Posts by Hometown Insurance

New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen’s Houthis threatened to worsen the wartime disruption to …

Almost 300 women who say they were sexually abused by former Harrods owner Mohamed Al Fayed want as much as £150 million ($203 million) in compensation from the luxury department store, more than double the amount it’s set aside. The …

Ford is recalling 223,472 vehicles in the U.S. due to leaky and improperly secured fuel tanks that may detach from the vehicle while driving, the U.S. National Highway Traffic Safety Administration said on Saturday. Here are some more details from …

U.S. commercial insurance rates increased 0.5% in the second quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing is continuing to move toward a more balanced market, with overall price increases moderating across …

For years, some of the leading figures in Silicon Valley have warned that artificial intelligence might pose an existential threat to humanity even as they pushed to develop the technology. This week, the high-profile resignation of an Anthropic researcher brought …

A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead …

For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …

Six people have been convicted in a bribery scheme that enabled more than 100 people to fraudulently obtain commercial driver’s licenses, the U.S Attorney’s Office, Eastern District of Louisiana announced. Mahmoud Alhattab, a restaurant owner, led a scheme in which …

Each morning this summer, Gordon and Connie Howie have awoken on their cattle ranch in central Pennington County and turned on the kitchen faucet, unsure if any water will come out. “We can’t do laundry or dishes or take showers …

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Farm Bureau Property & Casualty Insurance Company and Western Agricultural Insurance …