Posts by Hometown Insurance

Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening overnight as the system tracked across southern China. The storm was near Beihai, packing maximum sustained winds of 75 kilometers …

RTX subsidiary Collins Aerospace is working on restoring its onsite passenger processing software for airlines after a cyber “intrusion” disrupted operations, the company said on Wednesday. Charlotte, North Carolina-based Collins Aerospace experienced a disruption on September 19 to its MUSE …

Denmark endured the second drone attack this week as authorities probe Russian involvement in an earlier incident. Large professional drones spotted at five regional airports in Denmark disrupted flights and sparked a major police operation. The airports are open now. …

India plans to set up a nuclear liability fund to cover accident compensation in excess of 15 billion rupees ($169 million) owed by plant operators, in a bid to ease risk-sharing concerns among global suppliers and private firms, two government …

The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday. It was not immediately clear which funds were …

Fabrice Lehmann caught sight of his target as he left his suburban Paris home, dressed for work. He began tailing him, trying to blend in with the commuters heading into the city. A private detective since 1994, Lehmann has increasingly …

Howden US, headquartered in Columbia, South Carolina, appointed Mark Peterson as head of its construction, infrastructure and surety practice. Peterson joins Mike Parrish’s Howden US team and works closely with Naresh Dade, global head of construction, as part of Howden’s …

For decades, insurers have relied on spreadsheets and legacy systems to manage one of their most critical functions: pricing. But as market dynamics shift and pressures intensify, the old tools are no longer fit for this purpose. In today’s volatile …

South Carolina Workers’ Compensation Commission Executive Director Gary Cannon is retiring next month after 16 years on the job. The commission has named Kristen McRee, the director of administrative services at the agency, as the new director, starting Nov. 1. …

Across the South and the United States, homeowners’ insurance rates are rising, with some states seeing an increase of over 50%. Experts say that this issue is contributing to an ongoing housing crisis. While insurance companies have attempted to explain …