The U.S. Department of Labor has cited an Ohio commercial bakery after a federal investigation determined the employer had allegedly exposed workers to unsafe working conditions including chemical, caught-between and caught-in, pinch-point, and struck-by hazards. In addition to these serious …
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Water Shortages in South Texas Drive Downgrade of Corpus Christi

By Hometown Insurance | December 17, 2025
A drought in South Texas caused Moody’s Ratings to downgrade the city of Corpus Christi, which projects demand for water will outpace supply by the spring of 2027. The ratings company lowered the city of roughly 320,000 people to A1 …
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EU to Abandon Combustion Engine Ban in Win for Carmakers

By Hometown Insurance | December 17, 2025
The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry. The proposal will allow carmakers to slow the rollout of electric vehicles …
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Spain Swine Fever Outbreak Grows With 10 New Wild Boar Deaths

By Hometown Insurance | December 17, 2025
Spain reported 10 new cases of wild boar deaths from African swine fever, expanding an outbreak that has put the major pork exporter into high alert. The dead animals, which bring the total count to 26 since the outbreak emerged …
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Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub

By Hometown Insurance | December 17, 2025
The hacking group “ShinyHunters” said on Tuesday it has stolen data belonging to premium customers of the leading sex website Pornhub and is threatening to publish it. Although Reuters could not immediately establish the scope, scale, or details of the …
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Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns

By Hometown Insurance | December 17, 2025
Korean automakers Hyundai and Kia agreed to retrofit 7 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of 35 attorneys general. The state attorneys general …
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