Posts by Hometown Insurance

Climate risks, disruptive technology and geopolitical instability are what worry risk managers most, according to a joint survey from the Casualty Actuarial Society and the Society of Actuaries. The 18th Annual Emerging Risk Survey is an online questionnaire prompting risk …

ChatGPT maker OpenAI said on Thursday it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture, framing the project as a matter of urgency for the United States to beat China in the …

MONTGOMERY, Ala. (AP) — After a violent year marked by multiple mass shootings in Alabama, Republican Gov. Kay Ivey and many lawmakers from both parties are backing a proposed ban on so-called Glock switches and other conversion devices that make …

AM Best has downgraded Connecticut Attorneys Title Insurance Co. (CATIC) of Essex Junction, Vermont. The company’s Financial Strength Rating has been downgraded to to B (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb” (Fair) from “bbb” …

A U.S. bankruptcy judge on Wednesday blocked a settlement between families who have sued Alex Jones over his false claims about the 2012 Sandy Hook Elementary School mass shooting, saying their attempt to divide the bankrupt conspiracy theorist’s assets exceeded …

Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems include a major insurer pullback from California in the past year, followed by the L.A. wildfires, which could result in …

The European Commission has asked online fast-fashion retailer Shein to provide internal documents and more detailed information on risks linked to the presence of illegal goods and content on its marketplace, the EU executive said on Thursday. Shein said it …

Hub announced that it has acquired the assets of John L. Kiley Agency, Inc. dba DAR The Rocchio Agency (The Rocchio Agency). Terms of the transaction were not disclosed. Headquartered in Carmel, Indiana, The Rocchio Agency is an independent insurance …

Three children died in a weekend house fire in suburban Detroit, authorities said. The siblings, a 16-year-old girl and two boys ages 15 and 12, could not escape the fire Sunday night, said Byron Turnquist, fire marshal in West Bloomfield …

The American Civil Liberties Union filed a lawsuit Monday on behalf of an Arkansas librarian who was fired after she spoke out against efforts to restrict the public’s access to certain books. The ACLU of Arkansas filed the lawsuit on …