Author: completebodyneeds
The Trump administration is proposing rules to tighten security against rogue drone flights. Owners of certain facilities such as energy plants, oil refineries, state prisons and amusement parks would be able to request restrictions on drones near their sites under proposed regulations from the US Federal Aviation Administration. The rules, released Tuesday, require applicants to explain why a restriction is necessary for “aviation safety, protection of people and property on the ground, national security, or homeland security.” That includes describing drone operations over the facility during the previous 24 months, highlighting any gaps or weaknesses that might be exploited and…
Corgi AI Coverage Fills Gaps Left by Traditional Tech Coverage From autonomous agents making financial decisions to models generating customer-facing content, AI systems are no longer just experimental, they are operational. But what happens when one of these systems malfunctions, produces biased outputs, or acts unpredictably? The resulting financial and legal exposure can be significant. As artificial intelligence becomes deeply embedded in business operations, there is a new category of risk is emerging that traditional insurance policies were not intended to cover. The new AI Insurance Coverage from full-stack insurer Corgi is designed to fill those gaps. “Businesses are moving…
A fire broke out Monday in the Broadway theater that hosts “The Book of Mormon,” forcing the long-running musical to close, at least temporarily, as the historic venue undergoes repairs. The blaze, which began in an electrical room, caused “substantial damage” to the Eugene O’Neill Theatre, according to New York Fire Department Assistant Chief David Simms. The cause of the fire remains under investigation. “Everyone has been safely removed from the theater,” the theater’s owner, ATG Entertainment, said in a statement. “We will keep all parties abreast of this developing situation.” It wasn’t immediately clear how long the 1,108-seat theater…
Farmers across the Great Plains are confronting an intense drought that threatens winter wheat harvests and is pushing cattle producers toward costly feed purchases, prompting some to abandon plans to expand their herds. The dryness is expected to persist through spring after weeks of scant rainfall and a late-winter heat spell that fueled massive pasture fires across the nation’s breadbasket. Drought now covers nearly 90% of Nebraska and Oklahoma, with more than half of Nebraska in “extreme” drought. Such conditions have historically driven cattle producers to sell off animals and forced farmers to drill new irrigation wells as rivers run…
A U.S. Department of Labor whistleblower investigation has found that a railroad company wrongfully suspended an employee for reporting a train collision and safety concerns, in violation of the Federal Railroad Safety Act. The department’s Occupational Safety and Health Administration investigated a complaint filed by a Kansas City-based employee of Canadian Pacific Kansas City Ltd., who reported to the Federal Railroad Administration a minor train collision that occurred at the railroad company’s Knoche Yard on Aug. 11, 2024. While the employee was not present at the time of the crash, which caused minimal damage and did not result in any…
Society Insurance announced that Kshitij Kohli has joined the organization as vice president of information technology. In this role, Kohli will lead Society’s technology strategy and execution, with responsibility for core systems, infrastructure, cybersecurity and technology investments aligned with business strategy and long-term growth. Kohli has extensive experience leading enterprise-wide technology transformation across the insurance and financial services industries. Most recently, he served as chief technology officer at Church Mutual Insurance. Kohli holds a Master of Business Administration from the University of Minnesota’s Carlson School of Management. He also completed a master’s degree in computer science from the Illinois Institute…
TWFG announced that it has acquired Asset Protection Insurance Associates. This acquisition combines APIA’s deep specialization in the MGA space, and its highly client‑centric operating model, with TWFG’s expansive platform, resources, and growth infrastructure. By combining organizations, Castroville, Texas-based APIA will benefit from enhanced operational processes designed to improve efficiency and support growth at scale. Additionally, APIA will leverage TWFG’s world‑class technology infrastructure, including advanced tools, data analytics, and digital solutions that further elevate the client experience and strengthen execution across the MGA lifecycle. A core priority of the transaction is continuity. Shannon DeLaune, along with the entire APIA team,…
Nearly one in two young people in Europe have used AI chatbots to discuss intimate or personal matters, as the technology increasingly serves as a source of emotional support, an Ipsos BVA survey showed on Tuesday. Of the 3,800 people surveyed, 51% said it was “easy” to discuss mental health and personal issues with a chatbot. Only 49% said the same about healthcare professionals and 37% about psychologists. People close to you were at the top of the list, with 68% saying it was easy to discuss issues with friends and 61% with parents. Read more: Families of Canadian Mass…
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to take over Berkshire’s vast insurance operations once 74-year-old Jain retires, the report said. Reuters could not immediately verify the WSJ report. Berkshire Hathaway did not immediately respond to Reuters’ request for a comment. Jain has led the division for decades and is widely credited with shaping its global reinsurance strategy. Berkshire owns reinsurer Gen Re, where Shamieh has served as…
Rhode Island’s regulator has approved a 2.5% average reduction in overall workers’ compensation loss costs. The reduction will take effect on August 1, 2026. More than 200 insurers write workers’ compensation coverage in the state. The rate change was proposed by the industry’s National Council on Compensation Insurance (NCCI) last November and, according to the state, this latest approval marks the 11th consecutive annual decrease in loss costs for the state, resulting in a net average decrease of 75.8% since 2015. “This latest average rate reduction signals a healthy insurance market in Rhode Island,” said Department of Business Regulation (DBR)…
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