Posts by Hometown Insurance

The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors. The insurance regulator would impose a 100% …

A Minnesota jury awarded $65.5 million last week to a mother of three who claimed talcum products made by Johnson & Johnson exposed her to asbestos and contributed to her developing cancer in the lining of her lungs. Jurors determined …

The owner of a South Dakota hotel who said Native Americans were banned from the establishment was found liable for discrimination against Native Americans last week. A federal jury decided the owner of the Grand Gateway Hotel in Rapid City …

Wells Fargo & Co. was sued by a former manager who says he was fired for pushing the bank to create a more diverse workforce and objecting to its practice of interviewing minority applicants for jobs that were already filled. …

Commercial lines insurance is changing—not with loud announcements or flashy tech demos, but through quiet, meaningful shifts in how work gets done. Much of this progress is driven by teams applying AI tools to everyday tasks. Underwriters are spending less …

Three property/casualty insurers have dominated the industry’s artificial intelligence patent activity since 2014. State Farm, USAA and Allstate account for 77% of all AI patents by insurers in that time, according to tracking data from Evident, an AI benchmarking and …

Is a pedestrian entitled to personal injury protection (PIP) benefits in Massachusetts after being injured while trying to get out of the way of an oncoming motor vehicle even though she was not hit by the vehicle? The answer is …

Waymo’s driverless ride services were a high-profile victim of a power outage that affected large swaths of San Francisco, with cars freezing mid-ride across the city and disrupting traffic. After traffic lights went dark at major intersections Saturday, social media …

The US government acknowledged in a federal court filing that it was liable for damages resulting from a deadly collision between an Army helicopter and a regional American Airlines Group Inc. jetliner earlier this year near Washington, one of the …

Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing …