Author: completebodyneeds
Louisiana Insurance Commissioner Tim Temple on Tuesday issued a directive to residential property and personal auto insurers for mandatory annual reporting of policies. Beginning in 2026, data submissions are required on an annual basis, replacing the previous quarterly reporting requirement. Directive 204 requires insurers to submit the following data through the Louisiana Department of Insurance’s Industry Access Portal by February 28, 2027: Number of policies written Number of policies canceled Number of policies nonrenewed Total dollar amount of premiums written Total amount of insurance coverage in force All data must be categorized by policy type and coverage type and reported…
New offering helps brokers meet market demand for railroad contractors with broader account solutions and added flexibility SAN DIEGO, May 6, 2026 — Arrowhead General Insurance Agency, Inc., an Arrowhead Programs company, today announced the expansion of its Railroad Program to include workers’ compensation coverage for railroad contractors. The enhancement is designed to help brokers respond to evolving market conditions and client needs with a stronger all-lines solution for this class of business. The workers’ compensation line is available to eligible railroad contractors, subject to favorable experience and minimum premium requirements. It also provides added flexibility through return-to-work programs and…
This article is part of a sponsored series by Amwins. Recent media coverage of the alleged Stryker cyber incident has renewed attention on cyber risk across healthcare, life sciences and medical device manufacturing. While headlines often focus on attribution or worst‑case scenarios, events like this are not unfamiliar territory for cyber and healthcare risk professionals. Rather than signaling a new or unprecedented exposure, incidents like this highlight why cyber risk management, cybersecurity controls and cyber insurance structures already exist, and why they have been refined over time. For organizations watching this situation unfold, the takeaway is not alarm, but preparedness.…
Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, Nivus, T-Cross and Tera models. The instrument cluster may not function properly when the vehicle is started due to a software fault, the company said in a statement. The component may display unexpected behavior or remain inoperative, it added, increasing accident risks with potential physical harm to occupants and third parties. Owners of the models recalled must visit a Volkswagen…
The China Eastern Airlines Corp. jetliner that plummeted into a hillside in 2022, killing all 132 people on board, had its fuel supply cut during the flight, newly released investigative material shows, supporting the theory that the aircraft was intentionally brought down. While China still has yet to release a final report on the accident, findings released by the U.S. National Transportation Safety Board this month show that levers controlling the flow of fuel to the jet’s engines were switched to the “cutoff” position while the Boeing Co. 737 aircraft was at a cruising altitude of 29,000 feet. The movement…
U.S. President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing “great progress” toward a comprehensive agreement with Iran. Hours earlier, U.S. Secretary of State Marco Rubio had outlined the effort that began on Monday to escort stranded tankers out of the Gulf. The strait has been virtually shut since the conflict began, blocking some 20% of world oil supplies and igniting a global energy crisis. “We have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom … will be paused for…
President Donald Trump’s administration moved Monday to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies and a petroleum trade group deceived state residents about climate change. The U.S. Department of Justice, the administration’s law enforcement arm, filed an action in federal court in Minneapolis arguing that the federal government has the authority to regulate greenhouse gas emissions, not states, and that Minnesota officials are trying to improperly impose their policy preferences on the rest of the country. “The Constitution does not tolerate such a conflict,” Justice Department attorneys argued in the filing. “Nor does it…
Greece has rescued all nine crew members, eight Turkish and one Azerbaijani, of a cargo ship that hit rocks and sank off the island of Andros early on Wednesday, a Greek coast guard official said. The Vanuatu-flagged freighter had left Albania with hundreds of metric tons of soda on board and was bound for Ukraine when it sank off Andros, the coast guard official said. It was not immediately clear what caused the cargo vessel, which was identified as Corsage C by the Marine Traffic ship tracker, to run aground. A Greek shipping ministry official, who spoke on condition of…
The fast-growing private credit industry’s deepening links with traditional banks and asset managers create risks to the global financial system, the global Financial Stability Board watchdog said on Wednesday, warning some broader measures showed upwards trends of defaults. Signs of some underlying stress are emerging across private credit – typically lending to mid-sized companies by non-banks – including rising defaults, while a lack of transparency is posing challenges for regulators and investors alike, the watchdog said in its “Vulnerabilities in Private Credit” report. It singled out the “retailisation” of private credit – particularly in the United States where funds are…
The New York Times was sued on Tuesday by the U.S. Equal Employment Opportunity Commission, which accused the newspaper of passing over a white man for a top editorial role because of his race and gender, in order to meet what the agency viewed as illegal diversity goals. In a complaint filed in Manhattan federal court, the EEOC said the Times discriminated against the male candidate based on his race or sex, violating Title VII of the Civil Rights Act of 1964. The reverse discrimination lawsuit reflects EEOC Chair Andrea Lucas’ new approach to employment cases, as the agency aligns…
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