Posts by Hometown Insurance

A senior executive at the UK’s National Wealth Fund has criticized the country’s banks and money managers for what he characterized as their failure to embrace the risk levels needed to drive the low-carbon transition. “What I’m not seeing is …

A cargo ship that was abandoned in the middle of the Pacific Ocean after catching fire Tuesday was carrying cars from several Chinese automakers, according to people familiar with the matter. The Morning Midas was shipping around 3,000 cars from …

A Republican attempt to block states from enforcing new artificial intelligence rules over the next decade has drawn growing bipartisan objections, exposing tension in Washington over allowing for more unchecked AI development. The proposal, buried on pages 278 and 279 …

China is considering imposing safety requirements for driving assistance systems, as more of the country’s automakers offer such features on cars to attract buyers. A post published by China’s national standards database on Wednesday showed that the country’s Ministry of …

U.S. Commerce Secretary Howard Lutnick told a Senate hearing that the National Oceanic and Atmospheric Administration (NOAA) is “fully staffed” with weather forecasters and scientists after concerns were raised about some offices losing 24-hour staffing ahead of hurricane season. “We …

Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their recovery to about $15.26 billion. The Luxembourg Investment Fund and Luxembourg Investment Fund …

While major corporate cyber hacking makes the news nearly every day, what about hackers in homes? As personal lives and residences become more intertwined with the internet, consumers are at greater risk of personal cybercrime. As risk grows, so does …

Hackers are tricking employees at companies in Europe and the Americas into installing a modified version of a Salesforce-related app, allowing the hackers to steal reams of data, gain access to other corporate cloud services and extort those companies, Google …

Three women are suing Baltimore’s public school system, alleging they were sexually abused by a special education teacher decades ago while administrators failed to protect students from his predatory behavior. One of the plaintiffs was 14 when she alleges the …

Workers’ compensation benefits are not available to a worker injured when he was chased and hit by a golf cart driven by a co-worker who claimed he was just horsing around. The Virginia Court of Appeals ruled that Dennis Ocasio’s …