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Insurance

North Korean-Linked Hackers Are Targeting Crypto Platforms More But Stealing Less

By Hometown Insurance | January 26, 2024
The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount of funds stolen dropped around 40%, a report Wednesday from blockchain analysis firm Chainalysis Inc. showed. In a series of …
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Ring Will No Longer Allow Police to Request Users’ Doorbell Camera Footage

By Hometown Insurance | January 26, 2024
Amazon-owned Ring will stop allowing police departments to request doorbell camera footage from users, marking an end to a feature that has drawn criticism from privacy advocates. In a blog post on Wednesday, Ring said it will sunset the “Request …
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Small Plane Crash in Florida Everglades Kills 2

By Hometown Insurance | January 26, 2024
FORT LAUDERDALE, Fla. (AP) — A small plane crashed in the Florida Everglades, killing the two people on board, authorities said. Their bodies were found Wednesday in the wreckage. The single-engine Cessna Skyhawk took off from the North Perry Airport …
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GM’s Cruise Owns Up to Robotaxi Mess in Hopes of Returning to Roads

By Hometown Insurance | January 26, 2024
General Motors Co. blamed poor leadership for mishandling its Cruise robotaxi crisis, an admission the carmaker is hoping will help get its cars back on the roads. A report by the law firm Quinn Emanuel, hired by GM and Cruise, …
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Mississippi Businesses, Cities Sue to Protect Dolphins from Louisiana Spillway

By Hometown Insurance | January 26, 2024
JACKSON, Miss. (AP) — Opening a spillway as a flood-control measure in 2019 sent polluted fresh water from the Mississippi River into the Gulf of Mexico and killed bottlenose dolphins that live in saltwater, according to a new lawsuit. Several …
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People Moves: Reinert, Murray to Anchor Everest’s Dedicated Private Equity Practice; Krupczak to Lead US Energy Property at Liberty Mutual

By Hometown Insurance | January 26, 2024
Liberty Mutual Insurance Appoints John Krupczak to Lead Property for US Energy Liberty Mutual Insurance announced the appointment of John Krupczak to the role of head of US Energy (Property), effective immediately. Part of the Liberty Specialty Markets (LSM) business …
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AM Best Revises Outlooks to Negative for Farmers Mutual Fire of Pennsylvania

By Hometown Insurance | January 26, 2024
Ratings firm AM Best has revised the outlooks to negative from stable of Farmers Mutual Fire Insurance Co. of Marble, Pennsylvania. At the same time, it has affirmed the insurer’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer …
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West Virginia Bill Would Allow Teachers to Carry Guns at School

By Hometown Insurance | January 26, 2024
West Virginia’s Republican-dominated Legislature pushed forward a slate of contentious bills Wednesday that would arm teachers, allow people to sue libraries over books that offend them and restrict where transgender kids can use the bathroom at school. Described by conservatives …
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Climate Change Drives Amazon Rainforest’s Record Drought: Study

By Hometown Insurance | January 26, 2024
Climate change is the main culprit for a record drought in the Amazon rainforest that has drained rivers, killed endangered dolphins and upended life for millions of people in the region, according to a study released on Wednesday. Global warming …
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Houthi Attacks Awaken Somali Piracy on Ships Avoiding Red Sea

By Hometown Insurance | January 26, 2024
Piracy off Somalia’s coast has increased since maritime security was disrupted by Houthi militants’ attacks on ships in the Red Sea in response to the Israel-Hamas war. The Horn of Africa nation has recorded five assaults on commercial ships off …
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