Posts by Hometown Insurance

A new survey of corporate insurance buyers reveals widespread interest in buying insurance to cover Gen AI risks—and a willingness to pay up 10-20 percent more in organization-wide insurance premiums for the coverage. But the most willing buyers are those …

Microsoft Corp.’s data-center crunch will continue for longer than the company has previously outlined, underscoring the software giant’s struggles to keep up with cloud demand. Many of Microsoft’s US data center regions are experiencing shortages of physical space or servers, …

The white sandy beaches along a swath of Florida’s Gulf Coast were battered by three hurricanes last year, leading to a multimillion-dollar effort to repair a coastline that is the region’s economic engine. Crews are working with dredges, trucks and …

A 2-year-old boy in south Georgia was attacked by two Rottweiler dogs and died at an unlicensed daycare center while the owner napped, according to police. Stacy Wheeler Cobb, the 48-year-old owner who held the daycare at her home in …

Texas Attorney General Ken Paxton announced he has opened an investigation against TP-Link Systems Inc. (“TP Link”), a manufacturer of networking equipment, for potentially aiding the Chinese government in accessing consumers’ data. The investigation will examine whether TP Link has …

Workers’ compensation specialist The MEMIC Group announced a $19 million dividend for more than 17,000 Maine policyholders. This annual dividend is based on the insurer’s financial performance, claims experience, and its insureds’ safer workplaces during the 2022 calendar year. The …

A soccer match between Argentina and Puerto Rico is being relocated to Florida from Chicago, according to people familiar with the decision, a day after the Texas National Guard arrived in the third-largest US city. The friendly match, originally scheduled …

Danny Lakey and his wife have spent countless evenings sitting on rocking chairs on their front porch, watching the sun slowly dip behind the cows grazing on their neighbor’s ranch. It was the calm country life they dreamed of in …

World Insurance Associates Names Cicchelli Head of Employee Benefits Practice World Insurance Associates LLC named John Cicchelli head of its employee benefits practice. Cicchelli, who will work out of the Iselin, New Jersey headquarters, will spearhead strategic initiatives to accelerate …

The property/casualty insurance industry faces an urgent challenge to rebuild public trust amid growing public skepticism fueled by false narratives, according to remarks by Dino Robusto, chair of the American Property Casualty Insurance Association board of directors. “We must better …