Author: completebodyneeds

Meta Platforms said in a court filing on July 6 that four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety. Meta put forward the figure in its response to the attorneys general’s filings on how penalties should be calculated if the states prevailed at trial. The number, which has not previously been disclosed and is close to Meta’s market capitalization of around $1.5 trillion, comes ahead of an August trial in Oakland, California over the claims brought by California, Colorado,…

As speculation about artificial intelligence and job loss continues to dominate headlines, a new analysis from the University of Maryland’s Robert H. Smith School of Business offers something rarer: direct insight from the professionals who are living through the transition. Conducted in the graduate course BUDT751 Harnessing AI for Business—which is closely tied to the MS in Information Systems and MS in Business Analytics programs and open to Master of Science in Management Studies students—the research synthesizes 124 independent career assessments written by the students, analyzing how AI will reshape their chosen professions, from business analysis and consulting to data…

The U.S. cyber defense agency CISA is using Anthropic’s AI model Mythos to audit government software, three people familiar with the matter said on Monday, another sign of government enthusiasm for adopting the AI startup’s tools even as the company navigates an ongoing standoff with the White House. The Cybersecurity and Infrastructure Security Agency is using Mythos to scan government code repositories for bugs that could leave the door open for foreign spies and cybercriminals, the sources said. Anthropic did not respond to questions about the initiative. A CISA representative said last month that he would check to see if…

The New York City Health Department reported last evening that the number of cases of Legionnaires’ disease in the Upper East Side neighborhoods of Carnegie Hill and Yorkville has risen to 23, with 17 people being hospitalized. The city reports there have been no deaths associated with this outbreak. The city is continuing to investigate. Officials said that the likely source of the bacteria causing this pneumonia is a cooling tower in a building in the affected area. The health department said that all cooling towers in the area are being tested. Officials stressed that this is not an issue…

CFC, the London-based specialist MGA, announced the appointment of Adam Winslow as group chief executive officer. The current Group CEO Louise O’Shea, who has served for nearly six years, first as independent non-executive and latterly as CEO, will be stepping down but will remain a significant shareholder in the business. Adam Winslow Prior to joining CFC, Winslow was group CEO of Direct Line Group, where he improved profitability as well as led the company through its £3.7 billion combination with Aviva, creating a major player in the UK insurance market. Before Direct Line Group, Winslow was CEO of Aviva’s UK…

Iran fired at least two missiles at commercial ships transiting the Strait of Hormuz on Monday night, Axios reported, testing a late-June deal with the US to halt attacks as the two sides work toward a peace agreement. Both vessels suffered significant damage, but there were no casualties, Axios cited an unidentified US official as saying. The UK Maritime Trade Operations center said Monday that it received a report of a tanker being struck by an unknown projectile about 8 nautical miles (15 kilometers) east of Limah, Oman. Brent crude rose 0.4% to about $72.25 a barrel after the reports,…

“As our high school mathematics teachers reminded us: you need to show your work. That is true for the commissioner’s calculations as well.” With that admonition, the Massachusetts Supreme Judicial Court criticized and returned the 2024 and 2025 workers’ compensation rate decisions to the state’s insurance regulators for reconsideration. The court found that they failed to explain why they chose to order a 14.6% rate cut in 2024 and a change in the methodology for rating public housing authority employees for 2024 and 2025. The high court’s opinion, written by Justice Scott L. Kafker, is a partial victory for the…

This article is part of a sponsored series by Fulcrum. What 25+ acquisitions taught me about growing a brokerage without growing the headcount. In the years I spent helping integrate more than 25 acquired agencies at a large independent brokerage, I watched the same scenario play out more times than I can count. A brokerage would close a deal, absorb a new book of business, and immediately feel the pressure of more accounts, more renewals, and more client expectations landing on a team already at capacity. The instinct is always to hire. Add another account manager. Bring on support staff.…

Louisiana Insurance Commissioner Tim Temple has issued an emergency rule suspending insurance cancellations and non-renewals in certain parishes as the state recovers from Tropical Storm Arthur. Emergency Rule 50 states that insurers refrain from issuing any notice of cancellation, notice of renewal, nonreinstatement or any other notice in the parishes of Avoyelles, Lafourche, Pointe Coupee, Rapides, St. Landry, St. Tammany, and Terrebonne. The order remains in effect until July 22, 2026, unless the insurance commissioner terminates it earlier. “As floodwaters recede and affected policyholders shift their focus from the disaster to the recovery phase, now is the time to issue…

Bamboo Insurance today launched its Essential homeowners program, a new HO2 product designed for homeowners looking for basic coverage. The Essential program provides what the company says is a lower-cost option focused on core protection that makes it convenient for homeowners to secure coverage. The program is designed to accommodate a broader range of properties, including older homes and those with prior loss history. Coverage is available for owner-occupied primary residences as well as seasonal or secondary homes. Bamboo Insurance is a technology-enabled managing general underwriter focused on homeowners’ coverage. Topics California Was this article valuable? Yes No Here are…