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Insurance

People Moves: RT Specialty Tabs David Derigiotis to Lead New Detroit Office

By Hometown Insurance | June 5, 2025
RT Specialty, a wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty, announced that it has opened an office in Detroit and hired David Derigiotis as EVP and office president. Derigiotis joins RT …
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Deadly Flash Flooding Claims Life in Dallas As Severe Weather Hits Central U.S.

By Hometown Insurance | June 5, 2025
One person has died after severe weather tore through parts of the central U.S., including heavy rain in Dallas, a tornado that touched down in the Kansas City area and flash flooding in Kansas that forced firefighters to rescue dozens …
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BlackRock Escapes Texas Oil-Boycott List After ESG Retreat

By Hometown Insurance | June 5, 2025
BlackRock Inc. was removed from Texas’ blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental policies of the world’s largest asset manager. The move means pension funds and other state-run investment accounts — which manage …
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AI’s Need for Power Spurs Return of Dirty Gas Turbines

By Hometown Insurance | June 5, 2025
If Stargate’s first AI data center is completed next year as planned, the 900-acre site will need enough round-the-clock electricity to support 300,000 homes. But securing that power isn’t as simple as plugging into the grid. Unlike arch rival Meta …
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Chinese Hacked US Telecom a Year Before Known Wireless Breaches

By Hometown Insurance | June 5, 2025
Corporate investigators found evidence that Chinese hackers broke into an American telecommunications company in the summer of 2023, indicating the country’s attackers penetrated the US communications system earlier than publicly known. Investigators working for the telecommunications firm discovered last year …
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Patriot Growth Expands With Brennan & Co. Insurance Agency in Georgia

By Hometown Insurance | June 5, 2025
Brennan & Co. insurance agency, based in Savannah, Georgia, is now part of Patriot Growth Services, a brokerage and insurance services firm that has grown rapidly since its founding in 2019. Brennan began business in 2005, specializing in commercial marine …
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SC Party Boat Shooting Victim Lawyer Says No One Checked IDs or For Weapons

By Hometown Insurance | June 5, 2025
No one was checking IDs or for weapons before a party boat cruise that ended with a shooting that hurt 11 people in South Carolina over Memorial Day weekend, a lawyer for one of the victims said. Police have announced …
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Longtime Alabama Insurance Agent Announces Run for Governor

By Hometown Insurance | June 5, 2025
Longtime Alabama insurance agent and former congressional candidate Ken McFeeters announced he is running for governor of Alabama next year, casting himself as a political outsider and accusing his opponent U.S. Sen. Tommy Tuberville of being a “part of the …
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OpenAI Finds More Chinese Groups Using ChatGPT for Malicious Purposes

By Hometown Insurance | June 5, 2025
OpenAI is seeing an increasing number of Chinese groups using its artificial intelligence technology for covert operations, which the ChatGPT maker described in a report released Thursday. While the scope and tactics employed by these groups have expanded, the operations …
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Trump Administration May Rescind $4B for California High-Speed Rail Project

By Hometown Insurance | June 5, 2025
The Trump administration said Wednesday there is no viable path forward for California’s High-Speed Rail project and warned it may rescind $4 billion in government funding in the coming weeks. The U.S. Transportation Department released a 315-page report from the …
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