Posts by Hometown Insurance
Verisk Pulls Plug on $2.4 Billion AccuLynx Deal After FTC Review Delay
Data analytics firm Verisk said it pulled the plug on its planned $2.35 billion acquisition of roofing software maker AccuLynx, pinning the termination on a regulatory review delay. Verisk said the decision follows a notification from the U.S. Federal Trade …
Read More Nuclear Developer Proposes Using Navy Reactors for Data Centers
A Texas power developer is proposing to repurpose nuclear reactors from Navy warships to supply the US grid as the Trump administration pushes to secure massive amounts of energy for the artificial intelligence boom. HGP Intelligent Energy LLC filed an …
Read More ‘Bomb Cyclone’ Knocks Out Power to Thousands in Northern US
A winter storm that brought intense winds and rapidly falling temperatures to the Northern US including New York has left more than 200,000 customers without electricity. A weather pattern known as a “bomb cyclone” because of large drops in air …
Read More Funding Cuts Put America’s Consumer Watchdog on the Brink of Collapse
When Bianca Jones, a 33-year-old special education teacher in Memphis, Tennessee, decided a couple of years ago that she wanted to buy a house, she started digging into her Experian credit report. She was shocked by what she found. Her …
Read More Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup
A shipment of lobster meat worth $400,000 that was being held in a Massachusetts cold storage facility never made it to the Costco stores in the Midwest where it was supposed to be delivered. Instead, it appears it was stolen …
Read More APCIA’s 2026 Agenda to Combat Legal System Abuse, Protect Insurance Affordability
The American Property Casualty Insurance Association (APCIA) announced its 2026 advocacy priorities, underscoring APCIA’s mission to advance private competitive markets to ensure access to affordable personal and commercial insurance protection. “APCIA’s mission statement reflects our unwavering dedication to safeguarding consumers …
Read More Deadly Train Derailment in Mexico Hits Priority Rail Project
A train derailment in southern Mexico that killed 13 and injured dozens more is presenting President Claudia Sheinbaum with a fresh test to hold her government accountable. The Sunday accident hit a major rail line that was revamped and operated …
Read More Ryanair Hit by €256 Million Fine in Italy Travel Agency Spat
Ryanair Holdings Plc was fined nearly €256 million ($302 million) by Italy’s antitrust watchdog for allegedly using an “abusive strategy” to thwart customers who booked through travel agencies. The Rome-based competition authority said Europe’s most popular airline imposed barriers such …
Read More Coupang Offers $1 Billion Compensation for Data Breach Victims
Coupang is offering compensation worth more than $1 billion to all customers affected by South Korea’s biggest-ever data breach. The country’s biggest online retailer said on Monday it would soon start offering vouchers worth up to 50,000 won ($35) to …
Read More China Fires Rockets Toward Taiwan in War Games Simulating Blockade
China fired rockets into waters off northern and southern Taiwan on Tuesday and deployed new amphibious assault ships alongside bomber aircraft and destroyers on the second day of its most extensive war games, a rehearsal for a blockade of the …
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