Author: completebodyneeds

AXIS Capital Holdings Limited said Jim Rhyner has been appointed head of North America financial lines, programs, and Canada. Rhyner will take the role on Aug. 31 and report to Head of North America Mike McKenna. He will work out of the company’s Short Hills, NJ.. office. Rhyner joins AXIS from The Hartford, where he most recently served as global head of financial lines with previous leadership roles across Navigators, Chubb, Avreco, and AIG. He succeeds John Van Decker, following a planned leadership transition with Van Decker retiring from AXIS following a career that spanned more than four decades, including…

Newswise — A new report documenting California’s rapidly growing silicosis epidemic among quartz countertop workers underscores the urgent need for a national effort focused on stronger surveillance, earlier diagnosis and policy interventions to protect workers from a preventable yet often fatal occupational lung disease. The report, co-authored by David Michaels, professor in the Department of Environmental and Occupational Health at the George Washington University Milken Institute School of Public Health and former assistant secretary of labor for the U.S. Occupational Safety and Health Administration (OSHA), and experts from the California Department of Public Health and two California universities identified 592…

Average commercial insurance premiums decreased across all account sizes for the first time since 2017 during the first quarter. The trend continued for the second quarter. During Q2 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey found premiums decreased an average of 2% across all accounts. Related: ‘Decisive Sign of a Softened Market’: Premiums Decrease Across All Accounts Large account premiums fell by 3.7% following a 2.7% decrease last quarter. Medium account decreases held steady at 1.9%, and small accounts decreased slightly, by an average of 0.5%. Commercial property premiums dropped the most – 6.3% – during…

The decade-long war between the third-party litigation funding sector and the commercial insurance industry reached a turning point when North Carolina became the first state to ban commercial litigation funding on June 22. While some legal and business publications framed the law as the start of a nationwide domino effect, that momentum has failed to materialize. Instead, most states are choosing to build guardrails rather than insurmountable walls. Recent statutes target mandatory transparency, prohibit funder control over strategy and cap investor payouts. According to data compiled by the U.S. Chamber of Commerce, 20 states have enacted laws regulating the industry,…

Progressive insurance, already one of the most-recognized U.S. insurance brands, will gain more exposure this fall with its logo placement on 13 college football fields, including the fields at Ole Miss, Georgia, Oregon, USC, Boise State, Colorado State, Iowa, Kansas State, Purdue, SMU, Syracuse, Texas Tech and Wake Forest. Terms of the deals were not disclosed, but news sites have reported that the going rate for corporate logos on major college football fields is about $3.5 million a year, with some schools commanding as much as $15 million, Bloomberg News and Sports Business Journal have reported. “As we look for…

In a federal court case that gained little attention until recently, Hyundai and Kia automakers and staffing firms this summer agreed to pay more than $11.5 million—plus another $3.4 million in attorneys’ fees—to settle a class-action lawsuit brought by Mexican engineers who said they were shortchanged on the work they were recruited for. The engineers filed suit in 2022, contending that they were recruited under the TN visa program that targets skilled engineering and technical workers. But when they showed up at the Hyundai Mobis parts plant and the Kia plant in Georgia they were assigned manual labor and assembly…

King Risk Partners, ranked as the 36th-largest independent agency in the U.S., is planning for continued growth in coming years. The Gainesville, Florida-based firm this week named M&A specialist Colton Houseman as executive vice president over mergers and acquisitions. Houseman Houseman has more than a decade of experience in mergers and acquisition matters for a global investment bank and private equity firms, King Risk said in a statement. At King, Houseman will identify and evaluate prospective agency partners, build an expansion team and execute transactions. Houseman, a graduate of the University of Georgia, was recently a vice president over M&A…

A former engineering director at Meta Platforms testified on Wednesday that CEO Mark Zuckerberg was responsible for a culture that may have led the company to shirk its responsibility to protect children who use its Facebook and Instagram platforms from harm. Arturo Bejar, a vocal Meta critic who worked at the company from 2009 to 2015 and as an independent contractor from 2019 to 2021, said Zuckerberg was closely involved in much decision-making, and the company’s top-down culture ensured that product design changes would occur only if he ordered them. “If Mark makes something a priority, mountains move in months,”…

Growing solar power in a swath of the US Midwest dominated by Republican leadership has led that region’s electric grid to become the nation’s biggest in terms of electric supply. The Midcontinent Independent System Operator, which provides power to 45 million people in 15 states including Indiana and Missouri, overtook PJM Interconnection LLC, according to a report from BloombergNEF. Until last year, PJM, a sprawling grid stretching from Washington, DC, to Chicago, held the top spot. MISO added 7.45 gigawatts of solar power between April 2024 and this past March, compared with 3 gigawatts at PJM. Illinois, a Blue state,…

U.S. Immigration and Customs Enforcement is pitching a plan to help shield local police officers who make immigration arrests from possible financial consequences if they are accused of on-duty misconduct. The agency is proposing to subsidize liability insurance for state and local officers who are trained and deputized to enforce federal immigration laws, according to a planning document published Friday. ICE’s partnerships with local departments have soared since President Donald Trump returned to the White House last year and may get an additional boost with liability insurance by removing a hurdle that has made some local police departments reluctant to…