Posts by Hometown Insurance
Ship Insurers Set for Major Claims From Iran War, Allianz Says
The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such claims stemming …
Read More Fire tracking App Used by Millions Expands to Help Monitor Dangerous Floods
When a fire broke out a few miles from his Altadena, California, home the evening of Jan. 7, 2025, Matt Blea and his family needed to make a crucial decision: Should they stay home, or evacuate? A friend who did …
Read More EU to Escalate Meta Probe Into Addictive Design That Hooks Kids
The European Union is set to ramp up an investigation into Meta Platforms Inc. that alleges its products are addictive to children, as the bloc increases regulatory pressure on the US social media company. The EU’s executive branch, the European …
Read More Trump Orders US to Speed Quantum Adoption, Boost Cyber Defenses
President Donald Trump signed executive orders June 22 aimed at accelerating quantum research, laying the groundwork for federal agencies to adopt the technology and strengthen US defenses against cyberattacks. The orders would boost the US “as the world leader in …
Read More How Insurers Know When It’s Time to Scale AI
After several years of experimentation with generative AI and machine learning, many carriers have moved beyond asking whether AI has a role in insurance. Instead, they’re grappling with a different question: How do organizations know when an AI pilot is …
Read More Russia’s Wiki Warfare Tries to Distort Reality, Documents Show
Russian influence operators called it Project 2026. The plan wasn’t just to spread fabricated stories on social media platforms. It outlined efforts to create an alternative information ecosystem. Leaked documents from a private Russian agency reviewed by Bloomberg News reveal …
Read More Keystone Adds Wisconsin’s Kreager as a Network Partner
Keystone announced Kreager Insurance Services, Inc. as its newest network partner in Wisconsin. Founded more than 50 years ago, Kreager is independent insurance agency serving individuals, families, and businesses throughout Wisconsin. With offices in Marathon and Schofield, the agency is …
Read More New Poll Shows Majority of Texans Oppose Data Center Construction
A majority of Texans oppose the construction of data centers in their community, including nearly two-thirds of Texans living in rural areas, according to a new poll published Tuesday. The survey of 1,200 self-reported registered voters conducted by the University …
Read More Sign of the Times: Florida Citizens’ Market Share, Litigation Levels Dropping to New Lows
In another measure of the remarkable turnaround of the Florida insurance market, Citizens Property Insurance Corporation’s share of the market has dropped to just 2% for the first time in more than 15 years, Citizens’ president said at a board …
Read More AllianzGI Gets $744 Million for Latest APAC Private Credit Fund
Allianz Global Investors secured $744 Million in commitments for the first close of its latest private credit fund targeting investments in the Asia Pacific, underscoring sustained investor interest for the asset class in the region. The Allianz Asia Pacific Secured …
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