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Insurance

Hacking Group Claims Mass Data Theft From Shell, Philips, GE, Fiserv, Others

By Hometown Insurance | August 14, 2026
A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly 50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the group’s …
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Crypto Firm Trezor Says Data Breach Exposed Thousands of Clients

By Hometown Insurance | August 14, 2026
Trezor, a maker of hardware devices used to store cryptocurrencies, said personal information belonging to thousands of customers was exposed in a data breach affecting one of its shipping providers, the latest security incident to hit the digital-asset industry. The …
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UK’s Aviva CEO Says Profit Target Is Safe Despite Fires in UK, Canada

By Hometown Insurance | August 14, 2026
Aviva Plc is on track to achieve its profitability targets for the year despite its exposure to wildfires in the UK and Canada, according to its chief executive officer. The British insurer is in contact with customers impacted by the …
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Germany Evacuates Nearly 2,000 People as Wildfire Spreads in the West

By Hometown Insurance | August 14, 2026
More than 2,000 people evacuated their homes in western Germany on Friday, after a wildfire near the Belgian border spread towards a village, local authorities said. Residents were asked to leave their homes in the village of Gey at around …
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France Evacuates 525 People as New Wildfire Hits Pine Woods in Southwest

By Hometown Insurance | August 14, 2026
French authorities have evacuated 525 people from the village of Luglon after a wildfire broke out in the southwestern Landes region, not far from an area already devastated by major blazes this summer. The fire, which has razed 1,100 hectares …
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Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says

By Hometown Insurance | August 14, 2026
The peak of tornado season may be behind us, but the eastward expansion of what has been traditionally known as Tornado Alley into more populated areas may continue raising insurance risk for some time. Record tornado activity in Illinois, Indiana, …
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US Climate Prediction Center Sees 69% Chance of Historic El Niño

By Hometown Insurance | August 14, 2026
The El Niño building in the Pacific Ocean is increasingly expected to reach a strength not seen in 76 years of record keeping. “During the October-December 2026 season, there is a 69% chance of a historic event that would exceed …
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Almost All Top US Companies Had Board Diversity Rules. Now Most Are Gone

By Hometown Insurance | August 14, 2026
Three years ago, nearly every major US company explicitly considered diversity when choosing new directors. Now, most don’t. In all, 61 S&P 100 companies have dumped explicit diversity criteria for future board members since 2023, according to an ESGAUGE analysis …
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Cargo Thefts Drop in Q2 but Losses More Than Double

By Hometown Insurance | August 14, 2026
Cargo theft incidents were down 26% in the second quarter 2026 compared with the same time a year ago but it turns out that thieves stole expensive items as losses reached over $300 million. According to a report from Verisk’s …
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Aon’s NFP Buys Cannabis Business From Frontier Risk

By Hometown Insurance | August 14, 2026
NFP, a subsidiary of Aon, the international insurance broker, announced it has acquired the retail cannabis business of Frontier Risk Group, a specialty insurance company that has focused on the marijuana industry. Frontier is based in Norwalk, Connecticut. Eric Scheider, …
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