Posts by Hometown Insurance

Canadian telecommunications provider Telus Corp. said it’s investigating a cybersecurity incident. The breach involves “unauthorized access to a limited number of our systems,” a spokesperson for Telus Digital said by email. “Upon discovery, we took immediate steps to address the …

Sanlam Ltd. sounded the alarm about the impact of a protracted war in the Middle East, with Africa’s biggest insurer saying the conflict could have a “massive” impact on its performance. The escalating tensions will hurt earnings of the firm …

AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation, both of Middleton, Wisconsin, and Platte …

The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers have framed the issue around partisan lines. U.S. President Donald …

Reed Anders joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Chicago, Illinois, Anders has led cross-functional teams across finance, accounting, HR, compliance, IT, and operations. He began his career …

ormer Michigan linebackers coach Chris Partridge sued the university, its board of regents and its athletics director Wednesday for firing him in 2023 while the NCAA investigated allegations of in-person scouting and sign-stealing. Partridge’s lawsuit filed in U.S. District Court …

A man was killed after ramming his vehicle into the front doors of a synagogue in suburban Detroit on Thursday afternoon, setting off an exchange of gunfire with security officers and a large police response, authorities said. Oakland County Sheriff …

The U.S. Commodity Futures Trading Commission on Thursday called for public comment ahead of a regulatory proposal it said would shape government oversight of the burgeoning market for events contracts and prediction markets. In a public notice, the agency drew …

Multinational agriculture technology company Syngenta announced last Tuesday (March 3) that it will cease global production of the herbicide paraquat by the end of June, including at its facility in Iberville Parish. Banned in more than 70 countries, paraquat is …

A new report from S&P Global Market Intelligence is filled with information about record line-of-business loss ratios achieved in 2025—with some property/casualty lines coming in at record lows, and others reaching record high levels. Not surprisingly, the highs occurred for …