Posts by Hometown Insurance

Power-hungry data centers have increased supply costs for the largest US electric grid by more than 60%, the system watchdog said. PJM Interconnection LLC, which serves 13 states and Washington, DC, said Tuesday that its auction to procure power for …

Ransomware group World Leaks has posted on the dark web a huge cache of files related to India’s largest nuclear plant, including purported blueprints of parts of its facilities and supplier details — information it labeled as coming from Reliance …

The UK has proposed rules to help encourage a potential new insurance market worth billions of pounds as part of a drive to boost competitiveness. The Bank of England and the Financial Conduct Authority laid out plans for a captive …

Everest Group Ltd., headquartered in Hamilton, Bermuda, appointed Craig Hanrahan as Global Distribution & Chief Commercial Officer, effective August 1, 2026. He will continue to report directly to Jim Williamson, Everest president and CEO, serving as a member of the …

All of the best-known storm forecasting services have predicted a mild 2026 Atlantic hurricane season. That includes Colorado State University, which last week revised its outlook to “well below normal” with just nine named storms, four hurricanes, and only one …

Digital insurer Lemonade has expanded availability of its renters insurance into Vermont and Maine. They become the 43rd and 44th states where Lemonade offers renters insurance. Lemonade lets renters use an app to obtain quotes, purchase policies, update existing policies, …

Canada has suspended several animal exports from Texas due to concerns about the New World screwworm, according to the U.S. Department of Agriculture. The Canadian Food Inspection Agency is immediately suspending the export of horses, pigs, cattle, bison, sheep, goats, …

Slow-moving storms are drenching much of central Texas this week as a disturbance in the upper atmosphere collides with summer humidity to produce heavy rains. Flood alerts cover much of central Texas, including San Antonio, Austin and the Houston suburbs. …

An Indiana woman has pleaded guilty to wire fraud for her role in a six‑year scheme that targeted and financially devastated an elderly victim Shayna Williams, 51, of Westfield, was involved in a car accident with an elderly woman. Following …

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to WoodStar Reciprocal Exchange (WoodStar), based in Little Rock, Arkansas. In addition, AM Best has assigned a Long-Term Issue Credit …