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Posts by Hometown Insurance

Viewpoint: ‘AI Action Plan’ Does Not Address AGI, Superintelligence, or Alternate Intel

By Hometown Insurance | July 31, 2025
On July 23, 2025, the White House released its policy document entitled Winning the Race: America’s AI Action Plan. The Action Plan provides a thorough analysis of strategies, measures, and potential concerns to guide the future development of AI. It …
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Dating Advice App Tea Suspends Messaging After Breaches

By Hometown Insurance | July 31, 2025
The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security breaches that exposed its users’ personal details and sensitive communications, the company said on Tuesday. In a series of posts to TikTok, Tea Dating …
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Viewpoint: Green Technologies Bring New Property Risks – and Opportunities

By Hometown Insurance | July 31, 2025
From roof-mounted solar panels and automated warehouses to electric vehicle depots, green technologies are transforming commercial property risk profiles. While these innovations improve energy efficiency and sustainability, they also introduce new challenges: including fire hazards from solar photovoltaic (PV) systems, …
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Risk Strategies Acquires Assets of 3 New Mexico Firms

By Hometown Insurance | July 31, 2025
Risk Strategies acquired the assets of Santa Fe, New Mexico-based firms Zia Insurance Services, Tyra Enterprises Inc. and Capitol Insurance Services Inc. The firms will become part of the Risk Strategies West Region, and report to Pat Roth, west region …
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Suspect in Michigan Walmart Stabbings Charged With Rarely Used Terrorism Count

By Hometown Insurance | July 31, 2025
A Michigan prosecutor filed a terrorism charge this wek against a man accused of stabbing 11 people at a Walmart store. The charge has been rarely used in the state’s courts since it was adopted more than 20 years ago …
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California City Suing Former Officer Who Skied, Went to Festival on Workers’ Comp

By Hometown Insurance | July 31, 2025
A California city has filed a civil lawsuit against a former police officer who went skiing and attended a music festival while collecting workers’ compensation. Westminster filed the suit against a former police officer who was charged with 15 felonies …
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Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions

By Hometown Insurance | July 30, 2025
Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform designed for residential roofing contractors, for $2.35 billion. Verisk said in a July 30 announcement that both companies play key …
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Cotality Estimates $1.1B in Damage to Residential Buildings from Central Texas Floods

By Hometown Insurance | July 30, 2025
Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners across the impacted …
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People Moves: LSM Hires Nelson, Ciraci and Prout to Boost Renewables Offering; BMS Promotes Wookey to Managing Director, Bermuda Product Line Development

By Hometown Insurance | July 30, 2025
This edition of International People Moves details appointments at Liberty Specialty Markets and the broker BMS. A summary of these new hires follows here. Liberty Specialty Hires Nelson, Ciraci and Prout to Boost Renewables Offering Liberty Specialty Markets (LSM), part …
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Two Georgia Men Denied Bond After Charged With Large Cache of Homemade Bombs

By Hometown Insurance | July 30, 2025
Two Georgia men, denied bond, are in jail awaiting court action after they were charged with possessing a large amount of homemade explosive devices. The Georgia Office of Insurance Commissioner and State Fire Marshal’s Office, along with the Floyd County …
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