Posts by Hometown Insurance
Europe Struggles to Counter Russian Attacks Falling Short of War
A day after Germany blamed Russia for a failed drone attack on cargo planes at its Leipzig-Halle airport, European Commission President Ursula von der Leyen made a tacit admission that the continent was not responding quickly enough to the threat. …
Read More At First NYC Firehouse to Respond on 9/11, Sal Argano Is Last Still on Staff
Sal Argano got lucky. When the World Trade Center was struck by hijacked jets on Sept. 11, 2001, the New York City firefighter was in Brooklyn, on loan to another station, rather than at his usual post at the small …
Read More Allianz, Zurich Say They Have No ‘Material Exposure’ to Radiant
Insurers Allianz SE and Zurich Insurance Group AG, who had both written policies covering transactions tied to Radiant World, said they have no material exposure to the iron ore trader. Zurich had insured Radiant World against non-payment from counterparties including …
Read More AI ‘Arms Race’ Still Poses Global Stability Risk, BIS Chief Says
The artificial intelligence boom remains a global financial stability danger that risks more damage than past crashes, the Bank for International Settlements chief said. Pablo Hernandez de Cos reiterated a warning delivered by his institution in June, observing that investors’ …
Read More What Do We Remember About 9/11? Whom Do We Remember?
Where were you on September 11, 2001, when you heard that at 8:46 a.m. a hijacked American Airlines Flight 11 crashed into the North Tower of the World Trade Center (WTC) in Manhattan? And that minutes later hijackers crashed United …
Read More Powerful El Niño Nears Record Strength, US Forecasters Say
The powerful El Niño that’s already disrupting global weather patterns has a 75% chance of becoming “a historic event,” surpassing all records dating back to 1950, the US Climate Prediction Center said. El Niño will likely keep getting stronger through …
Read More Lawmakers Call for New AI Rules After Anthropic Researchers’ Safety Warnings
U.S. lawmakers this week called for new rules to govern AI, after an Anthropic researcher went public with his concerns about the technology escaping human control. The reaction was broader than after previous statements from OpenAI and Anthropic staffers about …
Read More Florida Posts New Workers’ Comp Rules on Physician Dispensing, Immigration Forms
The Florida Division of Workers’ Compensation has posted finalized rule changes in keeping with a recent court decision on physician dispensing of medication, along with new rules requiring the latest federal immigration status forms for workers. Six months after a …
Read More People Moves: Burns & Wilcox Adds New West Coast Associate Managing Directors
Burns & Wilcox, headquartered in Famington Hills, Michigan, hired Winston Rendall and Sandra Shambaugh as associate managing directors for the West region. Rendall comes to Burns & Wilcox with 10 years of experience. Most recently, he was vice president of …
Read More 9/11 and Its Many Griefs Land Differently in America 25 Years Later
When the planes crashed and the buildings fell on that sunny September morning 25 years ago, the shock waves of dismay and grief went far past downtown New York City, rural western Pennsylvania and just outside Washington, D.C. They radiated …
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