Posts by Hometown Insurance
EU Considers Secondary Sanctions to Hit Russia’s War Effort
The European Union is mulling introducing secondary sanctions in an effort to prevent third countries from helping Russia circumvent the bloc’s existing punitive measures against Moscow, according to people familiar with the matter. The EU is working on a 19th …
Read More International Coalition Calls Out Three Chinese Companies Over Hacking Campaign
An unusually broad coalition composed of the United States, its traditional English-speaking allies, and other nations including Germany, Italy and Japan is calling out three Chinese companies over alleged hacking activity. In a 37-page advisory published on Wednesday, the countries …
Read More How Climate Variability Threatens Corn Growers
Robb Rynd and his brother grew up farming and wanted to do more of it outside their day jobs, so they went in together on what’s now a little over 200 acres of corn, soybeans, wheat and sorghum. Last year …
Read More Crumbling Michigan Dam Reveals Potential Risks of Private Hydroelectric Ownership
Amid stacked rows of brightly colored plastic kayaks and canoes, Khrystal Crosno recently helped an Ann Arbor family begin a floating trip along the scenic AuTrain River. The Earl family should spot turtles, herons and river otters during the 7-mile …
Read More Texas Serial Arsonist Charged With Starting Hay Bale Fires
A serial arsonist in Lavaca County, Texas pleaded guilty to one count of felony vehicle arson and admitted to starting six hay bale fires dating to 2024, the Texas Department of Insurance announced this week. The Hallettsville Police Department arrested …
Read More Louisiana Governor: No ‘Immediate Danger’ After Auto Plant Fire
Following a massive fire on Friday at an automotive lubricant plant in southeast Louisiana, residents are reporting soot on cars and oily residue in nearby bodies of water. But Gov. Jeff Landry said that there is no indication of an …
Read More 20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms
Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another catastrophic storm and the litigation that may follow, according to industry leaders. They point to tighter insurance policy language and …
Read More West Virginia Lags Behind in Sites for New Businesses, But That is Changing
On the Ohio River in Wood County, officials are clearing hurdles to prepare sites for new businesses. Two locations, 70 acres of farmland and a sprawling industrial park, are set to become suitable for development, thanks to the first $150,000 …
Read More Florida Uses Highway Weigh Stations as Immigration Check Points
Florida law enforcement will begin asking commercial truck drivers about their immigration status during inspections at highway weigh stations after a turnpike crash killed three people earlier this month. State Agriculture Commissioner Wilton Simpson and state Attorney General James Uthmeier, …
Read More Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access
Sompo Holdings, a subsidiary of Sompo International Holdings, said it has an agreement in place to acquire Aspen Insurance Holdings for about $3.5 billion to further its geographical reach outside of its home territory. Tokyo-based Sompo early this year announced …
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