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Insurance

A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP

By Hometown Insurance | December 19, 2025
Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility …
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More US Beef Plants May Close as Cattle Herds Keep Tightening

By Hometown Insurance | December 19, 2025
American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …
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Ben & Jerry’s Board Says More Directors Face Removal

By Hometown Insurance | December 19, 2025
Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & Jerry’s, newly …
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Kerr County Officials in Race to Build $5M Flood Warning System Before Next Texas Flood Season

By Hometown Insurance | December 19, 2025
With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …
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AI Threatens to Displace Workers, Bank of England’s Bailey Warns

By Hometown Insurance | December 19, 2025
Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …
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Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials

By Hometown Insurance | December 19, 2025
In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …
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British Regulator Cracks Down on Home, Travel Insurers

By Hometown Insurance | December 19, 2025
Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority …
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India’s Big-Bang Financial Reforms Target Foreign Money

By Hometown Insurance | December 19, 2025
India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
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Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status

By Hometown Insurance | December 19, 2025
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
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Tesla Door Safety Issues Have Owners Buying Car Escape Tools

By Hometown Insurance | December 19, 2025
Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.
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Recent Posts

  • OpenAI Commits $1 Billion to Cyberdefense Effort Amid Safety Scrutiny
  • People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams
  • King Risk Partners Acquires New Jersey’s Conover Beyer Associates
  • Viewpoint: Global Reinsurance Pricing to Remain Under Pressure Through 2027
  • SAIF in Oregon Declares $50 Million Dividend

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