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Insurance

France Seizes ‘Shadow Fleet’ Tanker, Stepping Up Pressure on Russia

By Hometown Insurance | June 26, 2026
France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to enforce sanctions and squeeze one of Moscow’s main revenue streams. Nine suspected shadow fleet tankers, vessels …
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TotalEnergies Must Address Climate Risks Linked to its Products, French Court Rules

By Hometown Insurance | June 26, 2026
French oil major TotalEnergies must disclose the climate risks linked to emissions from its oil and gas products and set out plans to mitigate them, a Paris court ruled on Thursday. The ruling is a partial victory for climate change …
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Chemical Maker Chemours to Pay $450M to Settle ‘Forever Chemicals’ Case

By Hometown Insurance | June 26, 2026
The Trump administration on Wednesday reached a multi-state settlement with chemical giant Chemours Co. over years-long, illegal discharges of synthetic “forever chemicals” used to make products resistant to water, grease and stains. The settlement is the first by the federal …
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Higginbotham Tests the Carolina Waters With Turbeville Acquisition

By Hometown Insurance | June 26, 2026
Higginbotham, now ranked as the 16th-largest independent brokerage chain, has expanded into South Carolina with the acquisition of the well-known Turbeville Insurance Agency. Turbeville, founded in 1991 by William L. “Bill” Turbeville Jr., has 60 employees, with offices in Columbia, …
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NAIC Says Data Taken in Hack Has Been Published Online

By Hometown Insurance | June 25, 2026
The National Association of Insurance Commissioners (NAIC) now says the data taken earlier this month from its information technology systems has been published online by the hackers responsible. In a short note on it’s website, NAIC said it is “actively …
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Ship Struck in Hormuz as Oil Supertankers Turn Back Again

By Hometown Insurance | June 25, 2026
A ship was hit by an unknown projectile in the Strait of Hormuz, just hours after several freighters turned around while attempting to cross the vital waterway, developments that may undermine what had been a rapid reopening of the energy …
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O’Reilly Auto Parts Sued For Disability Discrimination at Michigan Facility

By Hometown Insurance | June 25, 2026
O’Reilly Auto Enterprises, LLC, doing business as O’Reilly Auto Parts, a national auto parts retailer operating more than 6,500 stores throughout the United States, Puerto Rico, Mexico and Canada, violated federal law by failing to reasonably accommodate a disabled employee …
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Heavy Texas Rain Pushes Corpus Christi Water Emergency Into 2027

By Hometown Insurance | June 25, 2026
Corpus Christi, the leading crude-export hub in the US, is no longer facing an imminent emergency after heavy rain and tropical storms replenished reservoirs that had been depleted by years of drought. The South Texas coastal city had projected it …
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Markets/Coverages: CFC Embeds Affirmative AI Cover in Product Portfolio

By Hometown Insurance | June 25, 2026
Specialist insurer CFC said it is responding to customer demand with updates to embed affirmative AI coverage within its portfolio. The rollout introduces clear, explicit AI-related language to eliminate ambiguity across seven key policies to ensure customers have certainty around …
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Software Buyout King Orlando Bravo Attempts an AI-Era Reboot

By Hometown Insurance | June 25, 2026
Orlando Bravo was quick to see the disruptive potential of software, making a series of lucrative bets on the sector that turned him into a billionaire and transformed the buyout shop he leads, Thoma Bravo, into an industry powerhouse. Now, …
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