Posts by Hometown Insurance

Orion180 Insurance Group Inc., a specialty homeowners and flood insurer, is seeking to raise as much as $340 million in an initial public offering. The Melbourne, Florida-based company plans to market 20 million shares for $15 to $17 each, according …

The US attacked more Iranian oil tankers overnight, with the worsening tensions over control of the Strait of Hormuz sending Brent crude beyond $100 a barrel. The American military said it “destroyed” five vessels in response to Iran’s Islamic Revolutionary …

Willis Re said it has hired Neil Eckert as CEO one day after Conduit Holdings announced Eckert would be leaving as CEO of Conduit Re. Willis Re said Eckert will lead its global broking and advisory strategy to drive growth …

Artificial intelligence use is surging on farms as growers look for some high-tech help in planning and managing operations after years of scaling back on spending, according to McKinsey & Co. Some 17% of the world’s farmers now use generative …

Cyberattacks on the healthcare industry, like the one that hit an Anne Arundel County hospital last week, are becoming increasingly common and state-level policymakers should prepare for even more, an expert said Tuesday. “I think it’s incumbent upon people who …

Air travelers in the UK faced a second day of severe disruptions after a technical glitch at a key node forced Heathrow Airport and other hubs to cancel hundreds of flights, adding to similar incidents in recent years that have …

Large companies and public bodies are increasingly scrutinizing their dependence on critical digital infrastructure as geopolitical tensions, export controls and cyber threats expose vulnerabilities that were once largely taken for granted, a Capgemini survey published on Tuesday showed. Responses from …

German police have detained a 48-year-old man suspected of carrying out a series of sabotage attacks on the country’s electricity grid, police and prosecutors said on Tuesday. The suspect, identified as Daniel V. in line with German privacy rules, was …

The armed conflicts, trade wars, and extreme weather events hammering maritime supply chains are not one-offs, but rather signs of a “structural shift” for global trade, 18 of the most important shipping nations warned on Tuesday. “Shipping routes are increasingly …

The Trump administration has stalled a study that would help regulators understand which industries dump harmful forever chemicals with their wastewater, according to two former agency officials who were involved in its development. A public notice shows the first of …