Posts by Hometown Insurance
Florida, East Coast to See Big Insured Losses from More Cat 5 Storms, Researchers Say
The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming Jamaica, were mostly Category 5 beasts – …
Read More SEC Chief Wants to Boost IPOs by Easing Rules for Small Firms
The nation’s top securities regulator is planning to make it easier for small companies to go public by cutting mandatory disclosures and scaling back requirements based on the size of the firm. Such a move could increase the initial public …
Read More Trump Administration Backs Bayer’s Bid to Curb Roundup Lawsuits
President Donald Trump’s administration urged the U.S. Supreme Court on Monday to take up Bayer’s bid to curtail thousands of lawsuits claiming its Roundup weedkiller causes cancer, pushing the group’s shares to their highest in almost two years. In a …
Read More Luigi Mangione’s Arrest Videos Played at Hearings Over Insurance Executive’s Killing
Police spoke to Luigi Mangione in a McDonald’s restaurant for more than 30 minutes before arresting him for allegedly gunning down a UnitedHealthcare UNH.N executive, according to videos played on Monday during state court hearings over whether prosecutors can use …
Read More Yet Another Russia-Linked Tanker Gets Attacked in the Black Sea
A fourth Russia-connected tanker in under a week was attacked on Tuesday, a sharp uptick in strikes on Moscow-associated shipping as the war in Ukraine nears a fifth year. The tiny oil and chemicals tanker Midvolga-2 was sailing across the …
Read More Thailand’s Record Floods Paralyze Key Hubs for Tech and Car Parts
Thailand said floods that have devastated much of the country’s south have “paralyzed” the flow of high tech components and car parts to neighboring Malaysia, potentially benefiting rival exporters in Indonesia and Vietnam. In the hardest-hit area of Hat Yai …
Read More Airbus Says Quality Lapses on A320 Panels Need Inspection
Airbus SE suffered a one-two punch on its popular A320 airliner after revealing a quality issue on some fuselage panels — just days after a software glitch on about 6,000 jets required emergency upgrades. “Airbus is taking a conservative approach …
Read More Here’s Why Two AI Copyright Cases Had Two Very Different Outcomes
Artificial intelligence companies and the creative industries are locked in an ongoing battle, being played out in the courts. The thread that pulls all these lawsuits together is copyright. There are now over 60 ongoing lawsuits in the US where …
Read More Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say
The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs, industry sources said. The Black …
Read More Director Pleads Guilty to Fraud Over Fake Plane Parts Sales
The director of a company at the center of a probe into the sale of counterfeit plane parts pleaded guilty to a charge of fraudulent trading. AOG Technics Ltd.’s director, Jose Alejandro Zamora Yrala, appeared at Southwark Crown Court on …
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