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Posts by Hometown Insurance

NATO Allies Foil Russian Subsea Cable Sabotage Plot

By Hometown Insurance | September 10, 2026
Deep in Arctic waters near the remote Svalbard archipelago this spring, NATO allies caught Russian subs training to unleash a secret weapon designed to disable critical undersea cables without leaving any fingerprints. The clandestine Russian operation, described to Reuters by …
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Private Credit Investors Clash Over £36 Billion BHP Dam Collapse Litigation

By Hometown Insurance | September 10, 2026
Two litigation funders are backing rival law firms in a fight for control of a £36 billion ($48.8 billion) suit over one of Brazil’s worst environmental disasters. Law firm Pogust Goodhead brought the UK case against BHP Group Ltd and …
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Ledger Hires New Security Chief as Crypto Hacks Hit $1.4 Billion

By Hometown Insurance | September 10, 2026
Ledger SAS, a maker of hardware devices used to store cryptocurrencies, is combining oversight of its internal technology systems and security under a single executive, as a rise in artificial intelligence-fueled crypto attacks pushes companies to rethink their defenses. Paris-based …
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Hormuz Disruptions Hitting Small Businesses Hardest, UN Trade Agency Warns

By Hometown Insurance | September 10, 2026
Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience of international trade, the United Nations Conference on Trade and Development said on Tuesday [Sept. 8]. …
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UK Airlines Say They’re Left On the Hook for ATC Outage Cost

By Hometown Insurance | September 10, 2026
UK airlines said they’ll have to foot the bill for the travel chaos caused by a technical glitch at the country’s air-traffic control provider and led to thousands of canceled flights this week. The financial fallout from the fault at …
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Stellantis to Recall Over 200,000 Jeep Vehicles Over Tire-Pressure Monitor

By Hometown Insurance | September 10, 2026
Chrysler parent Stellantis is recalling 201,976 Jeep vehicles in the U.S. due to a software error that may cause the tire pressure monitoring system to fail to detect low tire pressure or illuminate the warning light, the U.S. National Highway …
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The Big Data/AI ‘Revolution’ Is Driving up Verdicts, Settlements as Plaintiffs Buy In

By Hometown Insurance | September 10, 2026
Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential jurors in the jury pool, …
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Connecticut Insurance Department Relocates to Trumbull Street Building

By Hometown Insurance | September 10, 2026
The Connecticut Insurance Department (CID) has completed its relocation to Trumbull Street in Hartford. The agency became operational from its new office space effective September 8, 2026. The insurance department’s office location is now: Connecticut Insurance Department, 280 Trumbull Street, …
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Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California

By Hometown Insurance | September 10, 2026
For the first time in three years, capacity is returning to the California homeowners insurance market. The clearest evidence is in the residual market. In the second quarter, the California FAIR Plan added roughly 12,000 residential policies, the fifth consecutive …
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Connecticut Towns Installing License Plate Reading Cameras on School Buses

By Hometown Insurance | September 10, 2026
City and town leaders across Connecticut have been fielding growing pushback from residents over automated license plate readers, which opponents say raise a range of concerns about privacy. But as many state and local leaders have called for a pause …
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