Posts by Hometown Insurance

US power grids are expected to grapple with unprecedented seasonal demand and the threat of blackouts after a damaging winter storm coated parts of the South and Mid-Atlantic in ice — leaving brutal cold in its wake. More than 800,000 …

Insurance broker Marsh Risk, a business of Marsh, announced the addition of significant capacity to Nimbus, its large-scale data center construction insurance facility. Nimbus now offers limits up to US$2.7 billion – inclusive of delay in start-up and business interruption …

DoorDash Inc. and Uber Technologies Inc. lost a bid to block a New York City law requiring a tipping option be presented to customers at checkout from going into effect Monday. A federal judge on Friday denied the companies’ request …

Heavy snow and ice hit northern and eastern Europe, disrupting transport and power systems as freezing conditions are forecast for the next two weeks. The winter storm triggered red weather alerts in Germany, where 20 centimeters (7.9 inches) of snow …

The European Commission has launched an investigation into Elon Musk’s AI chatbot Grok over the production of explicit imagery, Regina Doherty, a member of the European parliament representing Ireland, said in a statement on Monday. The investigation will assess whether …

French food and beverage maker Danone said on Friday it was recalling specific baby formula batches in targeted markets, as a toxin contamination scare that started with Nestle products continued to spread. Some of the world’s largest dairy companies including …

The UK is losing more jobs than it’s creating because of artificial intelligence — and at a faster rate than its international peers. That’s according to research by Morgan Stanley that found the significant benefits to firms adopting the technology …

Countries including the UK, Germany and the Netherlands will pledge to jointly develop 100 gigawatts of offshore wind capacity in the North Sea and step up security of such infrastructure amid growing threats of sabotage. Energy ministers from nine countries …

An Edwardsville, Illinois man is facing a federal arson charge for allegedly setting fire to an insurance office building in Alton, according to the U.S. Attorney’s Office, Southern District of Illinois. A federal grand jury charged Jason Dawson, 38, with …

In 2024, the Texas House Republican primaries were a bloodbath. The cutthroat cycle saw historic levels of campaign ad spending, including the usual cash influx from West Texas oil billionaires Tim Dunn and Farris Wilks supporting far-right primary challengers. Gov. …